42 Railway RoadNeerim South VIC 3831
Property Details for 42 Railway Rd, Neerim South
Last Listing description (February 2022)
Offered for sale on 1.676 m2 of Industrial 1 Zone land in Neerim South's Industrial sector is the property known as 42 Railway Road, Neerim South. The former Neerim South Railway Staff Residence is on the site and has a Baw Baw Shire Overlay, refer to attached documentation in pictures. The site lends itself to opportunities to establish permitted uses within the Baw Baw Shire Planning Scheme (Industrial 1 Zone). To book a private inspection please call Dennis or Liz at Biggin & Scott Real Estate, Neerim South on 5628 1493.
Property History for 42 Railway Rd, Neerim South, VIC 3831
- 17 Nov 2021Sold for $235,000
- 02 Apr 2020Listed for Sale $250,000
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About Neerim South 3831
The size of Neerim South is approximately 63.9 square kilometres. It has 9 parks covering nearly 1.3% of total area. The population of Neerim South in 2011 was 1,193 people. By 2016 the population was 1,302 showing a population growth of 9.1% in the area during that time. The predominant age group in Neerim South is 50-59 years. Households in Neerim South are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Neerim South work in a professional occupation. In 2011, 81.5% of the homes in Neerim South were owner-occupied compared with 82.9% in 2016.
Neerim South has 969 properties. Over the last 5 years, Houses in Neerim South have seen a 49.53% increase in median value, while Units have seen a 56.84% increase. As at 31 October 2024:
- The median value for Houses in Neerim South is $642,961 while the median value for Units is $494,721.
- Houses have a median rent of $490.
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