OFF MARKET

5 Railway Road
Neerim South VIC 3831

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 124m2
Land area: 700m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 2 Sep 2024
Low

High
Save

Property Details for 5 Railway Rd, Neerim South

5 Railway Rd, Neerim South is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 700m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
House
Year Built
1960
Floor Size
124m2
Land Size
700m2
Local Government
Baw Baw
Lot/Plan
3/LP118593

Last Listing description (February 2023)

Situated on a 700m2 block this comfortable home on leafy Railway Road will suit investors, first home buyers and downsizers. You will love the convenience of being within walking distance to all that Neerim South offers including shops, medical facilities, sporting facilities, schools and pub.

* Formal lounge with new solid fuel heater and Split system aircon.
* Three spacious bedrooms

* Open Plan kitchen/dining area
* Modern renovated bathroom
* polished floorboards
* Large roofed alfresco with rural views.
* 6x9m C/B double garage with concrete floor, power and pot belly heater.
* low maintenance garden setting with established trees.
* Solar Panels system reducing electricity costs.
* Short distance to Bentley Park estate wetlands.
* 600 metres from Neerim South shops.
* 15 minutes to Warragul.

Property History for 5 Railway Rd, Neerim South, VIC 3831

A timeline of how this property has performed in the market
Last Sold
$372,500
02 Mar 2021
Listed for Rent
$240/w
05 Oct 2013
  • 05 Mar 2021
    Listed for Sale Not Disclosed
  • 02 Mar 2021
    Sold for $372,500
  • 09 Oct 2020
    Listed for Sale Not Disclosed
Sign in to see more transactions

Commute Calculator

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 963 properties. Over the last 5 years, Houses in Neerim South have seen a 30.81% increase in median value, while Units have seen a 46.07% increase. As at 31 July 2024:

  • The median value for Houses in Neerim South is $602,066 while the median value for Units is $492,018.
  • Houses have a median rent of $490.
There are currently 11 properties listed for sale, and no properties listed for rent in Neerim south on OnTheHouse. According to CoreLogic's data, 32 properties were sold in the past 12 months in Neerim south.

Suburb Insights for Neerim South 3831

Market Insights
Neerim South Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neerim South Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.