SOLD
RECENT ADVICE
Sold on 06 Dec 2024 for $685,000

51 Wattle Lane
Neerim South VIC 3831

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 7810m2
Save

Property Details for 51 Wattle Lane, Neerim South

51 Wattle Lane, Neerim South is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 7810m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 3 bedroom House sold in Neerim South in the last 12 months.

Building Type
House
Land Size
7810m2

Last Listing description (December 2024)

An opportunity rarely offered in Neerim South, Mambara Gardens is for sale for the first time in over 70 years. Sitting on 2 acres (approx.) Mambara is a rare size of property in the highly sought after town of Neerim South. The north facing property allows for magnificent views over the rolling countryside. Once a raspberry and strawberry farm it was transformed into a garden acclaimed for its clever design and use of rare and beautiful plants and trees.

The original house was updated in the 1980's to include a huge timber lined living area and artist's studio. Currently there are 3 bedrooms, studio (or 4th bedroom), 2 living areas, country kitchen, bathroom with separate toilet, two outside undercover areas, lined tool shed and woodsheds. The property has been vacant for a few years and the garden and the house have seen better days. There is some work required to do to bring it back to its former glory. So please come prepared with a vision of what is possible and you might find this property will reward you with a rural lifestyle that others can only dream about.

Property History for 51 Wattle Lane, Neerim South, VIC 3831

A timeline of how this property has performed in the market
Last Sold
$685,000
06 Dec 2024
  • 06 Dec 2024
    Sold for $685,000
  • 14 Nov 2024
    Listed for Sale $690,000 - $720,000

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 971 properties. Over the last 5 years, Houses in Neerim South have seen a 38.72% increase in median value, while Units have seen a 59.77% increase. As at 30 November 2024:

  • The median value for Houses in Neerim South is $629,831 while the median value for Units is $498,367.
  • Houses have a median rent of $525.
There are currently 15 properties listed for sale, and 1 property listed for rent in Neerim south on OnTheHouse. According to CoreLogic's data, 26 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: The middle value of all properties across the geography based on the Automated Valuation Model.


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


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Natalie Hodge
Show contact details
Grant Johnson
Show contact details
Harcourts Warragul
Preferred contact:
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.