OFF MARKET

650 Mcdougal Road
Neerim South VIC 3831

Bedrooms: -
Bathrooms: -
Car spaces: 2
Land area: 80950m2
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Property Details for 650 Mcdougal Rd, Neerim South

Building Type
Land
Land Size
80950m2
Local Government
Baw Baw
Lot/Plan
2/LP129539

Last Listing description (April 2020)

This gem of a property is reluctantly offered for sale for the first time in approx 40 years and presents one of those seldom found opportunities to score an above average hobby farm or turnout paddock for horses or cattle..
Located on a made road just 7 km from Neerim South township and approx 20 kms from Warragul is this magnificent undulating 20 acre parcel of land comprising of approx 15 acres of pasture in 5 paddocks and a fenced off 5 acres approx of forest treed area. The block is beautifully framed by approx 5 acres of forest gums whilst the remaining 15 acres is ideal for grazing, horse riding pursuits, crops and fruit trees and hobby farm interests. Fenced into 5 good paddocks with a mix of timber slab and post and wire fencing with electric wire, the property also boasts a high clearance lock up shed with concrete floor, power and roof connection to a massive concrete water tank which also services stock troughs in the paddocks. There are other useful animal sheds and shelters and a hay shed, a meat smoker and an all season dam with jetty adds to the appeal of the block. A lined garage completes the buildings on the property. The block offers privacy from the road and from neighbours yet is not isolated and conveniences are minutes away in Neerim South and surrounds. If horse or motor bike riding is your hobby then you can't get closer to the State Forest opposite via Patrol Road.
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Property History for 650 Mcdougal Rd, Neerim South, VIC 3831

A timeline of how this property has performed in the market
Last Sold
$570,000
01 Jul 2021
  • 01 Jul 2021
    Sold for $570,000
  • 05 Apr 2019
    Listed for Sale $550,000 - $600,000
  • 29 Sep 2008
    Transferred
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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 968 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.
There are currently 16 properties listed for sale, and no properties 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

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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.