OFF MARKET

27 Railway Road
Neerim South VIC 3831

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Property Details for Lot 23/27 Railway Rd, Neerim South

Building Type
Land
Local Government
Baw Baw

Last Listing description (September 2018)

Located in the delightful rural township of Neerim South sits this 720m2 allotment which would make for an ideal place to build your dream home. Overlooking the tranquil Neerim South Wetlands and only a short distance to town and schools this delightful estate is in a beautiful rural setting. With protective covenants in place this boutique estate is sure to leave a lasting impression.

Property History for Lot 23/27 Railway Rd, Neerim South, VIC 3831

A timeline of how this property has performed in the market
  • 26 Mar 2018
    Listed for Sale $152,000

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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 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.