Neerim South Suburb Profile

Victoria 3831

Neerim South has 962 properties. Over the last 5 years, Houses in Neerim South have seen a 41.96% increase in median value, while Units have seen a 47.02% increase. As at 30 June 2024:

• The median value for Houses in Neerim South is $653,834 while the median value for Units is $499,522.
• Houses have a median rent of $433.

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.