Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $300,000 | 0.0% | $174,000 | $397,500 | 11 |
| 2010 | $390,000 | +23.1% | $167,500 | $859,000 | 18 |
| 2011 | $280,000 | -39.3% | $85,000 | $608,000 | 9 |
| 2012 | $369,000 | +24.1% | $191,000 | $530,000 | 20 |
| 2013 | $360,000 | -2.5% | $165,000 | $2,020,000 | 31 |
| 2014 | $360,000 | 0.0% | $260,000 | $555,000 | 13 |
| 2015 | $295,000 | -22.0% | $180,000 | $620,000 | 19 |
| 2016 | $385,000 | +23.4% | $210,000 | $705,000 | 11 |
| 2017 | $387,500 | +0.6% | $235,000 | $710,000 | 13 |
| 2018 | $449,000 | +13.7% | $245,000 | $720,000 | 13 |
| 2019 | $500,000 | +10.2% | $300,000 | $1,450,000 | 13 |
| 2020 | $536,000 | +6.7% | $330,000 | $1,040,000 | 29 |
| 2021 | $610,000 | +12.1% | $365,000 | $2,000,000 | 21 |
| 2022 | $620,000 | +1.6% | $435,000 | $970,000 | 15 |
| 2023 | $815,000 | +23.9% | $475,000 | $1,300,000 | 15 |
| 2024 | - | - | - | - | - |
Median Sale Price
$815K
Based on 11 recorded sales within the last 12 months
Updated on 21 Apr 2024
Suburb Growth
+16.0%
Current Median Price: $815,000
Previous Median Price: $685,000
Based on 29 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $250 | 0.0% | $180 | $295 | 9 |
| 2012 | $250 | 0.0% | $135 | $320 | 7 |
| 2013 | $260 | +3.8% | $125 | $350 | 11 |
| 2014 | $320 | +18.8% | $250 | $350 | 10 |
| 2015 | $320 | 0.0% | $240 | $370 | 12 |
| 2016 | $305 | -4.9% | $240 | $600 | 9 |
| 2017 | $310 | +1.6% | $260 | $550 | 10 |
| 2018 | $375 | +17.3% | $290 | $380 | 4 |
| 2019 | $400 | +6.3% | $180 | $575 | 13 |
| 2020 | $385 | -3.9% | $275 | $450 | 5 |
| 2021 | $510 | +24.5% | $250 | $2,498 | 10 |
| 2022 | $510 | 0.0% | $370 | $600 | 9 |
| 2023 | $460 | -10.9% | $390 | $620 | 9 |
| 2024 | $550 | +16.4% | $420 | $600 | 3 |
Median Rent Price
$480
per week
Based on 9 recorded rent within the last 12 months
Updated on 21 Apr 2024
Rent Price Growth
-4.2%
Current Median Rent: $480
Previous Median Rent: $500
Based on 20 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.1%
Current Median Price: $815,000
Current Median rent: $480
Based on 20 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Schools closest to Neerim South, VIC 3831
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Neerim South Primary School | 180 MAIN NEERIM ROADNeerim South 3831 | Primary | Government | 0.17 km |
| Neerim District Secondary College | NEERIM EAST ROADNeerim South 3831 | Secondary | Government | 0.22 km |