Suburb Profile Report for Neerim South VIC (3831)

Neerim South House: Median price $330,000, Annual capital growth 11.56%, Number of sales 17, Weekly median advertised rent N/A

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

With a capital gain of 17.86% for the last 12 months, Neerim South, 3831 has performed for property investments than its average annual 11.56% property growth over the last 5 years.

Over the longer term, Neerim South has seen property prices show investors a -2.94% return over the last 3 years. This is an improvement over the last 12 months

HOUSE UNIT
$330,000 N/A
N/A N/A
17.86% N/A
11.56% N/A
N/A N/A
17 N/A
N/A N/A
N/A N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 1193
Median household income ($/weekly) 1064
Median age of persons 43
Median housing loan repayment ($/monthly) 1559
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 180 15.1
    35-44 years 167 14.0
    45-54 years 180 15.1
    55-64 years 158 13.2
    65-74 years 133 11.1
    Others 376 31.5
    Age Group
    Census Count Percent(%)
    Registered Married 481 56.6
    Not Married 288 33.9
    Defacto Relationship 81 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 1032 88.5
    Greece 18 1.5
    New Zealand 15 1.3
    Papua New Guinea 10 0.9
    United Kingdom 52 4.5
    Others 39 3.3
    Country of Birth
    Census Count Percent(%)
    Christianity 693 65.4
    No Religion 348 32.9
    Buddhism 12 1.1
    Other Religious Groups 6 0.6
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 50 13.5
    $800-$999 43 11.6
    $1,000-$1,249 43 11.6
    $1,500-$1,999 44 11.9
    $2,000-$2,499 44 11.9
    Others 146 39.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 371 40.2
    Employed, worked full-time 316 34.2
    Employed, worked part-time 184 19.9
    Employed, away from work 33 3.6
    Unemployed, looking for work 20 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 95 17.8
    Professionals 95 17.8
    Technicians & trades workers 73 13.6
    Clerical & administrative workers 63 11.8
    Labourers 71 13.3
    Others 138 25.8
    Occupation
    Census Count Percent(%)
    Pre-school 27 10.1
    Infants/Primary 111 41.4
    Secondary 91 34.0
    Technical or Further Educational Institution 19 7.1
    University or other Tertiary Institutions 17 6.3
    Others 3 1.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1054 95.7
    Flat, unit or apartment 21 1.9
    House or flat attached to a shop, office 13 1.2
    Caravan, cabin, houseboat 7 0.6
    Semi-detached, row or terrace house, townhouse 6 0.5
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 178 41.6
    Fully owned 175 40.9
    Rented 72 16.8
    Other tenure type 3 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals