Over the last year, property investments in Neerim South, 3831 have given investors a capital gain of -5.42%. This compares very badly with the 11.73% for VIC as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Neerim South has increased when compared to the 5 year average annual rate.
In the last year 26 properties changed hands in Neerim South, which puts it as the 556th most active market in VIC when comparing the number of sales per suburb.
Advertised rents are around the $287.5 mark per week – giving a return of 4.69% based on the median price in Suburb