Investment property in Neerim South has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 25.62%
While Neerim South,3831 ranked number 135th in VIC for increase in median house value (annualised) increase, it is ranked 528th over the last 5 years.
Property buyers and investors in Neerim South 3831 should be seeing an average reduction in asking price of around -3.13% . This means that Neerim South is holding prices well when compared to other suburbs in VIC.
In the last year 18 properties changed hands in Neerim South, which puts it as the 623th most active market in VIC when comparing the number of sales per suburb.
Situated 89.96km from the CBD, Neerim South is one of Baw Baw (S) localities in the postcode 3831.