What is the current median house price in Neerim South, VIC?
The median house price in Neerim South, VIC 3000 is $690,000 as of 2026. Prices have grown by 11.0% over the past 12 months.
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Core Market Intelligence — May 2026
The median house price in Neerim South, VIC 3000 is $690,000 as of 2026. Prices have grown by 11.0% over the past 12 months.
Neerim South shows favourable investment fundamentals. Key indicators include positive 12-month capital growth of 11.0%, a rental yield of 3.5%. Investors should consider their strategy (capital growth vs yield) and conduct due diligence on local market conditions before making decisions.
The gross rental yield in Neerim South, VIC 3000 is approximately 3.5%, with a median weekly rent of $260. This yield reflects a growth-oriented market where capital gains may offset lower income returns.
Neerim South, VIC 3000 has a population of 1,599 with a median age of 47. The median household income is $2,938.