Median price trend for houses
Based on 32 sales in the preceding 12 months
$645,000
Down 3.0% over 12 months
- 2 bed
- $495k
- 3 bed
- $630k
- 4 bed
- $650k
- 5+ bed
- $1.29m
Aerial view
Imagery © Esri
The quick read on
Neerim South
VIC 3831 · Baw Baw
What homes cost, how rents have moved, and a feel for the people who call it home.
- Median house
- $645,000
- Median unit
- $380,000
- Population
- 1,599
- Postcode
- 3831
latest suburb median
latest suburb median
ABS 2021
Neerim South, Victoria
Property market insights for Neerim South
Median sale price and rental income of properties in Neerim South VIC
Median rent trend for houses
Based on 8 rental listings in the preceding 12 months
$500 per week
Up 5.3% over 12 months
Market data updated October 2026.
The median house price in Neerim South, VIC is currently $645,000, based on the latest 12 months of sales. Neerim South has a 12-month growth rate of -3.0% for houses.
Two-bedroom houses have a median sale price of $495,000, Three-bedroom houses have a median sale price of $630,000, Four-bedroom houses have a median sale price of $650,000, Larger houses have a median sale price of $1,290,000 in Neerim South.
If you're looking to lease, the median rent for houses in Neerim South is $500 per week. The median house rent has increased 5.3% over the last 12 months.
The median price of apartments and units for sale in Neerim South is $380,000. Two-bedroom apartments and units have a median sale price of $380,000 in Neerim South.
Crime and safety
Is Neerim South safe?
The overall rate for Neerim South is 2,515 offences per 100,000 residents — 38% below the Rest of Vic. benchmark.
That is the clearest suburb-wide answer. Open the detailed profile to see how the pattern changes across offence types and different parts of Neerim South.
Overall crime rate
2,515
offences per 100,000 residents
38% belowRest of Vic.
Neerim SouthRest of Vic.: 4,070
Suburb-wide estimate from Microburbs' public crime model; it is not an address-level measure.
The people behind the postcode
Who lives in Neerim South?
Neerim South VIC 3831 is in Victoria, within Rest of Vic..
1,599 people call Neerim South home, with an average of 2.5 people per household and a median household income of $1,359 a week.
Public ABS 2021 Census figures. The bars compare the local share with the capital-region benchmark.
- Population
- 1,599
- Median age
- 47 years
- Median mortgage
- $1,549 / month
- 2021 household rent
- $260 / week
Above the benchmarkBelow the benchmarkIn lineRest of Vic. benchmark
Age profile
Share of residents in each age band.
Under 1517.9%In line
15–3420.0%Below
35–5420.5%Below
55–7429.9%Above
75 and over11.4%Above
Homes
Share of occupied private dwellings.
Separate houses96.8%Above
Townhouses1.8%Below
Apartments2.1%In line
Ownership
Share of homes with a stated ownership or rental status.
Owned outright48.5%Above
Paying a mortgage39.6%Above
Renting11.9%Below
Cars at home
Vehicles available to occupied households.
No car1.1%Below
One car25.5%Below
Two cars42.4%Above
Three or more31.7%Above
Getting to work
Selected ways residents worked or travelled on Census day.
Worked from home17.9%Above
Drove to work60.2%Below
Train, tram or bus0.4%In line
Walked or cycled3.5%In line
What stands out in Neerim South
17.9% of workers in Neerim South worked from home on Census day.
3.7% of Neerim South residents were born in England.
46.7% of people in Neerim South described themselves as having no religion in the 2021 Census.
A closer look at the Census
Questions people ask about Neerim South
Open any question for a plain-English reading of the public 2021 Census for Neerim South VIC 3831.
Is Neerim South family-friendly?Age, family structure and household size describe the community families would be joining.
17.9% of Neerim South's residents were children under 15 in the 2021 Census. That is almost exactly typical for Rest of Vic..
430 family households lived in Neerim South; 40.9% were couple families and 10.5% were one-parent families.
31.4% of local families included children under 15. That is somewhat below the Rest of Vic. average.
These are suburb-wide household figures, not school or childcare ratings.
What is the age profile of Neerim South?The balance between younger adults, families and older residents changes how a suburb feels day to day.
Neerim South had 1,599 residents at the 2021 Census.
19.9% of residents were aged 25 to 44.
41.3% were 55 or older. That is somewhat above the Rest of Vic. average.
Age shares use the suburb’s total Census population.
What kind of homes are in Neerim South?The dwelling mix shows whether the suburb is mostly detached homes, townhouses or apartments.
Separate houses made up 96.8% of occupied private dwellings in Neerim South.
Townhouses and other attached homes represented 1.8% of occupied private dwellings.
Flats and apartments accounted for 2.1% of occupied private dwellings.
All three shares use occupied private dwellings as the denominator.
Do people own or rent in Neerim South?Tenure shows how many households own outright, have a mortgage or rent.
48.5% of households with a stated tenure owned their home outright. That is well above the Rest of Vic. average.
39.6% were buying their home with a mortgage.
11.9% rented their home. That is about half the Rest of Vic. rate.
Tenure shares include households that stated one of these three arrangements.
How large are households in Neerim South?Household-size data shows the mix behind the suburb-wide average.
The average household in Neerim South had 2.5 people.
One-person households made up 23.9% of occupied homes. That is somewhat below the Rest of Vic. average.
Two-person households represented 39.5%, while 22.8% had four or more usual residents.
Household size counts usual residents in occupied homes.
How do people get to work in Neerim South?Census-day travel shows the balance between home, road, public transport and active travel.
17.9% of workers worked from home on Census day. That is somewhat above the Rest of Vic. average.
60.2% drove a car as their only travel method. That is close to the Rest of Vic. average.
0.4% used only a train, tram or bus, while 3.5% walked or cycled.
Travel figures are a 2021 Census-day snapshot.
How many cars do households have in Neerim South?Vehicle availability helps describe the routines local households can support.
1.1% of occupied households had no motor vehicle available. That is about half the Rest of Vic. rate.
One-car households formed 25.5% of the total.
74.1% of households had two or more vehicles.
Vehicle counts refer to occupied households, not individual residents.
Who's moving to Neerim South, and who stays?Address history shows how settled or recently mobile residents were at the Census date.
59.1% were at the same address five years earlier, while 40.9% reported a different address.
10.3% of residents were born outside Australia. That is close to the Rest of Vic. average.
Mobility figures cover residents who answered the relevant Census question.
What languages are spoken in Neerim South?Language at home gives a direct view of the community’s everyday linguistic mix.
89.4% of residents used only English at home.
2.3% used a language other than English at home.
0.2% spoke Mandarin at home, 0.0% spoke Cantonese and 0.0% spoke Hindi.
Home language is separate from English proficiency.
Where were Neerim South residents born?Birthplace adds another layer to the local story, separate from ancestry and language.
10.3% of Neerim South's population was born outside Australia, while roughly 89.7% was born in Australia.
0.0% of residents were born in China.
0.0% were born in India, while Australian citizenship across the whole suburb stood at 88.4%.
Birthplace, citizenship and ancestry describe different parts of identity.
What ancestries shape Neerim South?Ancestry responses show how residents describe family and cultural background.
English ancestry accounted for 43.7% of ancestry responses in Neerim South.
Australian ancestry made up 42.2% of responses.
Chinese ancestry represented 0.4% of responses.
People may nominate more than one ancestry, so these are shares of responses.
What work do people do in Neerim South?Occupation describes a person’s role; industry describes the sector employing them.
15.6% of employed residents worked in professional occupations. That is somewhat below the Rest of Vic. average.
Managers accounted for 17.8% of employed residents, while clerical and administrative workers made up 12.7%.
Health care and social assistance employed 11.5% of workers, and education and training employed 9.8%.
Occupation and industry figures describe employed residents of the suburb.
How active is the workforce in Neerim South?Participation, employment pattern and unemployment describe the resident labour force.
The labour-force participation rate was 54.4%, compared with 57.4% across Rest of Vic..
28.6% of residents aged 15 and over worked full time, while 19.3% worked part time.
Unemployment was 4.7%, compared with 4.1% across Rest of Vic..
Labour-force figures come from the 2021 Census.
What does the health profile of Neerim South show?Selected long-term health conditions help describe community service needs.
50.2% reported no selected long-term health condition.
10.2% reported a long-term mental health condition, including depression or anxiety.
8.2% reported asthma, 13.4% arthritis and 5.1% diabetes excluding gestational diabetes.
These are self-reported suburb-wide Census figures, not address-level health risks.
How educated is Neerim South?Qualifications describe the study pathways represented among local residents.
16.3% of people in the qualifications table held a bachelor degree. That is somewhat below the Rest of Vic. average.
Postgraduate degrees accounted for 3.7% of qualification responses.
Diploma-level qualifications represented 17.8%, while certificate-level qualifications represented 41.0%.
Qualification categories are reported separately and are not school ratings.
What do incomes and housing costs look like in Neerim South?Census income and household payments give historical context for local living costs.
Median household income was $1,359 per week in the 2021 Census.
The median monthly mortgage repayment reported by local households was $1,549.
Occupied renting households reported a median rent of $260 per week.
These household figures are from 2021; current sale and asking-rent medians appear in the market section.
How does Neerim South compare with Rest of Vic.?A few clear differences place the suburb in its wider metropolitan context.
Working from home was 17.9% in Neerim South, compared with 15.1% across Rest of Vic..
Outright ownership was 48.5% locally and 40.9% across Rest of Vic.. That is well above the Rest of Vic. average.
Renting accounted for 11.9% in Neerim South, against 24.5% across Rest of Vic..
Capital-region comparisons use the same Census definitions and year.
Three useful questions
A buyer’s quick guide to Neerim South
Is Neerim South expensive?
The median house price is $645,000, while units and apartments sit at $380,000. Bedroom count, land and condition still create a wide range around those suburb medians.
Is Neerim South good for families?
The Census counted 430 local families, and 17.9% of residents were under 15. That describes the community; school quality, travel times and the right fit for a particular family need separate research.
What can I get for $1.5m in Neerim South?
Larger houses have a median around $1,290,000, the closest bedroom benchmark we hold to a $1.5m budget. Individual homes can differ substantially with block size, renovation and location.
Medians describe recorded market activity across the suburb; they are historical context, not a valuation or forecast for an individual home.
Explore the area
Streets and suburbs around Neerim South
59 streets in Neerim South
Street-by-street reports are not published yet. The streets below are the ones this suburb covers.
- Addison St
- Barr Rd
- Beck Rd
- Becky Ln
- Bella Ct
- Benjamin St
- Birdsong
- Blossom Retreat
- Burtonwood Ct
- Caldwell Rd
- Charlotte
- Cowan Ct
- Cowden Rd
- Currawong Cl
- Delzoppo
- Eton Ct
- Fraser Spur Rd
- Greta Ct
Show all 59 streetsShow fewer streets
- Ingleman Rd
- Jacksons Trk
- Jindivick-Neerim South Rd
- Kelliher Rd
- Kenneth Ct
- Kookaburra Gr
- Latrobe River Rd
- Le Page Rd
- Mackintosh Rd
- Main Neerim Rd
- Mapleson Rd
- Mcdougal Rd
- Megan St
- Moyes Ct
- Neerim East Road
- Peters
- Queen St
- Railway Parade
- Railway Rd
- Red Hill Ct
- Rosella Ct
- Sawyer Rd
- Sheffield Rd
- Shirley Rd
- Station St
- Stephens Ct
- Stonehenge Ln
- Swaffield Lane
- Swaffield Rd
- Tarago Reservoir Rd
- Taraview Ct
- Town Rd
- Townsend St
- Vineyard Ct
- Von Mueller Dr
- Wagner Rd
- Wattle Ln
- Whistle Place
- Whitelaw Trk
- Whytes Pl
- Zoe Ct
12 suburbs surrounding Neerim South
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Read the thinking
Figures update as new market and census data arrives. This suburb overview is general information, not a valuation or financial advice.