NEERIM SOUTH 3831
State: VICPosiProp AI Investment Summary
NEERIM SOUTH (VIC 3831) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.3% and has experienced a 12-month capital growth of Down -7.9%, with a median house buy price of $668,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$540,000
$637,500
$737,500
$668,000
Suburb Market Profile
Last month Neerim South had 1 property available for rent and 16 properties for sale. Median property prices over the last year range from $668,000 for houses to $430,000 for units. If you are looking for an investment property, consider houses in Neerim South rent out for $520 PW with an annual rental yield of 4.3% and units rent for $450 PW with a rental yield of 5.0%. Neerim South has seen an annual compound growth rate of -7.9% for houses and 19.4% for units.
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