Is NEERIM SOUTH a good suburb for positive geared property investment in Australia?

NEERIM SOUTH in VIC currently features property rental yields up to 3.8% with a 12-month capital growth value of 0.0%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in NEERIM SOUTH 3831?

The median house price in NEERIM SOUTH 3831 is approximately $720,000 based on the latest tracked market indices.

Investment Spotlight • Australia

NEERIM SOUTH 3831

State: VIC

Updated: 5 August 2026

PosiProp AI Investment Summary

NEERIM SOUTH (VIC 3831) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.8% and has experienced a 12-month capital growth of 0.0%, with a median house buy price of $720,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$540,000

Down -8.4% 4.5% Yield

3 house • buy

$645,000

Down -6.5% 3.6% Yield

4 house • buy

$730,000

Down -11.3% 3.6% Yield

all house • buy

$720,000

0.0% 3.8% Yield

Suburb Market Profile

Last month Neerim South had 2 properties available for rent and 18 properties for sale. Median property prices over the last year range from $720,000 for houses to $430,000 for units. If you are looking for an investment property, consider houses in Neerim South rent out for $500 PW with an annual rental yield of 3.8% and units rent for $450 PW with a rental yield of 4.9%. Neerim South has seen an annual compound growth rate of 0.0% for houses and 19.4% for units.

Loading local listings...