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 4.4% and has experienced a 12-month capital growth of Down -5.3%, 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
$525,000
$640,000
$720,000
$668,000
Suburb Market Profile
Last month Neerim South had 2 properties available for rent and 18 properties for sale. Median sold prices over the last year is $668,000 for houses. If you are looking for an investment property, consider houses in Neerim South rent out for $450 PW with an annual rental yield of 4.4% and units rent for $440 PW with a rental yield of 5.2%. Neerim South has seen an annual compound growth rate of -5.3% for houses.