All About Neerim East, Baw Baw, VIC, 3831
The housing market in Neerim East, Baw Baw, VIC, offers a unique blend of rural charm and growing development opportunities. Being a relatively small and serene locality, Neerim East attracts those looking to escape the hustle and bustle of city life, while still maintaining reasonable proximity to essential amenities. The area showcases a mix of housing styles, predominantly featuring spacious single-family homes and farms set against the lush backdrop of Victoria’s beautiful countryside. Over recent years, the market has seen steady interest, driven by both local buyers and individuals from the metropolitan areas seeking a more tranquil lifestyle. With the continued development in the broader Baw Baw Shire region, there’s potential for further growth in the property market, making it an appealing area for both homeowners and investors.
Living in Neerim East offers a peaceful and community-focused lifestyle. The town is surrounded by stunning natural landscapes, including rolling hills, lush pastures, and numerous walking trails, making it ideal for nature lovers and outdoor enthusiasts. Residents enjoy a slower pace of life, with a strong sense of community and local events that bring everyone together. Essential services and amenities are accessible, with larger towns like Warragul and Drouin nearby for additional shopping, dining, and medical services. The blend of tranquillity and convenience makes Neerim East a desirable place for families, retirees, and anyone longing for a slice of country living without being too far removed from modern conveniences.
Household Makeup
| Median Weekly Rent | $210.00 |
| Median Monthly Mortgage | $1886.00 |
| Median Persons Per bed houseroom | 0.77 |
| Average Household Size | 3.00 |
| Average Age | 46.33 |
| Average Income | $782.33 |
| Average Cars Per Dwelling | 2.78 |
| Average Properties Within 50M | 1 |
| Typical 1 bed house | $573,000 |
| Typical 2 bed house | $1,219,000 |
| Typical 3 bed house | $793,000 |
| Typical 4 bed house | $2,250,000 |
| Typical 5 bed house |
Housing Stock
Local Internet Speeds
Download 25 Mbps / Upload 5 Mbps
Neerim East Real Estate Market Outlook
Thinking about buying in Neerim East? Now could not be a better time, with just 125 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,057,000 with prices in this suburb ranging from $483,000 to $3,219,000. The aproximate distance to the coast is 49 Km.
Consistent high demand relative to supply is a key feature in Neerim East driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Neerim East due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Neerim East provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Neerim East to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Neerim East the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property ValuationHouses for sale Neerim East
|
155 Mccullough Road, Neerim East, VIC, 3831 |  4 |
 1 |
 1 |
$650,000 - $690,000 |
Local Schools
None within suburb boundary
(While the above schools are located with the suburb of Neerim East there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Neerim East weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 2.2 | 8.4 | 17.2 | 46.2 | 89.2 | 4.0 | 23.5 |
| Feb | 3.9 | 8.4 | 16.7 | 51.1 | 92.0 | 3.3 | 19.7 |
| Mar | 4.1 | 6.2 | 13.5 | 62.2 | 94.8 | 3.2 | 15.6 |
| Apr | 4.8 | 3.9 | 9.8 | 68.1 | 95.4 | 3.7 | 11.8 |
| May | 4.6 | 1.2 | 5.9 | 70.7 | 95.0 | 4.0 | 8.4 |
| Jun | 4.9 | -0.9 | 3.2 | 75.3 | 97.2 | 3.0 | 7.4 |
| Jul | 7 | -1.6 | 1.9 | 81.4 | 97.1 | 3.3 | 6.9 |
| Aug | 6.4 | -1.9 | 2.5 | 78.5 | 98.4 | 3.7 | 8.9 |
| Sept | 6.8 | -0.2 | 5.9 | 65.4 | 96.2 | 4.2 | 13.5 |
| Oct | 4.7 | 2.4 | 10.2 | 57.2 | 93.4 | 3.9 | 18.5 |
| Nov | 5.3 | 4.1 | 12.3 | 56.2 | 93.9 | 4.0 | 21.7 |
| Dec | 5.0 | 6.4 | 15.0 | 52.7 | 91.9 | 3.9 | 23.8 |
source: Australian Government Bureau of Meteorology
Public Transport
Moe - Greater then 10KM
Garfield - Greater then 10KM
Tynong - Greater then 10KM
Walhalla - Greater then 10KM
Warragul - Greater then 10KM
Longwarry - Greater then 10KM
Trafalgar - Greater then 10KM
Yarragon - Greater then 10KM
Bunyip - Greater then 10KM
Drouin - Greater then 10KM
Nearby Suburbs
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!