NEERIM SOUTH, VIC 3831 is a small town with a population of 1599 residents. The suburb has a mix of age groups, with a slightly higher proportion of residents aged 45 to 64 and 65 years or over. The median household income is $1,359 per week, and the median mortgage repayment is $1549 per month. The most common occupations include Managers, Professionals, and Technicians/Tradeworkers. The residents mostly commute using motor vehicles, with a notable proportion working from home. The suburb also has access to public transport such as trains for commuting. For those interested in houses in NEERIM SOUTH, the suburb presents opportunities for renovation due to a high Sale Price IQR ratio. With a market absorption rate above 20%, there is a higher demand leading to potential price growth. The vacancy rate is low at 1.5%, indicating a stable rental market. The suburb has shown a positive median growth trend over 5 years, making it a potentially lucrative investment for property developers or long-term investors. NEERIM SOUTH, VIC 3831 offers a relaxed lifestyle in a close-knit community, ideal for families and retirees. The suburb provides good investment potential for those looking to renovate houses and benefit from potential price appreciation. With a stable rental market and positive growth trends, NEERIM SOUTH is a promising location for property developers and long-term investors. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022