Median priceⓘLast 12 months
938kk
↓ -0.3% YoY
Neerim sees very little activity — the figures here cover a small handful of recent deals, with 2 sales at around $938K.
Who lives hereA below-average-income, owner-dominated, older-leaning suburb — deeply settled, with a strong trades and blue-collar workforce.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
14% report Scottish ancestry, but only 0.0% were born in Scotland — the gap is the Australian-born and diaspora Scottish community, invisible in birthplace alone.
A predominantly Australian-born community.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Incomes, employment, and the occupation mix of the people who live here.
A typical household pulls in about 2.2× the typical individual — a multi-earner area.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
No school inside Neerim itself — the closest options around it are shown. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
How settled or transient the community is — and where newcomers came from.
Headline price, rent, yield and time on market for Neerim — choose a property type and size below.
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Eight diagnostic views cutting the data a different way each time — Neerim in blue, peers in colour.
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Every market within reach of Neerim, ranked by distance — each compared against this suburb's Houses · Total segment so divergence reads at a glance.
15 data-driven answers about Neerim's property market — every one computed from the metrics above.
The median house price in Neerim, VIC 3831 is $938k as of June 2026, based on 2 sales recorded over the past 12 months. Houses there have moved −0.3% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
As of June 2026, Neerim medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | $1.17M | $795k | — | $938k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
Neerim's property market trends to June 2026: house prices fell −0.3% year-on-year; sales supply sits at 12.0 months (saturated). Read together — price, rent, selling speed and supply — they show which way the Neerim market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
As of June 2026 in Neerim, house prices fell −0.3% over the year, sales supply is 12.0 months (saturated). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
Neerim's sales market sits at 12.0 months of supply for houses as of June 2026 — classified as Saturated (extreme oversupply) against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose.
House prices in Neerim moved −0.3% over the 12 months to June 2026. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
Neerim's median house price ($938k) is 21% above the VIC median ($773k) as of June 2026.
The most-transacted segment in Neerim over the 12 months to June 2026 is 3 bed houses with 2 sales. 2 bed houses come second at 1 sales. The 'Most popular' panel above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
Neerim recorded 2 house sales and 0 unit sales over the 12 months to June 2026 — a combined 2 transactions. Segments with statistically thin samples are excluded from displayed figures.
Neerim, VIC 3831 is home to 218 residents (ABS Census 2021). The median resident age is 53, and the average household holds 2.5 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
The median household in Neerim earns $1k per week — roughly $73k a year (ABS Census 2021). Median personal income runs $627/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
Neerim is mostly owner-occupied: about 94% of households are owner-occupiers and 10% rent (ABS Census 2021). Of owners, 51% own outright and 43% are paying off a mortgage.
Neerim has 7 schools within reach — including Neerim District Rural Primary School, Neerim South Primary School, Neerim District Secondary College. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Neerim, VIC 3831 has a population of 218, a median age of 53, a median household income around $1k/week, 10% of households renting (ABS Census 2021). There are 7 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
This Neerim market data was last updated June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.
Your first report is on us. Membership unlocks unlimited suburb reports — near real-time prices, rental yield, supply & demand, and five years of history across every market you're weighing up.