$260 ▲ +48.6%
Lower than 57% of suburb / locality areas.
- 2011: $175
- 2016: $200
- 2021: $260
Median weekly rent paid by households renting their home.
Neerim South · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
More people own their homes outright in Neerim South than in most similar areas. This is a place of large, detached houses where nearly half of all homes are owned fully without a mortgage. It is a low-density area with very few renters and a high proportion of spacious family homes.
All suburb / locality areas, 2021. The marker is Neerim South — lower than 57% of areas.
Rents, mortgages and crowding.
Typical weekly rents are well below the national figure at $260. Monthly mortgage payments are also a little below the Victorian typical of $1,859, sitting at $1,549.
$260 ▲ +48.6%
Lower than 57% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$1,549 ▼ -0.6%
Lower than 55% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
Neerim South splits fairly evenly between $200–$349 (37%) and Under $200 (32%), with $350–$549 at 22%.
In Neerim South, the largest group is $1,000–$1,799 at 44%, followed by Under $1,000 (25%) and $1,800–$2,999 (24%).
How homes are owned or rented.
Home ownership is very strong here, with 47.4% of homes owned outright, which is far above the national figure of 31.0%. Only 11.7% of households rent, a figure far below both the state and national averages.
11.7% ▼ -29.7%
Lower than 67% of suburb / locality areas.
Share of occupied private dwellings that are rented.
47.4% ▲ +17.4%
Higher than 69% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Neerim South, the largest group is Owned outright at 47%, followed by Owned with a mortgage (39%) and Rented (12%).
Houses, townhouses, apartments and bedrooms.
Separate houses make up 95.9% of all homes, which is far above the Australian average. These homes are generally large, with 81.8% having three or more bedrooms, though there are fewer people per bedroom than in most other areas.
0.70 ▼ -36.4%
Lower than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
95.9% ▲ +2.8%
Lower than 52% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
81.8% ▲ +0.1%
Higher than 56% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Neerim South, Separate house is the majority at 96%; Flat or apartment is next at 2%.
Neerim South splits fairly evenly between 3 bedrooms (39%) and 4 bedrooms (36%), with 2 bedrooms at 15%.
Australian Bureau of Statistics. (2021). Housing & Dwellings in Neerim South [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21911/neerim-south/topic/housing-dwellings