Neerim South · Suburb / Locality

Housing & Dwellings in Neerim South

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.

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📍 Neerim South, Suburb / Locality

Where Neerim South sits — Median rent (weekly)

$260 ▲ +48.6%
  • $0–$25: 37 areas
  • $25–$50: 86 areas
  • $50–$75: 199 areas
  • $75–$100: 214 areas
  • $100–$125: 525 areas
  • $125–$150: 343 areas
  • $150–$175: 699 areas
  • $175–$200: 597 areas
  • $200–$225: 1183 areas
  • $225–$250: 724 areas
  • $250–$275: 1277 areas
  • $275–$300: 787 areas
  • $300–$325: 1282 areas
  • $325–$350: 618 areas
  • $350–$375: 935 areas
  • $375–$400: 570 areas
  • $400–$425: 763 areas
  • $425–$450: 288 areas
  • $450–$475: 415 areas
  • $475–$500: 176 areas
  • $500–$525: 204 areas
  • $525–$550: 79 areas
  • $550–$575: 125 areas
  • $575–$600: 70 areas
  • $600–$625: 97 areas
  • $625–$650: 21 areas
  • $650–$675: 54 areas
  • $675–$700: 145 areas

All suburb / locality areas, 2021. The marker is Neerim South — lower than 57% of areas.

Median rent (weekly) compared with the state and national average
Neerim South$260
3831, VIC $250
Victoria $370
Australia $375

Housing costs

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.

  • 2011: $175
  • 2016: $200
  • 2021: $260

Median weekly rent paid by households renting their home.

$1,549 ▼ -0.6%

Lower than 55% of suburb / locality areas.

  • 2011: $1,559
  • 2016: $1,517
  • 2021: $1,549

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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Neerim South splits fairly evenly between $200–$349 (37%) and Under $200 (32%), with $350–$549 at 22%.

Monthly mortgage distribution

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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%).

Owning & renting

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.

  • 2011: 16.6%
  • 2016: 13.0%
  • 2021: 11.7%

Share of occupied private dwellings that are rented.

47.4% ▲ +17.4%

Higher than 69% of suburb / locality areas.

  • 2011: 40.4%
  • 2016: 39.5%
  • 2021: 47.4%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In Neerim South, the largest group is Owned outright at 47%, followed by Owned with a mortgage (39%) and Rented (12%).

Types of homes

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.

  • 2011: 1.10
  • 2016: 0.80
  • 2021: 0.70

Average number of usual residents per bedroom — a crowding measure.

95.9% ▲ +2.8%

Lower than 52% of suburb / locality areas.

  • 2011: 93.3%
  • 2016: 95.9%
  • 2021: 95.9%

Share of occupied private dwellings that are separate houses.

81.8% ▲ +0.1%

Higher than 56% of suburb / locality areas.

  • 2011: 81.7%
  • 2016: 82.1%
  • 2021: 81.8%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Neerim South, Separate house is the majority at 96%; Flat or apartment is next at 2%.

Bedrooms per home

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Neerim South splits fairly evenly between 3 bedrooms (39%) and 4 bedrooms (36%), with 2 bedrooms at 15%.

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Neerim South

Cite this page

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