$288 —
Higher than 55% of urban centre areas.
- 2016: $160
- 2021: $288
Median weekly rent paid by households renting their home.
Neerim South · Urban Centre
Housing & Dwellings in Neerim South
Where and how people live — the homes, how they are held, and what they cost.
Far more people own their homes outright in Neerim South than in the rest of the state. This is a residential area where 94.2% of dwellings are separate houses, and a high 83.5% of homes have three or more bedrooms.
$288
—
- $0–$21: 2 areas
- $21–$43: 6 areas
- $43–$64: 18 areas
- $64–$86: 38 areas
- $86–$107: 35 areas
- $107–$129: 46 areas
- $129–$150: 25 areas
- $150–$171: 104 areas
- $171–$193: 82 areas
- $193–$214: 143 areas
- $214–$236: 130 areas
- $236–$257: 175 areas
- $257–$279: 114 areas
- $279–$300: 125 areas
- $300–$321: 194 areas
- $321–$343: 101 areas
- $343–$364: 128 areas
- $364–$386: 82 areas
- $386–$407: 92 areas
- $407–$429: 41 areas
- $429–$450: 24 areas
- $450–$471: 32 areas
- $471–$493: 13 areas
- $493–$514: 19 areas
- $514–$536: 14 areas
- $536–$557: 9 areas
- $557–$579: 6 areas
- $579–$600: 15 areas
All urban centre areas, 2021. The marker is Neerim South — higher than 55% of areas.
Housing costs
Rents, mortgages and crowding.
Typical weekly rent has risen to $288, though this remains well below the national figure. Home loan payments are higher than in most similar areas, with the typical monthly payment sitting at $1,515.
$1,515 ▲ +0.4%
Higher than 63% of urban centre areas.
- 2011: $1,509
- 2016: $867
- 2021: $1,515
Median monthly mortgage repayment for households with a mortgage.
Weekly rent distribution
View on map →Neerim South splits fairly evenly between Under $200 (36%) and $200–$349 (36%), with $350–$549 at 22%.
Monthly mortgage distribution
View on map →In Neerim South, the largest group is $1,000–$1,799 at 49%, followed by Under $1,000 (23%) and $1,800–$2,999 (21%).
Owning & renting
How homes are owned or rented.
Home ownership is strong here, with 44.9% of homes owned outright, which is far above the Victorian average. Meanwhile, only 12.3% of households rent, a figure far below both the state and national levels.
12.3% ▼ -41.8%
Lower than 80% of urban centre areas.
- 2011: 21.1%
- 2016: 25.4%
- 2021: 12.3%
Share of occupied private dwellings that are rented.
44.9% ▼ -18.8%
Higher than 68% of urban centre areas.
- 2011: 55.2%
- 2016: 49.9%
- 2021: 44.9%
Share of occupied private dwellings owned outright (no mortgage).
How homes are owned or rented
View on map →In Neerim South, the largest group is Owned outright at 45%, followed by Owned with a mortgage (40%) and Rented (12%).
Types of homes
Houses, townhouses, apartments and bedrooms.
The area is dominated by large family homes, as 83.5% of dwellings have three or more bedrooms. Separate houses make up 94.2% of the market, which is far above the national figure of 72.3%.
0.80 ▼ -20.0%
Higher than 57% of urban centre areas.
- 2011: 1.00
- 2016: 0.70
- 2021: 0.80
Average number of usual residents per bedroom — a crowding measure.
94.2% ▲ +5.2%
Higher than 54% of urban centre areas.
- 2011: 89.6%
- 2016: 92.0%
- 2021: 94.2%
Share of occupied private dwellings that are separate houses.
83.5% ▲ +5.4%
Higher than 71% of urban centre areas.
- 2011: 79.2%
- 2016: 74.1%
- 2021: 83.5%
Share of occupied private dwellings with three or more bedrooms.
Types of homes
View on map →In Neerim South, Separate house is the majority at 94%; Flat or apartment is next at 3%.
Bedrooms per home
View on map →In Neerim South, the largest group is 3 bedrooms at 41%, followed by 4 bedrooms (35%) and 2 bedrooms (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/ucl/UCL215063/neerim-south/topic/housing-dwellings