Check another suburbYour suburb, scored · Data as of Oct 2026
Neerim, VIC
R-Score 80 / 100 — ranked #3,210 of 15,286 suburbs this month
Market conditions here are running warmer than most
Most of the demand and supply indicators we track are sitting above the national midpoint this month.
Scores describe measured market conditions — not personal advice, and not a forecast.
Suburb averages hide a lot. Check how your street compares with the rest of Neerim →
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Best Streets in Neerim, VIC
Compare every street in Neerim (VIC) on the Street Score →
Other High-Scoring Suburbs in Baw Baw (VIC)
| Indicator | Neerim Reading | Context & Benchmark |
|---|---|---|
| Ripehouse R-Score | 80 / 100 | Ranked #3,210 of 15,286 Australian suburbs (Oct 2026) |
| Median House Price | $940,000 | +0% over the past 12 months of settled sales |
| Median Weekly Asking Rent | $460/wk | Implies a 2.6% gross rental yield at the current median price |
| Rental Vacancy Rate | 11.1% | Above the 1.5% tight-supply threshold |
| Median Days on Market | 12 days | Part of Baw Baw (VIC) council area (LGA avg R-Score 75/100) |
Buyer's Agent & Quantitative Due Diligence
Considering buying an investment property in Neerim, VIC?
Since 2011, Ripehouse Advisory has helped Australian investors screen 15,000 suburbs and 518,000+ streets to avoid high-public-housing blocks, flood/overlay traps, and underperforming pockets. Speak with our team before you make an offer.
Neerim VIC FAQs
Frequently Asked Questions: Investing in Neerim, VIC
Is Neerim VIC a good suburb for property investment in 2026?
As of Oct 2026, Neerim (VIC 3831) scores 80/100 on the Ripehouse R-Score, ranking #3,210 out of 15,286 Australian suburbs. Market conditions here are running warmer than most. Key fundamentals include a median price of $940,000, median rent of $460/wk, gross yield of 2.6%, and vacancy of 11.1%.
What is the median house price and 12-month growth in Neerim VIC?
The current median property price in Neerim (VIC) is $940,000 (Oct 2026), representing a 0% change over the past 12 months. Properties in Neerim currently spend a median of 12 days on market.
What is the rental yield and vacancy rate in Neerim VIC?
In Neerim (VIC), the median weekly asking rent is $460/wk, producing a gross rental yield of 2.6%. The suburb vacancy rate is 11.1% as of Oct 2026.
What are the best streets in Neerim VIC?
Ripehouse Advisory scores every G-NAF street in Neerim against the suburb average for owner-occupancy, public housing, rent, and yield. Use the Neerim Street Score tool on this page to compare individual streets.
Which council area (LGA) is Neerim VIC located in?
Neerim (VIC, postcode 3831) is located in the Baw Baw council area (LGA). Across Baw Baw, the council-wide average R-Score is 75/100 across 83 suburbs.
R-Score and all figures are drawn from Ripehouse's research engine — 15,000 suburbs measured across 27 indicators, refreshed monthly (data as of Oct 2026). Scores describe past and current measured market conditions only. Past performance is not a reliable indicator of future performance. Nothing on this page is personal financial advice.