135 Latrobe River RoadNeerim South VIC 3831
Property Details for 135 Latrobe River Rd, Neerim South
Last Listing description (July 2015)
Thinking of a tree change? This is the perfect escape with many extra perks. The Gracefield Estate has two dwellings on a generous and luscious allotment of almost 100 acres.
The primary residence has four bedrooms, two bathrooms and two large living areas. With character charm and modern fixtures and fittings this house amply couples the feeling of style as well as practicality. The kitchen has a long island bench, quality appliances and a practical open plan layout pouring out to a lounge room and accompanying meals area.
The second residence presents a fabulous opportunity for mutual residence if you wish to share the land with friends/family, or you could generate a rental income by renting out the second residence to help offset the cost of living. It is currently being used as a bed and breakfast with regular customers generating a high income. The second residence comprises of two bedrooms, one bathroom and its own kitchen/lounge making it fully self contained.
If you want to escape to the country and live a relaxed country lifestyle with the convenience of only being a short drive from Melbourne, this is your chance.
Call Andy Batt for a private appointment on 0402 421 102
Property History for 135 Latrobe River Rd, Neerim South, VIC 3831
- 01 Mar 2023Sold for $2,700,000
- 04 Jun 2015Sold for $900,000
- 04 Mar 2015Listed for Sale CALL FOR INSPECTION
Recent sales nearby
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About Neerim South 3831
The size of Neerim South is approximately 63.9 square kilometres. There are 9 parks, covering nearly 1.3% of the total area. The population of Neerim South in 2016 was 1305 people. By 2021 the population was 1599 showing a population growth of 22.5% in the area during that time. The predominant age group in Neerim South is 60-69 years. Households in Neerim South are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Neerim South work in a managers occupation.In 2021, 86.20% of the homes in Neerim South were owner-occupied compared with 82.90% in 2016.
Neerim South has 997 properties. Over the last 5 years, Houses in Neerim South have seen a 13.79% increase in median value, while Units have seen a 5.24% increase. As at 31 May 2026:
- The median value for Houses in Neerim South is $742,011 while the median value for Units is $492,504.
- Houses have a median rent of $473.
Suburb Insights for Neerim South 3831
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