2230 Main Neerim Road, Neerim South, VIC 3831 | Property Value & History | OnTheHouse
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2230 Main Neerim Road
Neerim South VIC 3831

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1000000m2
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Last updated 3 Aug 2026
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Property Details for 2230 Main Neerim Rd, Neerim South

2230 Main Neerim Rd, Neerim South is a 0 bedroom, 0 bathroom House. The property has a land size of 1000000m2.

Building Type
House
Land Size
1000000m2
Local Government
Baw Baw
Lot/Plan
1/PS921728

Last Listing description (July 2026)

LAWD is pleased to present for sale Hillcrest Farm, a premium dairy / livestock grazing opportunity, benefitted by a secure income stream located within the highly sought West Gippsland region.

KEY INVESTMENT HIGHLIGHTS:


Comprising 100* hectares across three Certificate of Title, offered for sale in-one-line or any combination of assets. The three titles are outlined in detail below:

Title 1 2230 Main Neerim Road, Neerim South (Grazing Land)
93.72* hectares of productive agricultural land offering scale, operational flexibility and long term land value security.
A diverse mix of highly fertile red, grey, and alluvial soils, supporting strong pasture growth and a wide range of agricultural uses.
Highly reliable annual rainfall (1,000* millimetres).
Fully renovated and fertilised pastures divided into 28 well designed paddocks, featuring stockproof and electric fencing, all efficiently connected via an internal laneway system to streamline stock movement and management.
Undulating to gently rolling topography enhanced by extensive shelter belts, providing natural protection and operational versatility.
Multiple hydrants service the property, with nutrient rich effluent supplied from the adjoining dairy (Title 2), supporting sustainable pasture productivity.
Connected to town water and supported by a reticulated system delivering water to all paddocks, complemented by a permanent spring and extensive frontage to Red Hill Creek, ensuring reliable year round water availability.

Title 2 2236 Main Neerim Road, Neerim South (Cheese Factory, Dairy & Managers Residence)
Situated on a total land area of 4.04* hectares.
Leased to renowned cheese manufacturer Moondarra Cheese Pty Ltd.
Current rental of $150,000 plus GST per annum, with options until November 2031.
Cheese Factory: Manufacturing facility comprising three main areas, including office space, amenities, a lunchroom, and administration. The main factory includes multiple preparation and storage areas, all biologically sealed, with a high level of separation between zones, hand-wash stations and pressurised climate control ensuring all products are kept up to standard (1,120* square metres). Additional information in relation to the lease agreement is available upon request.
Dairy: 40-unit rotary milking platform with stainless steel vats and a combination of DeLaval and Westfalia milking equipment. Three feed silos and a steel fenced contract yard with crush adjoins the dairy (240* square metres).
Managers Residence: Three-bedrooms, two-bathrooms including ensuite. Kitchen comprises a laminate bench top with timber cupboards, gas hotplate and wall over. Wrap around veranda and outdoor entertaining areas.

Title 3 2176 Main Neerim Road, Neerim South (Main Residence)
Situated on a total land area of 1.74* hectares.
Circa 2006 sandstone residence with a total building area of 347* square metres.
Consisting of five-bedrooms, three-bathrooms, an office, living, dining and central entertainment areas, surrounded by manicured and landscape gardens.
Reverse cycle heating and cooling in addition to a wood fired heating system and a solar hot water system.
Connected to town water in addition to two x 20,000 litre rainwater storage tanks.
135* square metre fully enclosed and insulated shed / workshop.
Outstanding views of the Tarago Reservoir, Baw Baw Ranges and Strazlecki Ranges.

Situated two* kilometres out of the Neerim South township, the property is easily accessible to major town centres in Warragul and Drouin, in addition to a 90* minute drive to Melbourne.

The property is being offered for sale by Private Treaty (in-one-line or any combination of assets).

*approximately

Property History for 2230 Main Neerim Rd, Neerim South, VIC 3831

A timeline of how this property has performed in the market
  • 03 Jun 2026
    Listed for Sale For Sale as a whole or any combination of blocks
  • 31 Oct 2025
    Listed for Sale $6,400,000 - $6,800,000
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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 1,000 properties. Over the last 5 years, Houses in Neerim South have seen a 7.75% increase in median value, while Units have seen a 27.95% increase. As at 31 July 2026:

  • The median value for Houses in Neerim South is $715,016 while the median value for Units is $496,018.
  • Houses have a median rent of $473.
There are currently 18 properties listed for sale, and 1 property listed for rent in Neerim south on OnTheHouse. According to Cotality's data, 46 properties were sold in the past 12 months in Neerim south.

Suburb Insights for Neerim South 3831

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.