23 Addison Street, Neerim South, VIC 3831 | Property Value & History | OnTheHouse
FOR SALE

23 Addison Street
Neerim South VIC 3831

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 184m2
Land area: 6132m2
Save

Property Details for 23 Addison St, Neerim South

23 Addison St, Neerim South is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2004. The property has a land size of 6132m2 and floor size of 184m2.This Property is currently listed for sale with eXp Realty

Building Type
House
Year Built
2004
Floor Size
184m2
Land Size
6132m2
Local Government
Baw Baw
Lot/Plan
PC363956

Last Listing description (August 2026)

Set on an expansive 6,132m in-town allotment, 23 Addison Street offers a rare combination of custom architectural design, sweeping local views, and genuine space to breatheall within walking distance of the Neerim South town centre.

The Home
Designed by a local architect to capture natural light and frame the surrounding countryside, this residence provides a highly practical floorplan for a growing family. It features four bedrooms, two bathrooms, a dedicated study, and two separate living areas.

The primary suite is privately positioned at one end of the home, complete with a walk-in robe and ensuite. Adjoining this is a quiet living zone and study, creating an ideal parents' retreat or work-from-home space. In a separate wing, bedrooms two, three, and four share access to the main bathroom, providing excellent separation for family living.

Living, Views & Entertaining
The heart of the home is the open-plan kitchen, dining, and main living area, which draws in natural light and scenic views across the township. This central space flows seamlessly out to a large, roofed alfresco deckthe perfect setting for year-round entertaining while taking in the outlook.

Comfort is assured with a wood-fired heater, split-system heating and cooling in both living zones, ceiling fans in all bedrooms, and a ducted vacuum system. Everyday efficiency is supported by a 6.6kW solar panel system with a Tesla battery.

Outdoor Space & Lifestyle
Beyond the double garage, the property caters to a variety of lifestyle pursuits. A barn-style shed incorporates a workshop area and a studio/store space, offering versatility for hobbies or creative projects. The established paddock includes a horse shelter and water trough, making it ideal for those seeking a manageable rural lifestyle without leaving town.

Future Potential
While the property is a ready-made lifestyle haven, its General Residential Zone (Schedule 1) status and existing permit provide excellent long-term flexibility. Whether you are looking for a spacious family home, a strategic land-banking opportunity, or future development potential (STCA), the options here are substantial.

Enjoy the convenience of local schools and amenities right at your doorstep, with Warragul and Drouin's V/Line train services just 15 minutes away.

Disclaimer:
Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify, and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present in this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained in this website.

Property History for 23 Addison St, Neerim South, VIC 3831

A timeline of how this property has performed in the market
  • 11 Jun 2026
    Listed for Sale $1,350,000
Commute Calculator

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 1,004 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 19 properties listed for sale, and 1 property listed for rent in Neerim south on OnTheHouse. According to Cotality's data, 43 properties were sold in the past 12 months in Neerim south.

Suburb Insights for Neerim South 3831

Market Insights
Neerim South Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neerim South Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.