31 Wagner Road, Neerim South, VIC 3831 | Property Value & History | OnTheHouse
OFF MARKET

31 Wagner Road
Neerim South VIC 3831

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 221m2
Land area: 132737m2
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Property Details for 31 Wagner Rd, Neerim South

Building Type
Land
Year Built
1970
Floor Size
221m2
Land Size
132737m2
Local Government
Baw Baw
Lot/Plan
1/PS742363

Last Listing description (May 2025)

Nestled in the picturesque countryside of Neerim South, this prime development site offers a unique opportunity for investors and developers looking to create a vibrant community. Comprising a strategically designed 15-lot subdivision and an additional superlot, this property combines natural beauty with accessibility, making it a perfect choice for residential development.

Location

Situated in the scenic Gippsland region, Neerim South provides a tranquil lifestyle with the conveniences of urban living. The site enjoys proximity to essential amenities, including schools, parks, shopping facilities, and public transportation. Its strategic location allows for easy access to major roads, facilitating a smooth commute to neighboring towns and cities.

+ Positioned right in the heart of Nerrim South
+ Positioned 19 kms approx from Warragul township
+ Positioned 19 Kms approx from Drouin township

Site Features

Total Area: 33 Acres approx
Lot Sizes: Approved lots Ranging from 4000 m2 - 8200 m2 approx, allowing for diverse housing options to appeal to various demographics.
Superlot: 5.046 Ha approx.superlot available for potential future development.

Zoning: Low Density Residential Zoning (LDRZ)-suitable for residential development.

Development Potential
This 15-lot subdivision presents a fantastic opportunity for the creation of modern family homes. The design allows for a cohesive community feel while promoting individuality among the lots. Potential buyers will benefit from features such as:

Market Demand
Neerim South has been experiencing steady population growth, driven by families seeking a peaceful yet connected living environment. The demand for residential lots in this area is robust, supported by its access to excellent schooling, recreational facilities, and the beautiful natural landscape that defines the region.

Investment Highlights

Established infrastructure and services nearby.
Strong local housing demand due to growth trends.
Potential for high return on investment through strategic planning and development.
A favorable planning framework supporting housing diversity and sustainability.

Conclusion
This development site in Neerim South is an exceptional opportunity for developers looking to capitalize on the growing demand for residential properties in a tranquil yet accessible location. With its inherent natural beauty, strategic location, and potential for innovative housing solutions, this site is primed for a successful development project. Don't miss this chance to shape the future of this charming community!

Contact Us Today: For more information or to arrange a viewing, please contact Pushpinder Singh on 0433 836 421 or Rajwinder Singh 0433 499 044.

DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent. Please see the below link for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 31 Wagner Rd, Neerim South, VIC 3831

A timeline of how this property has performed in the market
  • 08 Apr 2025
    Listed for Sale Contact Agent
  • 26 Apr 2014
    Listed for Sale $1.2 Million
  • 23 Mar 2013
    Listed for Sale BUYERS OVER $980,000
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About Neerim South 3831

The size of Neerim South is approximately 63.9 square kilometres. It has 9 parks covering nearly 1.3% of 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 1,001 properties. Over the last 5 years, Houses in Neerim South have seen a 34.72% increase in median value, while Units have seen a 7.79% increase. As at 30 November 2025:

  • The median value for Houses in Neerim South is $678,170 while the median value for Units is $449,736.
  • Houses have a median rent of $495.
There are currently 34 properties listed for sale, and no properties listed for rent in Neerim south on OnTheHouse. According to Cotality's data, 40 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.