51 Wattle LaneNeerim South VIC 3831
Property Details for 51 Wattle Lane, Neerim South
Last Listing description (February 2025)
An opportunity rarely offered in Neerim South, Mambara Gardens is for sale for the first time in over 70 years. Sitting on 2 acres (approx.) Mambara is a rare size of property in the highly sought after town of Neerim South. The north facing property allows for magnificent views over the rolling countryside. Once a raspberry and strawberry farm it was transformed into a garden acclaimed for its clever design and use of rare and beautiful plants and trees.
The original house was updated in the 1980's to include a huge timber lined living area and artist's studio. Currently there are 3 bedrooms, studio (or 4th bedroom), 2 living areas, country kitchen, bathroom with separate toilet, two outside undercover areas, lined tool shed and woodsheds. The property has been vacant for a few years and the garden and the house have seen better days. There is some work required to do to bring it back to its former glory. So please come prepared with a vision of what is possible and you might find this property will reward you with a rural lifestyle that others can only dream about.
Property History for 51 Wattle Lane, Neerim South, VIC 3831
- 30 Nov 2024Sold for $685,000
- 14 Nov 2024Listed for Sale $690,000 - $720,000
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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.
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