Located in Victoria within the Baw Baw local government area, Neerim Junction is a sparsely populated locality (postcode 3832). With a population of 139, the suburb has a mature demographic with a median age of 53. Households earn a median income of $68K per year, with an average household size of 2.2 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +1.6% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are managers, technicians & trades, labourers. Employment in the area leans toward agriculture and construction. The top ancestries reported are English, Australian, Scottish.
The current median weekly rent is $525. The median monthly mortgage repayment is $1,539.
The crime rate in the Baw Baw LGA is higher than average at 8,229 incidents per 100,000 population.
Looking at the investment signals, Population growth of +1.6% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.