At number 1657th in the list of Australian suburbs ordered by increase in median house value over the last year, San Remo, 2262 is in the top 40% with a property value increase of 8.32% recorded in median house prices.
If we look at median property appreciation over just the last three months, San Remo has given property investors a paper return of 0.74%. This puts Suburb as 1042 on a list of fastest fasting appreciating suburbs in NSW
Sellers are offering property buyers an average discount of -3.91% to buyers in San Remo at the moment, which is less than average for the rest of NSW.
With the median price for a house in San Remo being $410000 and the advertised rent reaching $370 the gross rental yield for property investors calculates out to be 4.69%