Suburb Profile Report for San Remo NSW (2262)

San Remo House: Median price $410,000, Annual capital growth 5.50%, Number of sales 123, Weekly median advertised rent $370

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Property investors who have had real estate in San Remo, 2262 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 10.81%

The five-year average increase in median property values for San Remo,2262 has given property investors a potential capital gain of 60.78% across each of those five years.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in San Remo itself are offering an average vendor discount of -3.52% to real estate investors.

At number 380 in a list of fastest selling suburbs, San Remo is in the TOP 10% of suburbs in Australia with an average of days on market 44.71 for properties listed there.

Using the current median advertised rental of $370 and the average annual increase in value of a median property of 5.50%, investors should hope to achieve an overall return of 4.69%

Metrics i HOUSE UNIT
$410,000 N/A
3.80% N/A
10.81% N/A
5.50% N/A
$370 N/A
123 N/A
4.69% N/A
44.71 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 4304
Median household income ($/weekly) 960
Median age of persons 33
Median housing loan repayment ($/monthly) 1560
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 742 17.2
    25-34 years 552 12.8
    35-44 years 610 14.2
    45-54 years 516 12.0
    55-64 years 444 10.3
    Others 1440 33.5
    Age Group
    Census Count Percent(%)
    Not Married 1387 46.2
    Registered Married 1243 41.4
    Defacto Relationship 370 12.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 3657 89.8
    Japan 18 0.4
    Papua New Guinea 72 1.8
    United Kingdom 151 3.7
    Other 48 1.2
    Others 125 3.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 15 0.4
    Christianity 3009 76.4
    Islam 12 0.3
    Other Religious Groups 12 0.3
    No Religion 886 22.5
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 194 15.0
    $600-$799 164 12.7
    $800-$999 139 10.7
    $1,000-$1,249 149 11.5
    $1,500-$1,999 167 12.9
    Others 483 37.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1240 40.4
    Employed, worked full-time 1007 32.8
    Employed, worked part-time 533 17.4
    Unemployed, looking for work 178 5.8
    Employed, away from work 110 3.6
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 254 15.4
    Community & personal service workers 242 14.7
    Clerical & administrative workers 204 12.4
    Sales 202 12.2
    Labourers 253 15.3
    Others 494 30.0
    Occupation
    Census Count Percent(%)
    Pre-school 97 8.7
    Infants/Primary 455 40.9
    Secondary 359 32.3
    Technical or Further Educational Institution 115 10.3
    University or other Tertiary Institutions 65 5.8
    Others 21 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4038 98.7
    Semi-detached, row or terrace house, townhouse 51 1.2
    House or flat attached to a shop, office 3 0.1
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 601 42.1
    Rented 429 30.1
    Fully owned 392 27.5
    Other tenure type 4 0.3
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals