At number 796th in the list of Australian suburbs ordered by increase in median house value over the last year, San Remo, 3925 is in the top 20% with a property value increase of 13.30% recorded in median house prices.
The five-year average increase in median property values for San Remo,3925 has given property investors a potential capital gain of 0.06% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that San Remo is offering property investors an average of -5.99. This rate of discount on properties puts Suburb at number 105th in terms of most discounted suburbs in VIC
With the median price for a house in San Remo being $445250 and the advertised rent reaching $340 the gross rental yield for property investors calculates out to be 3.97%