Investment property in San Remo has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.74%
A 9.96% growth in median value for property investors in San Remo,3925 puts this suburb at number 598th in terms of best performing suburbs in VIC
Sellers are offering property buyers an average discount of -7.90% to buyers in San Remo at the moment, which is less than average for the rest of VIC.
VIC has seen average median house prices change by 3.11% which means that San Remo, 3925 has done well for property investors by showing a capital gain of -0.78% over the last year
Across a shorter period, San Remo, 3925 has seen a median price increase of 0.79% over the last quarter.
Using the current median advertised rental of $320 and the average annual increase in value of a median property of 5.64%, investors should hope to achieve an overall return of 4.36%