Giving property investors a a stable capital gain of 8.57% for the last year, San Remo, 3925 is the 1602th highest performer in Australia in this respect.
Over the longer term, San Remo has seen property prices show investors a 23.88% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in San Remo should be aiming for at least -5.38% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $330 mark per week – giving a return of 3.55% based on the median price in Suburb
San Remo is in the bottom 10% in VIC when comparing median price capital growth over the last year. San Remo gave property investors a dismal capital gain figure when compared to the rest of the state, with -9.95%.