Suburb Profile Report for San Remo VIC (3925)

San Remo House: Median price $452,500, Annual capital growth 4.77%, Number of sales 38, Weekly median advertised rent $340

San Remo Unit: Median price $382,000, Annual capital growth 5.64%, Number of sales 16, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report
  • Unit Report

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%

HOUSE UNIT
$452,500 $382,000
-1.63% 0.79%
7.74% -0.78%
4.77% 5.64%
$340 $320
38 16
3.91% 4.36%
120.53 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 1083
Median household income ($/weekly) 902
Median age of persons 53
Median housing loan repayment ($/monthly) 1192
Average household size 2
  • Census Count Percent(%)
    35-44 years 118 10.9
    45-54 years 144 13.3
    55-64 years 185 17.1
    65-74 years 181 16.7
    75-84 years 120 11.1
    Others 335 30.9
    Age Group
    Census Count Percent(%)
    Registered Married 405 55.0
    Not Married 266 36.1
    Defacto Relationship 66 9.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 815 81.5
    New Zealand 14 1.4
    Papua New Guinea 16 1.6
    United Kingdom 89 8.9
    Other 15 1.5
    Others 51 5.1
    Country of Birth
    Census Count Percent(%)
    Christianity 644 69.5
    No Religion 270 29.2
    Buddhism 12 1.3
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 40 10.5
    $400-$599 56 14.7
    $600-$799 34 8.9
    $800-$999 49 12.8
    $2,500-$2,999 36 9.4
    Others 167 43.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 446 51.1
    Employed, worked full-time 222 25.4
    Employed, worked part-time 159 18.2
    Employed, away from work 31 3.6
    Unemployed, looking for work 15 1.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 54 13.3
    Professionals 81 20.0
    Technicians & trades workers 73 18.0
    Clerical & administrative workers 51 12.6
    Labourers 45 11.1
    Others 101 24.9
    Occupation
    Census Count Percent(%)
    Pre-school 11 8.3
    Infants/Primary 51 38.3
    Secondary 37 27.8
    Technical or Further Educational Institution 10 7.5
    University or other Tertiary Institutions 14 10.5
    Others 10 7.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 795 90.3
    Semi-detached, row or terrace house, townhouse 51 5.8
    Flat, unit or apartment 19 2.2
    House or flat attached to a shop, office 8 0.9
    Caravan, cabin, houseboat 7 0.8
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 218 52.7
    Rented 111 26.8
    Being purchased 85 20.5
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals