Suburb Profile Report for San Remo VIC (3925)

San Remo House: Median price $460,000, Annual capital growth 5.36%, Number of sales 45, Weekly median advertised rent $340

San Remo Unit: Median price $379,000, Annual capital growth 1.44%, Number of sales 13, Weekly median advertised rent $305

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

Source: CoreLogic

  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 9.79% for the last year, San Remo, 3925 is the 1075th highest performer in Australia in this respect.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in San Remo has increased when compared to the 5 year average annual rate.

San Remo3925 is located in VIC which offers an average discount of -6.04% to property investors. San Remo itself is showing figures that indicate -7.95% is the average achievable by property buyers investing in the suburb.

At number 3264 in a list of fastest selling suburbs, San Remo is in the bottom 20% of suburbs in Australia with an average of days on market 125.06 for properties listed there.

Situated 87.04km from the CBD, San Remo is one of Bass Coast localities in the postcode 3925.

VIC has seen average median house prices change by 3.63% which means that San Remo, 3925 has done well for property investors by showing a capital gain of -5.84% over the last year

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in San Remo has fallen somewhat when compared to the 5 year average annual rate.

Advertised rents are around the $305 mark per week – giving a return of 4.18% based on the median price in Suburb

HOUSE UNIT
$460,000 $379,000
1.63% -0.39%
9.79% -5.84%
5.36% 1.44%
$340 $305
45 13
3.84% 4.18%
125.06 N/A

Source: CoreLogic

DSR Score for property investment : Below average (H), Balanced (U)
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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