Suburb Profile Report for San Remo VIC (3925)

San Remo House: Median price $506,000, Annual capital growth 3.91%, Number of sales 33, Weekly median advertised rent N/A

San Remo Unit: Median price $345,000, Annual capital growth -0.87%, Number of sales 11, Weekly median advertised rent $330

  • 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 10.00%

The five-year average increase in median property values for San Remo,3925 has given property investors a potential capital gain of 28.10% across each of those five years.

San Remo3925 is located in VIC which offers an average discount of -5.26% to property investors. San Remo itself is showing figures that indicate -4.72% is the average achievable by property buyers investing in the suburb.

VIC has seen average median house prices change by 5.66% which means that San Remo, 3925 has done well for property investors by showing a capital gain of -8.97% over the last year

Advertised rents are around the $330 mark per week – giving a return of 4.97% based on the median price in Suburb

Metrics i HOUSE UNIT
$506,000 $345,000
2.74% N/A
10.00% -8.97%
3.91% -0.87%
N/A $330
33 11
N/A 4.97%
93.25 N/A

Source: CoreLogic

DSR Score for property investment : Above 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
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