AREA REPORTS

San Remo

Suburb Profile

San Remo - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2262

house

Property investors enjoyed capital gains of 10.23% over the last 12 months in SAN REMO, translating to lower returns compared with its peers in NSW.

Figures from the previous quarter show that capital gains for real estate buyers in SAN REMO are low, as opposed to average gains per annum over the past five years.

The suburb posted a 41.49% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $380 based on current median home prices for the suburb.

On average, rents on listings have reached the $380 mark, reflecting a 4.17% increase in returns based on the current median price in SAN REMO.

SAN REMO, 2262 ranks 369th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 310th on the list of best yielding suburbs for rental properties in NSW, posting a 4.17% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $474,000 N/A
GROWTH REPORT
Median Quarterly 0% N/A
Median 12 month 10.23% N/A
Median 3 years 41.49% N/A
Median 5 years 83.99% N/A
10 years average annual 7.4% N/A
Weekly media advert. rent $380 N/A
Time on Market 63.3 days N/A
Gross Rental Yield Percent 4.17% N/A
demographics (median values)
Total Population
4011
Weekly Household Income
786.7
Household Size
2.80
demographics
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