San Remo

POSTAL CODE: WA, 6210

HOUSE

Property investors have seen a -2.3% drop in SAN REMO based on a decrease in median home prices for the past three months.

Homeowners and real estate investors betting on SAN REMO, 6210 can rest assured about this WA suburb's performance. The suburb saw median home prices rise by 16.44%.

Based on its average 5-year and quarterly capital gains SAN REMO, 6210 saw average growth in the long term.

The WA suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $850,000

Profits averaged 14.33% per annum over a 3-year period, due to an upward trend in home prices in SAN REMO, 6210.

This means, real estate investors could earn a rental income of $650 based on current median home prices for the suburb.

The gross rental yield in SAN REMO, 6210 is 3.98%.

An average of 2.08 real estate transactions take place per month in SAN REMO which translates to 25 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$850,000	N/A
Growth Report
Median Quarterly	-2.3%	N/A
Median 12 month	16.44%	N/A
Median 3 years	43.46%	N/A
Median 5 years	82.31%	N/A
10 years average annual	4.65%	N/A
Weekly media advert. rent	$650	N/A
Time on Market	33.3 days	N/A
Gross Rental Yield Percent	3.98%	N/A

Demographics (Median Values)*

Total Population 68316

Weekly Household Income 1127

Household Size 2.40

Average Age 44

Monthly Loan Repayment 1777

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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