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San Remo
AREA REPORTS

San Remo

San Remo - SUBURB PROFILE REPORT
POSTAL CODE: WA, 6210

house

Property investors have seen a -2.26% 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 15.11%.

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 $541,000

Profits averaged 3.85% 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 $467.5 based on current median home prices for the suburb.

The gross rental yield in SAN REMO, 6210 is 4.49%.

An average of 2.83 real estate transactions take place per month in SAN REMO which translates to 34 per annum.

Data report can be found below

San Remo
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $541,000 N/A
GROWTH REPORT
Median Quarterly -2.26% N/A
Median 12 month 15.11% N/A
Median 3 years 11.55% N/A
Median 5 years 8.53% N/A
10 years average annual 1.88% N/A
Weekly media advert. rent $467.5 N/A
Time on Market 38.5 days N/A
Gross Rental Yield Percent 4.49% N/A
demographics (median values)*
Total Population
68316
Weekly Household Income
1127
Household Size
2.40
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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