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Fawkner vs San Remo

Property investment comparison - Fawkner, VIC 3060 vs San Remo, VIC 3925

Head-to-head across core investment metrics: Fawkner wins 1, San Remo wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricFawknerSan Remo
Median house price$850K$850K
Median unit price$650K$435K
Gross rental yield (houses)3.60%-
Gross rental yield (units)--
1-year house growth+6.8%estimate-5.8%
3-year house growth--14.3%
Vacancy rate1.0%0.8%
Population14,2741,700

Fawkner vs San Remo: what the numbers say

Houses cost about the same in both suburbs: the median house price is $850K in Fawkner and $850K in San Remo.

For units, Fawkner sits at a median of $650K against $435K in San Remo, which makes San Remo the more affordable unit market and Fawkner the pricier one.

Over the past year house prices moved +6.8% in Fawkner (an estimate) and -5.8% in San Remo, so recent momentum favours Fawkner, while San Remo went backwards.

Rental vacancy is 0.8% in San Remo and 1.0% in Fawkner, so landlords in San Remo face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Fawkner is the bigger suburb, with a population of 14,274 against 1,700, roughly 8 times the size of San Remo; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Fawkner for recent price momentum, San Remo for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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