San Remo vs Skye

The median house price is $850K in San Remo and $860K in Skye, so San Remo is the cheaper entry point, with Skye houses about 1% dearer.

For units, San Remo sits at a median of $435K against $630K in Skye, which makes San Remo the more affordable unit market and Skye the pricier one.

Over the past year house prices moved -5.8% in San Remo and +8.2% in Skye, so recent momentum favours Skye, while San Remo went backwards.

Looking back three years, San Remo houses are -14.3% and Skye houses +13.2%, so Skye has compounded faster than San Remo over the longer window.

Rental vacancy is 0.8% in San Remo and 1.0% in Skye, 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.

Skye is the bigger suburb, with a population of 8,088 against 1,700, roughly 4.8 times the size of San Remo; a larger suburb usually means a deeper pool of buyers and tenants.

In short: San Remo for a lower purchase price, Skye 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.