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San Remo, VIC 3925

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental Market

Median House

$850,000

market range $775K-$1.1M

Median Unit

$435,000

market range $400K-$475K

Gross Yield

-

1yr Growth (houses)

-5.8%

market range -10.0% to +12.5%

Investment snapshot for San Remo

San Remo has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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San Remo market and investor summary

San Remo (VIC 3925) runs a median house price of $850K. House prices have moved -5.8% over the past year and -14.3% over three years. At 0.8% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 0.8% and a resident base that is not shrinking. Houses also take time to sell, around 99 days on market, so plan for a slower exit if you ever need one.

Living in San Remo: people, income and schools

San Remo is home to around 1,700 people, and the area has been growing steadily, up about 14% over five years. The median age is 52, an older, established demographic, and 74% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

Households here earn a median of about $70,000 a year, or roughly $1,340 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (6 out of 10). At current prices a median house runs to a steep 12.2 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 27% over five years, which tends to underpin what local buyers can pay.

There are 3 schools within about 5km, testing a little above the national school average on ICSEA. It is fairly car-dependent; the suburb scores 19 for walkability and 6 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.

Population
1,700
+14% over 5yr
Median age
52 years
Median household income
$70,000/yr
Households renting
23%
Family households
67%
Socio-economic rank
6/10
ABS advantage index
Schools within 5km
3
avg ICSEA 1039
Unemployment
3.2%
Walk score
19/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in San Remo

No properties currently listed in San Remo

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Frequently asked questions about San Remo

What should I check before investing in San Remo?

San Remo has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (0.8% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in San Remo?

The median property price in San Remo, VIC 3925 is $850K for houses and $435K for units.

What does recent house price growth show for San Remo?

House prices in San Remo are down 5.8% over the past year and down 14.3% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in San Remo?

The current vacancy rate in San Remo is 0.8%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in San Remo?

San Remo has a population of approximately 1,700 residents, with a median age of 52.

What schools are near San Remo?

There are 3 schools within roughly 5km of San Remo. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is San Remo affordable to buy in?

A median house in San Remo costs about 12.2 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is San Remo's population growing?

The population of San Remo has grown about 14% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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