San Remo (postcode 2262) is a compact suburb in New South Wales within the Central Coast (NSW) local government area. The area has roughly 4,434 residents and a blend of families and working-age professionals, with a median age of 34. Households earn a median income of $72K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.7% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, community & personal service, technicians & trades. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in San Remo is $775,000, having climbed sharply by 11.4% over the past year. The current median weekly rent is $620. This gives a gross rental yield of approximately 4.2%. The median monthly mortgage repayment is $1,625.
San Remo is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 911, which is below the national average of 1,000. Public transport access includes 1 rail station, 15 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,557 incidents per 100,000 population.
From an investment perspective, San Remo shows a gross rental yield of approximately 4.2%, rated as moderate yield. Property prices sit below the state median ($775K/$1.5M), which can point to relative value. The price-to-income ratio of 10.8x is considered stretched. House prices have moved +11.4% year-on-year. Population growth of +0.7% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.