San Remo VIC

Postcode 3925 · Bass Coast LGA

San Remo is a small community in Victoria within the Bass Coast local government area (postcode 3925). With a population of 1,700, the suburb has a mature demographic with a median age of 52. Households earn a median income of $70K per year, with an average household size of 2.2 people. The most common occupations are professionals, managers, technicians & trades. The top ancestries reported are English, Australian, Irish.

The median house price in San Remo is $925,000, having dipped slightly 2.9% over the past year. Units have a median price of $515,000 (-6.4% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,800.

San Remo is served by 1 school, including 1 primary. The average ICSEA score is 1037, which is around the national average of 1,000. Public transport access includes 15 bus stops. The crime rate in the Bass Coast LGA is higher than average at 8,622 incidents per 100,000 population.

From an investment perspective, San Remo offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($925K/$875K). The price-to-income ratio of 13.3x is considered stretched. House prices have moved -2.9% year-on-year.

INVESTMENT SIGNALS
Rental Yield2.5% Low Yield
Price vs State$925K/$875K Near Median
Affordability13.3x Stretched
Price Momentum-2.9% Falling
SEIFA INDEX (ABS)
Advantage7/10
Education7/10
Economic5/10
Disadvantage6/10
MEDIAN HOUSE
$925K
-2.9% YoY
MEDIAN UNIT
$515K
-6.4% YoY
MEDIAN RENT /WK
$301
POPULATION
1,700
DEMOGRAPHICS
Median Age52
Household Size2.2
HH Income /wk$1,337
Personal Income /wk$727
Mortgage /mth$1,800
CRIME (Bass Coast LGA)
Crime Rate (per 100k)8,622
Total Incidents3,822
TRANSPORT
Bus Stops15
SCHOOLS (1)
Avg ICSEA1037
Total Students148
Government1
San Remo Primary SchoolPrimary · Government · ICSEA 1037
Data: 2024