San Remo

San Remo, VIC 3925, a suburb with a population of 1,700, shows a slight population growth of 2.6% in the last year. The residents are diverse in age, with a mix of young families, young professionals, and retirees. The suburb offers various commuting options, with a significant number of residents opting to use motor vehicles. Additionally, a notable percentage of residents work from home. The suburb has a decent level of educational advantage for students attending government schools. For houses in San Remo, the suburb has a high sale price IQR ratio, indicating potential opportunities for renovators. The suburb also shows a low vacancy rate, suggesting a stable rental market. Units, on the other hand, have a high rental yield and a low discount median, which could appeal to investors seeking steady rental income. San Remo, VIC 3925 presents a mixed profile for potential residents and investors. With a variety of housing options, from spacious houses to more affordable units, the suburb caters to different preferences. The area's population growth, diverse demographics, and commuting options make it an attractive location for those seeking a laid-back coastal lifestyle. Investors should consider the opportunities presented by the housing market dynamics for both houses and units in the suburb. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022