Question 1

Is San Remo a nice place to live?

Accepted Answer

San Remo is a relaxed waterside suburb on the Central Coast, set among sheltered estuary and lake channels with a strong boating and fishing character. Streets are mainly residential, with single-family homes and a mix of waterfront properties opening onto calm waterways. Local life centres on outdoor living and water recreation, and there is easy access to the region’s beaches, walkways and larger town centres for shopping and services, while neighbourhood shopping and community facilities are a short drive away.

The suburb is home to 4,434 people with a median age of 34 and a typical household income of $1,375 a week (about $71,500 a year). Families make up the bulk of households, with couple families (35.5% with children and 31.9% without) totalling about two-thirds (67.4%) and one-parent families 30.8%. Homes are mostly owner-occupied (65.4% combined) with 34.6% renters. Recent local upgrades include a major redevelopment of the San Remo BMX/Extreme Sports Park and ongoing road, drainage and foreshore works, so the suburb tends to suit people who prioritise waterside life, outdoor recreation and a quieter coastal setting.

Question 2

Is it expensive to live in San Remo?

Accepted Answer

On these figures, buying a house in San Remo works out to about 12 times a typical local household's annual income at the last Census, which sits well above local incomes for the area.

For renters, the typical house rent of $550 a week is about 40% of a typical local household's weekly income at the last Census, a large share of income. The rent share is the number that matters if you plan to rent, while the price multiple is the key measure for buyers; whether either feels expensive will depend on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is San Remo a good place to invest?

Accepted Answer

House values in San Remo rose 7.8% over the past 12 months, a solid increase in what houses are worth. If capital growth is your priority, that house value movement is the figure that matters.

There isn't enough recent data to report how rents or unit values changed over the same period, so this picture is limited to the house market. Whether that capital growth makes San Remo a suitable investment depends on your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	$858K	N/A
Change in value Past 12 months	7.8%	N/A
Sold Past 3 months	16	N/A
Median days on market Past 12 months	17	N/A
Average rent Past 12 months	$550	N/A
Change in rent Past 12 months	N/A	N/A

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