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VIC › San Remo › Viking Ave

1 Viking Ave, San Remo VIC 3925

For saleHouse

$1,150,000–$1,195,000

For sale

Asking range

3

Bedrooms

2

Bathrooms

3

Car spaces

537 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,150,000–$1,195,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,150,000–$1,195,000(Listing record · 23 Jan 2025)
  • FactLand 537 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in San Remo (last 5 years) with land size: median $1,536/m² of land (n=16). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 63% above the San Remo median recorded sale ($705,500, n=16, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at San Remo's advertised median rent ($459/wk), implied gross yield would be 2.08% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$1,150,000–$1,195,000

Asking range · $2,142/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in San Remo (last 5 years) with land size have a median of $1,536/m² of land (n=16). Districts calculation from recorded sales — not a valuation.

San Remo at a glance

2,967

People

$705,500

Median sale

$459/wk

Median rent

3.38%

Suburb gross yield

Median sale from 16 recorded sales (last 12 months) — a Districts calculation.

See the full San Remo report →

Vs San Remo

+63.0%

Median sale

Suburb $705,500

-1.30 pp

Gross yield

Suburb 3.38%

Suburb median $705,500 from 16 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,150,000
Stamp Duty (Victoria)
$63,250
Transfer/Registration Fee
$2,795
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,219,745

$69,745 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with San Remo's advertised median rent — not a rent for this listing.

Net yield
0.58%
Annual cashflow (pre-tax)
$-53,182
Interest cover (DSCR)
0.11
Annual rent
$23,868
Operating expenses
$17,250
Loan amount
$920,000
Annual interest
$59,800
Gross yield
2.08%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,150,000–$1,195,000available23 Jan 2025
  2. Soldprice unknown4 Dec 2023
  3. Listedprice unknowncompleted19 Nov 2023
  4. Listedprice unknowncompleted19 Nov 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $459/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Nearby

Nearby properties

  • 7 Viking Ave, San Remo VIC 3925
  • 10 Viking Ave, San Remo VIC 3925
  • 21 Viking Ave, San Remo VIC 3925
  • 11 Bergin Grove, San Remo VIC 3925

Area

San Remo in one glance

San Remo at a glance

2,967

People

$705,500

Median sale

$459/wk

Median rent

3.38%

Suburb gross yield

Median sale from 16 recorded sales (last 12 months) — a Districts calculation.

See the full San Remo report →

Keep researching

  • Why San Remo? Read the area thesis →
  • What else is on the market in San Remo →
  • Other records on Viking Ave →

Listing material

Listed by Garth Lisle Property Consultants

Luxurious beachside living

Elevated for spectacular expansive water views across to Cape Woolamai, this bright and beautiful three-bedroom home is positioned ideally to enjoy all aspects of a coastal lifestyle.

Whitewashed engineered timber floors and a crisp white palette set the scene for luxurious beachside living. Clever design ensures ample under stairwell storage and spacious laundry with direct access outdoors at entrance level of the home.

Upstairs is where the seaside escape unfolds. Magnificent open plan living framed by quality double glazed floor to ceiling windows and sliding doors, stepping out to the wrap around balcony with front and centre views across the glistening blue water. The pristine kitchen with stainless steel appliances, crisp and textured tiled splashback, Caesarstone benchtops and abundant pantry, overlooks the dining and living- perfect for entertaining with the ultimate back drop that allows for sunset skyline views over the water. Second living with its' own balcony and separate powder room caters for extra family and friends. Three carpeted bedrooms with ceiling fans and built in robes, the master with a spacious ensuite and walk in robe are all within easy access to the modern family bathroom. Split systems and ceiling fans throughout ensure seasonal comfort.

Read the full description

Set on landscaped gardens, complimentary to its surrounds with striking rock and native garden beds and sealed driveway to the large double remote lock up garage with direct access to the home, the property offers a striking, yet welcoming beachside street appeal. The corner site location provides ample off-street parking.

Positioned in the premier Penniwells Estate with dedicated walking track directly to the beautiful Foots Beach and shopping village, with its selection of eateries and shops, the home sits superbly to enjoy all the seaside offerings. With the local supermarket, kindergarten, primary school and new Bass Coast College so close- family life is well catered for. San Remo, set around the iconic fishing jetty and bridge to Phillip Island, is only a 90-minute drive from Melbourne CBD-ideal as a holiday escape, perfect for that enviable sea-change lifestyle.

Garth Lisle Property Consultants welcome your enquiry.

Listing description written by Scott Lethbridge, Garth Lisle Property Consultants — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Floorboards
  • Living Areas: 2
  • Outdoor Entertaining
  • Remote Garage
  • Secure Parking
  • Toilets: 3
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.