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.
VIC › San Remo › Penniwells Dr
4
Bedrooms
2
Bathrooms
6
Car spaces
541 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
No recorded sale price for this property yet.
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.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning 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.
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
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.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
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.
Listing material
Listed by Ray White Phillip IslandThis beautiful two storey home has been positioned to take advantage of the most amazing water views across to the Cape. From both the bottom and top level of the home, it captures the most stunning bay views and picture postcard sunsets. With the Penniwells lake and walking track positioned to the rear, providing a unobstructed view into the future.
Featuring four generous bedrooms, three on the ground floor and the master bedroom upstairs with a large walk in robe and ensuite, and exclusive access to a private balcony. The large kitchen, dining and living area are also situated on the upper level and enjoy the benefit of having amazing views. The modern kitchen includes electric oven and cooktop, dishwasher with the added bonus of a large fridge being included with the property.
On the ground floor, there is a second living space, family bathroom and separate laundry and toilet.
Outdoors you have the choice of the two spacious decks, both with water views, and also a designated area in the rear corner of the yard - perfect for a firepit, surrounded by well presented and low maintenance gardens. At one side of the home there is a handy dog run, and on the other side is generous driveway access providing plenty of room for parking a caravan and or boat, and additional cars. As well as a double garage, with internal access.
Other features include two split system heating and cooling units, ceiling fans, vinyl plank flooring, privacy and block out blinds,, security camera system and led down lights throughout.
All this is situated on a 541sqm approx allotment, with access to the beach via the walking track within only a few minutes walk, and only a couple of minutes drive or a 20 minute stroll into the township of San Remo. An easy commute of approximately 1 hour and 40 minutes via the M1 into Melbourne for those considering a sea change. Ideally suited for either permanent or holiday living, or as an excellent addition to your investment portfolio.
This property for sale in San Remo is proudly presented by Ray White Real Estate Phillip Island.
Listing description written by Bec Anderson, Ray White Phillip Island — reproduced as published, not verified by Districts.
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