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
$1,340,000
Last sold
4 Apr 2024
4
Bedrooms
2
Bathrooms
5
Car spaces
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
$1,340,000
4 Apr 2024 · derived via latest_sale
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.
Vs San Remo
+89.9%
Median sale
Suburb $705,500
-1.60 pp
Gross yield
Suburb 3.38%
Suburb median $705,500 from 16 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 Garth Lisle Property ConsultantsPerfectly situated for sublime beachside living with everlasting water views, this quality built four-bedroom home is what seaside dreams are made of.
Located in the premium Penniwells Estate with a welcoming street presence, entrance level of the home begins with engineered oak underfoot, crisp white walls and a neutral colour palette. With three light and airy bedrooms with luxurious carpet, built in robes, block out blinds and soft curtains, entrance level of the home greets with an idyllic seaside feel. Separate toilet, stunning family bathroom with large bath and heated flooring, spacious laundry, and plenty of under stairwell storage sit ideally between the bedrooms and the dreamy living area with woodfire heater and split system that steps out to the backyard deck, perfect for catching the morning sun.
Spoilt for idyllic havens, the second level of the home is where the stunning ocean side position is highlighted. Framed by floor to ceiling windows, the astute design ensures privacy, yet unobstructed water views across to Cape Woolamai and beyond. Inspired lighting and a thoughtful balance of crisp beachside plantation shutters, practical block out blinds, tempered by the romance of dreamy soft curtains, this decadent space is open plan and light filled. The kitchen with quality appliances, butler's pantry, and Caesar stone bench tops, overlooks the dining out to the balcony, thoughtfully designed for privacy and protection, whilst offering stunning ocean views. The expansive living area enjoys all year comfort with ceiling fan and split system. Spacious study nook, powder room and stunning master bedroom luxuriously fitted with ceiling fan, carpet, block out blinds and curtains and subtle lighting inclusions enhancing the space, includes walk through robe and modern ensuite with heated flooring and double vanity. Double glazed windows and tints where needed, privacy and comfort have been prioritised throughout this superb beachside home.
Set on impressive, landscaped gardens, the backyard split over two levels with feature rocks, lush lawn, olive trees and dedicated fruit and vegetable area is well supported by water tank and lock up shed that includes storage and powered work bench. Striking native garden out the front surrounds the exposed aggregate driveway leading to the double remote garage with internal access and tesla wall connector charger. There is space for a boat, caravan, or jet ski, whilst off street parking allows for an extra two vehicles. In total, the property can accommodate five vehicles.
Just a walk away from the beach and shopping village via dedicated walking and biking track, Penniwells Estate is impressively positioned to make the most of this elusive seaside lifestyle. Both family and holiday friendly, San Remo offers supermarket, shops and cafes overlooking the iconic fishing jetty and bridge to Phillip Island and has local kindergarten, primary school, and the new Bass Coast College within easy reach. Enjoying the best of all worlds, San Remo is nestled within the magnificent Bass Coast Region and only a 90-minute drive from Melbourne CBD.
Garth Lisle Property Consultants welcome your enquiry.
Listing description written by Scott Lethbridge, Garth Lisle Property Consultants — reproduced as published, not verified by Districts.
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