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
$1,595,000
For sale
Asking
4
Bedrooms
2
Bathrooms
4
Car spaces
533 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
Asking
$1,595,000
Asking · $2,992/m² of land
No recorded sale for this property.
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
+126.1%
Median sale
Suburb $705,500
-1.88 pp
Gross yield
Suburb 3.38%
Suburb median $705,500 from 16 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$95,039 on top of the price (6.0% extra)
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.
Pre-filled with San Remo's advertised median rent — not a rent for this listing.
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.
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.
Gross yield if leased at the suburb aggregate is 1.5%. 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
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 positioned in one of San Remo's most desirable locations, this exceptional residence has been thoughtfully designed to deliver an outstanding lifestyle of space, comfort and effortless entertaining. Offering expansive living across two levels, quality finishes throughout and premium furniture included, this is a home that is ready to be enjoyed from day one.
The ground floor provides exceptional family accommodation, featuring four generously proportioned bedrooms, including a luxurious master suite complete with ensuite and walk-in robe. The remaining three bedrooms are serviced by a stylish family bathroom, while a spacious second living room creates the perfect retreat for children, guests or quiet relaxation.
The upper level is where this home truly shines. Showcasing an expansive open-plan living, dining and entertaining space, this remarkable area is centred around a stunning stone island bench within the beautifully appointed kitchen. Whether hosting dinners or large family celebrations, the scale of this space caters effortlessly to every occasion. A dedicated bar, pool table, powder room and split-system heating and cooling plus a gas fire complete this outstanding entertaining level.
Flowing seamlessly from the living area, the balcony captures beautiful water and island views and provides the perfect place to unwind while enjoying spectacular sunsets. A protected BBQ dining zone allows for year-round entertaining, creating an inviting outdoor space to gather with family and friends in comfort.
Outside, the low-maintenance property has been designed for easy living, allowing you to enjoy everything this outstanding coastal location has to offer without the upkeep. A double remote garage is complemented by additional off-street parking, providing ample room for extra vehicles.
Adding even further appeal is the exceptional location. Enjoy a short stroll to picturesque Foots Beach for a swim or leisurely walk, while the vibrant San Remo shopping village, cafés, restaurants are all within comfortable walking distance.
Combining generous proportions, exceptional entertaining spaces, quality inclusions, beautiful water and island views, and an unbeatable coastal lifestyle, this impressive residence presents a rare opportunity to secure a premium home in one of Bass Coast's most sought-after seaside communities. An inspection is guaranteed to impress.
Garth Lisle Property Consultants welcome your enquiry.
Listing description written by Scott Lethbridge, Garth Lisle Property Consultants — reproduced as published, not verified by Districts.