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VIC › San Remo › The Broadway

9 The Broadway, San Remo VIC 3925

For saleHouse for Sale

$1,950,000–$2,145,000

For sale

Asking range

5

Bedrooms

4

Bathrooms

5

Car spaces

604 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,950,000–$2,145,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,950,000–$2,145,000(Listing record · 17 Feb 2025)
  • FactLand 604 m²; no building size recorded.(Property record)
  • CalculationAsk is 176% 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 1.22% — 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

$1,950,000–$2,145,000

Asking range · $3,228/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.

See the full San Remo report →

Vs San Remo

+176.4%

Median sale

Suburb $705,500

-2.16 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
$1,950,000
Stamp Duty (Victoria)
$107,250
Transfer/Registration Fee
$3,614
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
$2,064,564

$114,564 on top of the price (5.9% 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
-0.28%
Annual cashflow (pre-tax)
$-106,782
Interest cover (DSCR)
-0.05
Annual rent
$23,868
Operating expenses
$29,250
Loan amount
$1,560,000
Annual interest
$101,400
Gross yield
1.22%

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$1,950,000–$2,145,000available17 Feb 2025

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 1.2%. 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.

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 The Broadway →

Listing material

Listed by Garth Lisle Property Consultants

Sea change perfection

Panoramic bridge and Island views, with a striking street frontage, this quality 5-bedroom plus studio residence offers extensive living with sublime sea views at every turn. Architecturally astute, the property begins with a sealed aggregate driveway, landscaped gardens and a stunning exterior that sits securely within its surrounds, providing privacy for the exceptional living within.

Clever planning provides independently accessed family accommodation at entrance level, with the entire lower floor fully lockable and independent from the upper level – ideal for extended family, guests, or holiday accommodation potential. With sliding doors to close off the area, it has its own passageway linking two stunning bedrooms with built-in robes, split system air conditioning, ceiling fans and television points. The family bathroom features an oversized shower and separate toilet, effortlessly connecting to the pristine kitchenette, dining and living area. This space steps out to an undercover deck complete with outside shower and toilet, offering plenty of room to laze the afternoon away while overlooking the pool and crisp blue water beyond.

Transported via lift or stairway to the breathtaking upper level, an abundance of natural light fills the open-plan living zone, controlled by quality interior and exterior blinds and double glazing throughout. Framed by panoramic water views, the stunning kitchen with butler's pantry is in keeping with the rest of the home, showcasing classic white tiling, stone benchtops and quality appliances. The gas fireplace is framed impressively by stone, while split system air conditioning and ceiling fans feature consistently throughout every bedroom and living zone of the home.

Read the full description

Providing an exceptional outdoor living zone, the spacious balcony can be enclosed or opened to capture the sea breeze. Complete with ceiling fan, heating, television point, outdoor kitchen and barbeque connected to gas, this area has been designed for magnificent all-season entertaining, with access via outdoor stairwell to the backyard and pool. The decadent master suite shares the balcony and includes a separate study, walk-in robe and stunning ensuite. The family bathroom features a freestanding bath and, in line with all bathrooms throughout the home, oversized showers and feature tiling. Two further bedrooms, one with walk-in robe, complete this level.

Split level, the backyard flows effortlessly from the extensive deck to the pool area, then down to the firepit zone and garden shed. Magnificent water views are captured from both levels of the property.

An impressive four-car garage with internal and through access assures ample parking and storage for all vehicles, further complemented by two Tesla charging points. The home is exceptionally energy efficient with an extensive 46-panel solar system, Tesla battery storage, and two separate gas hot water systems servicing both upstairs and downstairs independently. Additional premium features include split system air conditioning in every room, television points in every bedroom, and gas connections to both the BBQ and fireplace.

Seeing is believing with this impressive property. Ideally located in San Remo, just a stroll to the beach and shopping village, the area provides ample kindergarten and school choices surrounded by magnificent Bass Coast beaches and landscapes. Just 90 minutes from Melbourne CBD, San Remo is an ideal holiday getaway or, better yet, the perfect sea change to call home.

Inspections by appointment. Garth Lisle Property Consultants

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

Property features

  • Balcony
  • Deck
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Outdoor Entertaining
  • In-Ground Pool
  • Remote Garage
  • Secure Parking
  • Shed
  • Solar Panels
  • Study
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.