3 Nerida Avenue, San Remo NSW 2262
3 Nerida Avenue, San Remo NSW 2262
Feature-rich 4-bed family house | detached studio with bathroom | solar + ducted air-conditioning | 556m² in established San Remo | strong rental demand
A four-bedroom family house with a detached studio and bathroom, this property sits above typical San Remo stock. The studio is used easily as a home office, guest retreat, or flexible space, while solar panels, ducted air-conditioning, and an undercover entertaining deck raise the comfort level beyond most local listings. The land, around 556 square metres, is fully fenced with side access, practical for families and those with trailers or boats. Its location near Northlakes schools, local shops, and the lake foreshore suits owner-occupiers seeking established suburb conveniences. Rental demand is consistently strong, broadening appeal to investors.
Value may be influenced by presentation and the condition of established finishes. Confirmation of the second bathroom and the approval status of the detached studio is recommended. Minor land-size variations are unlikely to be material. Rental returns near $690 per week suggest consistent demand, supporting price.
>> Comparable Sales: 33 Nerida Avenue sold $500K in 2018; this property sold $399K in 2018 | Property Price Band: $700K–$800K | Value Drivers: detached studio with bathroom, solar and ducted air-conditioning, land around 556m²
Detailed Independent Property Report prepared by PropCred Analyst team for 3 Nerida Avenue, San Remo NSW 2262
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
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Market Insight
San Remo presents as a mid-priced NSW market with a median house price between $710,000 and $792,000, well below the state average. Demand is driven largely by purchasers, who make up 38% of residents, alongside family households with children at 37%. Price momentum is solid, with annual house growth ranging from 7.3% to 12.1%; houses sell in roughly 37 to 51 days, indicating balanced turnover. Gross rental yields sit at 3.6%, supported by weekly rents around $670 for larger homes. Sales volumes remain modest at 61 to 96 houses annually, reflecting a thin but active market. Future drivers include sustained compound growth and a healthy Boomscore of 48, though constraints are apparent: limited stock, no vacancy or unit data, and affordability pressures tempered only by the fact prices remain below the NSW benchmark. School quality data is absent, and infrastructure details are sparse, leaving supply-side risks open.
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PropCred Estimated Value
Bedrooms
4
Bathroom
1
Parking
1
Land
558m²
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