1 Genista Street, San Remo VIC 3925

1 Genista Street, San Remo VIC 3925
Modern family home on rare large lot | Low yield indicates lifestyle demand | Study, workshop, parking spaces | Designed for hobbies and vehicles The property is competitively positioned by its rare large allotment, a standout feature in its coastal suburb. Its modern construction and versatile interior, including a study and workshop, are strongly suited to families or hobbyists seeking a lifestyle property. The extensive parking and outdoor areas further enhance its appeal, and the residential zoning with no detected overlays adds security. However, the modest implied rental yield indicates it functions better as a primary residence or holiday home than as an income-focused investment. The property’s low rental yield may narrow its buyer pool to lifestyle seekers, potentially affecting sale price. Its large land component might offer future subdivision potential, though this is unconfirmed and requires verification with local council. Buyers should weight the property’s land premium against its modest income capacity.
Detailed Independent Property Report prepared  by PropCred Analyst team for 1 Genista Street, San Remo VIC 3925
Checks found:
Value Risk ✕ 2
Liquidity Risk ✓
Planning Risk ! 1
Income Risk ! 1
Execution Risk ! 1
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight

San Remo presents as a regional coastal market with a notable divergence between its house and unit segments. Recent market conditions show house prices have softened, with extended selling periods indicating buyer selectivity in a market where supply currently outweighs demand. This environment is driven by local turnover rather than strong external pressure. Future growth is contingent on broader regional affordability and absorption of available stock, with the key constraint being the current imbalance between supply and demand which favours purchasers.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

4

Land

1225m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat