35 Nerida AvenueSan Remo NSW 2262
Property Details for 35 Nerida Ave, San Remo
35 Nerida Ave, San Remo is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1990. The property has a land size of 664m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in May 2025.
Last Listing description (June 2026)
An exceptional opportunity for savvy investorsthis dual occupancy property delivers immediate returns and long-term growth potential. Featuring two separately leased dwellings, it includes a character-filled three-bedroom home and a fully council-approved, modern two-bedroom granny flat completed in 2018.Currently generating a combined rental income of $900 per week, with rent reviews in place to increase this to $1,000 per week, the property offers:Current yield of 5.08%Projected yield of 5.65%Leases secured until mid-2025 and mid-2026Key Investment Highlights:Fully approved dual occupancy setupLow-maintenance, high-return assetStrong tenant demand in a suburb with a 0.66% vacancy rateImpressive 198% capital growth over the past 10 yearsClose to Budgewoi Lake, schools, shops, and public transportIdeal location halfway between Sydney and NewcastleLocation Features:Just 500m to Budgewoi Lake and walking tracks360m to Northlakes Public and High Schools2.5km to Lake Haven Shopping CentreEasy access to hospitals, transport, and major arterial roadsOutgoings:Council Rates: approx. $1,978 p.a.Water Rates: approx. $2,126.08 p.a.Rental Details:House: $480/week (lease to June 2025)Granny Flat: $420/week (lease to July 2026)Proposed increases: $540 & $460/week respectivelyWith a secure rental income and excellent growth credentials, this is an investment you can count on. Contact us today to arrange a private inspection or request further details
Property History for 35 Nerida Ave, San Remo, NSW 2262
- 27 May 2025Sold for $920,000
- 20 May 2025Listed for Sale $920,000
- 28 Apr 2023Sold
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About San Remo 2262
The size of San Remo is approximately 2.3 square kilometres. There are 4 parks, covering nearly 6.4% of the total area. The population of San Remo in 2016 was 4351 people. By 2021 the population was 4434 showing a population growth of 1.9% in the area during that time. The predominant age group in San Remo is 20-29 years. Households in San Remo are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in San Remo work in a labourer occupation.In 2021, 63.60% of the homes in San Remo were owner-occupied compared with 67.00% in 2016.
San Remo has 1,861 properties. Over the last 5 years, Houses in San Remo have seen a 38.63% increase in median value, while Units have seen a 26.25% increase. As at 31 May 2026:
- The median value for Houses in San Remo is $815,300 while the median value for Units is $584,337.
- Houses have a median rent of $560 while Units have a median rent of $478.
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