Back 35 Nerida Ave
Off Market

35 Nerida Ave

San Remo NSW 2262

5
2
House
Last sold for $920,000
Clint HarrisClint Harris, last sold this property on 10 June 2025 after 21 days on market.

Overview

Dual Income Investment with Strong Yield in Prime Growth Corridor Offered at $920,000 | Projected 5.65% Yield

An exceptional opportunity for savvy investors—this 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-2026 Key Investment Highlights: Fully approved dual occupancy setup Low-maintenance, high-return asset Strong tenant demand in a suburb with a 0.66% vacancy rate Impressive 198% capital growth over the past 10 years Close to Budgewoi Lake, schools, shops, and public transport Ideal location halfway between Sydney and Newcastle Location Features: Just 500m to Budgewoi Lake and walking tracks 360m to Northlakes Public and High Schools 2.5km to Lake Haven Shopping Centre Easy access to hospitals, transport, and major arterial roads Outgoings: 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 respectively With 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

Features

5 bedrooms
2 bathrooms
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in San Remo over the last 12 months, the estimated median property value of 35 Nerida Ave is $920k.

Median value
$920k
Estimated value range
$770k - $1.26m
Median days on market
38
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in San Remo. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 35 Nerida Ave

2025
Sold
$920,000
10 Jun 2025 by Clint Harris, of The Agency - Central Coast
2015
Sold
$410,000
Private Sale/Treaty on 20 Sep 2015 by Megan Down, of Wiseberry Charmhaven

Happy sellers in San Remo

95%
95% of sellers in San Remo reported that their sale price either exceeded or met their price expectations.

San Remo stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 7 reviews in San Remo over the last 12 months.

Local market activity for 5 bedroom houses in San Remo

In the last 12 months, 14 five-bedroom houses similar to 35 Nerida Ave, have been sold.

This represents a 40% decrease in five-bedroom houses sales when compared to the previous 12 months.

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