Romsey VIC 3434

Here you can find what you need to know about Romsey, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$578k Median Sale Price (National Average $485k) 369th In VIC
8.96% Median Price Change (1 yr) (National Average 4.30%) 133rd In VIC
$430pw Median Rent (National Average $395) 252nd In VIC
3.9% Median Gross Yield (National Average 4.24%) 223rd In VIC
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Properties sold 58
Average discounting -5.33%
Average Days on Market 59
Stock on Market 24 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Romsey, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Romsey, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Romsey, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Property Prices in Romsey


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Latest Auction Results for Romsey as at 20 October 2019

Property Details
Sale Price
4Bed / 2Bath / -Car / House
-

State Auction Clearance Rates - October 2019

Auctions Clearance rate
VIC 774 74%
ACT 53 64%
NSW 665 79%
NT 13 31%
QLD 140 46%
SA 52 62%
TAS 1 0%
WA 16 50%

Local Schools


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Suburb Information

Romsey, VIC 3434

Part of: Macedon Ranges Council No data available

The size of Romsey is approximately 80.4 square kilometres. It has 13 parks covering nearly 0.4% of total area. The population of Romsey in 2011 was 4,411 people. By 2016 the population was 4,739 showing a population growth of 7.4% in the area during that time. The predominant age group in Romsey is 40-49 years. Households in Romsey are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Romsey work in a trades occupation. In 2011, 85.3% of the homes in Romsey were owner-occupied compared with 83.5% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Romsey

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Romsey   for Houses in last 12 months


There have been 59 Houses sold in Romsey in the past 12 months with a median sale price of $575K, up 4.55% annually. It takes on average 68 days to sell with vendor discounting of -5.65%.

Streets in Romsey


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Apollo Bay VIC, 3233 3.57% $580,000 Unavailable Unavailable View Suburb Profile
Marulan NSW, 2579 3.04% $474,000 $438pw 4.8% View Suburb Profile
Kyneton VIC, 3444 12.62% $580,000 $430pw 3.9% View Suburb Profile