At number 4046th in the list of Australian suburbs ordered by increase in median house value over the last year, Roma, 4455 is in the BOTTOM 10% with a property value increase of -19.61% recorded in median house prices.
Across a shorter period, Roma, 4455 has seen a median price increase of -4.76% over the last quarter.
The most recent median price for Roma is $250000, with sellers offering an average of -17.66% off the asking price.
At number 3537 in a list of fastest selling suburbs, Roma is in the bottom 10% of suburbs in Australia with an average of days on market 143.06 for properties listed there.
The QLD suburb of Roma, 4455 is in the Maranoa local government area.
Raine & Horne Roma principal Peter Holland notes that, in stark contrast to Brisbane’s slow market conditions, interest in the Roma property scene has seen a real spike in recent months.Full summary
Information supplied by:
Raine & Horne Roma principal Peter Holland notes that, in stark contrast to Brisbane’s slow market conditions, interest in the Roma property scene has seen a real spike in recent months.
“The real estate climate in Roma started changing in late May,” he says. “This has led to more telephone, walk in and email enquiries over the last five weeks than we have had in the previous 12 months, and as a result many buyers are now making moves to secure properties.”
The main economic driver here is the resources industry (Roma is within 200km of the much talked about resource-driven markets of Chinchilla and Miles for example), and Holland believes that boom times in the Surat Basin are already starting to fuel demand for property in his area.
“The resource industry is gearing up for the harvesting of huge coal and gas reserves in the Surat Basin, and this has seen mining companies purchase residential properties for their employees, as well as commercial and industrial sites,” he adds. “Also, cashed-up young people working in the resource industry are now well positioned to upgrade their homes.”