At number 2876th in the list of Australian suburbs ordered by increase in median house value over the last year, Romaine, 7320 is in the BOTTOM 30% with a property value increase of 0.00% recorded in median house prices.
Over the longer term, Romaine has seen property prices show investors a -6.67% return over the last 3 years. This is an improvement over the last 12 months
Romaine, 7320 is offering TAS ‘s 117th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this TAS.
Often selling an investment property can take time, and in Romaine the average time real estate has been on the market is 103.73 days.
With the median price for a house in Romaine being $280000 and the advertised rent reaching $275 the gross rental yield for property investors calculates out to be 5.11%