Investment property in Romaine has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.79%
If we look at median property appreciation over just the last three months, Romaine has given property investors a paper return of 4.36%. This puts Suburb as 51 on a list of fastest fasting appreciating suburbs in TAS
Property investors looking for a bargain in Romaine should be aiming for at least -6.55% off the asking price, which is the average vendor discount being achieved at the moment.
Residents and property investors in Romaine have been waiting around 73.79 days to sell a property.
Romaine is 65th on a list of best yielding suburbs for rents in TAS with a 5.48% return