Investment property in Romaine has done 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 -7.14%
While Romaine,7320 ranked number 159th in TAS for increase in median house value (annualised) increase, it is ranked 127th over the last 5 years.
State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.01% offered to property buyers. Sellers in Romaine itself are offering an average vendor discount of -6.79% to real estate investors.
Romaine, 7320’s gross rental yield is 5.75%