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 -10.00%
If we look at median property appreciation over just the last three months, Romaine has given property investors a paper return of -2.51%. This puts Suburb as 132 on a list of fastest fasting appreciating suburbs in TAS
Sellers are offering property buyers an average discount of -6.34% to buyers in Romaine at the moment, which is less than average for the rest of TAS.
Often selling an investment property can take time, and in Romaine the average time real estate has been on the market is 84.28 days.
Situated 215.94km from the CBD, Romaine is one of Burnie localities in the postcode 7320.