Suburb Profile Report for Romaine TAS (7320)

Romaine House: Median price $260,000, Annual capital growth 0.76%, Number of sales 36, Weekly median advertised rent $290

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

At number 3728th in the list of Australian suburbs ordered by increase in median house value over the last year, Romaine, 7320 is in the BOTTOM 20% with a property value increase of -7.14% recorded in median house prices.

Over the longer term, Romaine has seen property prices show investors a 1.56% return over the last 3 years. This is worse than over the last 12 months

At number 87th of TAS’s most discounted properties, Romaine is in the middle of the state/territory when listing in order of most discounted to least.

Often selling an investment property can take time, and in Romaine the average time real estate has been on the market is 68.73 days.

Metrics i HOUSE UNIT
$260,000 N/A
N/A N/A
-7.14% N/A
0.76% N/A
$290 N/A
36 N/A
5.80% N/A
68.73 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 1739
Median household income ($/weekly) 1129
Median age of persons 39
Median housing loan repayment ($/monthly) 1300
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 267 15.4
    25-34 years 200 11.5
    35-44 years 254 14.6
    45-54 years 249 14.3
    55-64 years 207 11.9
    Others 562 32.3
    Age Group
    Census Count Percent(%)
    Registered Married 707 57.0
    Not Married 437 35.2
    Defacto Relationship 96 7.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 1540 92.2
    Indonesia 8 0.5
    Papua New Guinea 16 1.0
    United Kingdom 54 3.2
    Other 27 1.6
    Others 26 1.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 3 0.2
    Christianity 1073 68.5
    Hinduism 9 0.6
    Judaism 4 0.3
    No Religion 475 30.3
    Others 3 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 81 13.6
    $600-$799 55 9.2
    $1,000-$1,249 62 10.4
    $1,250-$1,499 58 9.7
    $1,500-$1,999 102 17.1
    Others 237 39.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 493 37.5
    Not in the labour force 450 34.2
    Employed, worked part-time 271 20.6
    Unemployed, looking for work 55 4.2
    Employed, away from work 45 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 110 13.6
    Technicians & trades workers 151 18.7
    Community & personal service workers 88 10.9
    Clerical & administrative workers 128 15.9
    Sales 112 13.9
    Others 217 26.9
    Occupation
    Census Count Percent(%)
    Pre-school 14 3.2
    Infants/Primary 170 39.4
    Secondary 146 33.8
    Technical or Further Educational Institution 49 11.3
    University or other Tertiary Institutions 39 9.0
    Others 14 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1587 97.3
    Semi-detached, row or terrace house, townhouse 35 2.1
    Flat, unit or apartment 5 0.3
    Caravan, cabin, houseboat 4 0.2
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 260 40.2
    Being purchased 244 37.7
    Rented 136 21.0
    Other tenure type 7 1.1
    Tenure Type
Census 2011, ABS
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