If you compare the increase in value of investment property in Romsey, 3434 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 3.90%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Romsey has increased when compared to the 5 year average annual rate.
At number 209th of VIC’s most discounted properties, Romsey is in the bottom 40% of the state/territory when listing in order of most discounted to least.
Property investors should expect to get $347.5 weekly from the median priced house in this suburb.
Over the last year, property investments in Romsey, 3434 have given investors a capital gain of 5.05%. This compares favourably with the 3.63% for VIC as a whole.
While Romsey,3434 ranked number 77th in VIC for increase in median house value (annualised) increase, it is ranked 115th over the last 5 years.
On average over the past year, suburb has had 1.08 sales per month, which equates to 13 per year.
Property investors should expect to get $317.5 weekly from the median priced house in this suburb.