At number 3164th in the list of Australian suburbs ordered by increase in median house value over the last year, Romsey, 3434 is in the BOTTOM 30% with a property value increase of -1.34% recorded in median house prices.
Romsey,3434 was ranked 3554 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Romsey is offering property investors an average of -5.80. This rate of discount on properties puts Suburb at number 333th in terms of most discounted suburbs in VIC
Romsey, 3434’s gross rental yield is 4.17%
Property investors who have had real estate in Romsey, 3434 should be relatively unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices unmoved in value by 0.00%
At number 101th 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.
At number 1324 in a list of fastest selling suburbs, Romsey is in the bottom 10% of suburbs in Australia with an average of days on market 120.18 for properties listed there.