Property value increases in Romaine have tracked just higher than the TAS average of 11.04% over the last 12 months.
Over the longer term, Romaine has seen property prices show investors a 18.92% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Romaine 7320 should be seeing an average reduction in asking price of around -3.90% . This means that Romaine is holding prices well when compared to other suburbs in TAS.
Often selling an investment property can take time, and in Romaine the average time real estate has been on the market is 70.3 days.
With the median price for a house in Romaine being $330000 and the advertised rent reaching $312.5 the gross rental yield for property investors calculates out to be 4.92%