Over the last year, property investments in Romsey, 3434 have given investors a capital gain of 4.93%. This compares badly with the 11.73% for VIC as a whole.
Romsey,3434 was ranked 1936 in Australia by increase in median property value over the quarter.
On average over the past year, suburb has had 6.25 sales per month, which equates to 75 per year.
With the median price for a house in Romsey being $447000 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 4.19%
If you compare the increase in value of investment property in Romsey, 3434 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -0.62%.