Romsey at a glance
6,233
People
$850,000
Median sale
$545/wk
Median rent
3.33%
Suburb gross yield
Median sale from 63 recorded sales (last 12 months) — a Districts calculation.
VIC › Romsey › Desmond Cres
$928,000
Last sold
14 Mar 2024
4
Bedrooms
2
Bathrooms
4
Car spaces
1,002 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$928,000
14 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in Romsey (last 5 years) with land size have a median of $581/m² of land (n=118). Districts calculation from recorded sales — not a valuation.
Romsey at a glance
6,233
People
$850,000
Median sale
$545/wk
Median rent
3.33%
Suburb gross yield
Median sale from 63 recorded sales (last 12 months) — a Districts calculation.
Vs Romsey
+9.2%
Median sale
Suburb $850,000
-0.28 pp
Gross yield
Suburb 3.33%
Suburb median $850,000 from 63 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $545/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Romsey at a glance
6,233
People
$850,000
Median sale
$545/wk
Median rent
3.33%
Suburb gross yield
Median sale from 63 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Woodards Macedon RangesA captivating property that exudes timeless elegance, this four bedroom plus study, two bathroom home on a quarter acre of landscaped grounds has been carefully curated to create a lasting impression, with high-stemmed roses and manicured Buxus creating postcard pretty street appeal. Stunning French entry doors open to an inviting hall, introducing the abundance of lovely natural light that bathes the entire residence. The proportions of this home are of a grand scale, yet beautifully balanced by a soft neutral scheme – creating a mood of gently polished relaxed refinement. Wonderful living and entertaining areas unfold, with a carpeted separate lounge presenting a warm and welcoming retreat. At its heart, an exquisite Hamptons-style kitchen boasts a superb picture window and sensational stone surfaces that extend seamlessly to the butler's style walk-in pantry. With a glorious island/breakfast bar, soft-close drawers, and stainless steel appliances including a dish-drawer dishwasher, this kitchen is a chef's dream. Its open layout allows for an excellent sightline to the living, dining, and rumpus rooms, ensuring you can keep an eye on young children while you cook in peace. Entertaining continues outside, with an under-roofline alfresco (with exterior fan) flowing seamlessly to an extensive elevated wraparound deck. Framed by ornamental pears and magnolias, the rear garden is a true oasis, providing a perfect backdrop for outdoor recreation and leisure. The sleeping quarters of this magnificent home comprise four spacious bedrooms, including a king-sized master retreat with twin walk-in robes and an ensuite featuring a niched double shower and stone-topped vanity. Remaining bedrooms are all generously sized and equipped with double built-in robes and serviced by a luxurious family bathroom with a separate bath and shower. Meanwhile, a large study benefits from a Velux skylight, making it an ideal space for productivity and creativity. This unforgettable family also haven includes double glazing, an integrated remote-controlled double garage, ducted heating, evaporative cooling, ceiling fans, garden shed and wide gated side access for extra parking or secure storage for caravans/boats/trailers. Situated on 1002m² (approx.) this property offers a unique opportunity to enjoy spacious and elegant living within walking distance of the charming Romsey township. An unforgettable family haven of breathtaking proportions, its unbeatable location in the stunning Macedon Ranges also provides easy access to Romsey Primary School, the Candlebark school, Clarkefield and Riddells Creek train stations, esteemed wineries, gourmet eateries, shops, and a range of amenities.
Listing description written by Toni Bloodworth-Barker, Woodards Macedon Ranges — reproduced as published, not verified by Districts.