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.
4
Bedrooms
1
Bathrooms
6
Car spaces
4,001 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Romsey (last 5 years) with land size have a median of $588/m² of land (n=119). 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.
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 Bound Real Estate“Why we like the property” (agent perspective)
Poised on just over one acre of beautifully established gardens, this impressive example of Victorian architecture is set within a private sanctuary, showcasing a compelling blend of period elegance and contemporary style.
Originally built in 1899 and standing as one of Romsey’s earliest homes of significance, ‘HOUSTON’ has been respectfully restored and immaculately presented to maintain the integrity of the home’s origins, whilst simultaneously defining a single-level floorplan that is both functional and versatile.
Romsey is on the doorstep to wonderful wineries and farmers markets, some of the many attractions of the Macedon Ranges. With a 30 minute drive to Melbourne Airport and a 10 minute drive to Clarkefield Station, this is country living with everything you need.
A rare opportunity to purchase a property walking distance from the many amenities Romsey township has to offer. The property can also be subdivided for future use (STCA).
“What the property offers” (property perspective)
Distinctive period features unite the home, from the tallest of ceilings with elaborate cornices and roses to beautiful stained glass windows. This solid red brick residence hosts a stunning display of character from the onset, with a superb wide entrance hallway, decorative fireplaces throughout and original pressed metal ceiling in the dining room.
The exceptional scale of the floorplan allows for both formal and informal living and entertaining zones, including an expansive family room and separate casual meals area, all of which are perfectly complemented by a well-appointed timber kitchen with comprehensive cabinetry and breakfast bar.
With abundant natural light cascading from the charming sash windows, three principal bedrooms are heated by LVI wall radiators and underpinned by polished hardwood floors, with a home office that could be easily reconfigured as a fourth bedroom.
Front and rear verandahs make for enticing alfresco seating areas, whilst the surrounding grounds host an array of citrus, fruit and ornamental trees, including a 100 year old oak tree. The property boasts extensive shedding, including a large workshop with concrete flooring, 3 phase power and room for storing up to ten vehicles, two additional garden/storage sheds and three water tanks.
“What you love about the property” (vendor perspective)
The beauty and elegance of the heritage features throughout the house and the expansive gardens. ‘HOUSTON’ has such an interesting history with only 3 past owners and very few Victorian homes like this remain in Romsey. Take a short stroll to the local cafes and restaurants or enjoy the running/walking tracks along 5-mile creek, all the way up to Lancefield. The pleasure of working from home surrounded by lovely greenery outside each window, or the easy access to public transport for work and visits to the CBD. The large shed/workshop is also perfect for operating a small business, an art studio, woodworking or a car enthusiast – the possibilities are endless.
Listing description written by Lynne Payne, Bound Real Estate — reproduced as published, not verified by Districts.