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 › Redwood Ct
$565,000
Last sold
19 Oct 2023
4
Bedrooms
1
Bathrooms
2
Car spaces
740 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
$565,000
19 Oct 2023 · 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
-33.5%
Median sale
Suburb $850,000
+1.69 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 Leading Real EstateAND THE WINNER IS….. YOU!!
*** WATCH OUR VIDEO PRESENTATION ***
Your first question will be where do I start?! Sitting in an imposing position central to a large circular driveway, it commands your attention and on a block size of approximately 740sqm this home is the whole package!
Presenting with two separate and distinct living areas, it provides opportunity for family cohesiveness or if peace and quiet are needed, distance to achieve exactly that! Your first living space is apparent upon entry and follows a traditional "L" shaped footprint wrapping around to the kitchen. Your kitchen is central between what is the dining area off the lounge and the informal family meals area. An abundance of natural light flows into these family spaces and, in combination with stunning timber flooring, it has character and a lovely welcoming ambience all its own. Well away from the main living spaces a second living area or retreat awaits! Retire here to sit away from everyone else or enjoy the added appeal of easy access to the outdoor, undercover entertaining area.
Your kitchen is eye catching with light cabinetry topped with darker benchtops, a seamless functionality layout and quality appliances that include an upright oven and dishwasher enhanced by an abundance of storage including a large pantry, plenty of bench prep space and an open fridge space, allowing for easy installation of even the largest of fridges.
Accommodation provides four bedrooms. Three of these bedrooms, including the master, are upstairs. All have built in robes, excepting the master and downstairs bedroom, both of which have walk in robes. The bathroom is upstairs and shared by friends and family. The master enjoys independent access via the walk-through robe. There is also a separate toilet.
Beautiful features of the home include ducted heating, stunning polished timber flooring and timber trims, ceiling fans, laundry with external access, 2 toilets, under stair storage as well as plenty of additional closet/linen space, double garage, expansive lawned rear yard, established gardens, abundant off-street parking and so much more that you'll enjoy upon inspection.
Enjoy effortless semi-rural living with excellent access to the historical and welcoming Romsey township, schools, childcare, sporting facilities and local park, playground and for those who enjoy a wine, you're at the gateway to beautiful wine country. The delivery of instant lifestyle appeal is just the beginning. Call Trent Mason on 0433 320 407 to find out more and book your private inspection.
Listing description written by Trent Mason, Leading Real Estate — reproduced as published, not verified by Districts.