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.
$550,000
Last sold
22 Dec 2023
3
Bedrooms
2
Bathrooms
2
Car spaces
458 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
$550,000
22 Dec 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
-35.3%
Median sale
Suburb $850,000
+1.82 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 Reliance Real Estate WerribeeCharming Residence at 2 Glen Mews, Romsey: Ideal for First-Time Homebuyers, Downsizers, and Savvy Investors
Nestled in the heart of the serene neighbourhood of Ramsay, 2 Glen Mews stands as a perfect haven for those in search of a comfortable, family-friendly dwelling or an excellent investment opportunity. This lovely property offers three spacious bedrooms, two bathrooms including an en-suite, and a range of features that cater to your everyday needs.
Key Features:
Three Spacious Bedrooms: The house boasts three generously sized bedrooms, providing ample space for families or guests. Each room comes equipped with built-in robes, offering both style and storage convenience.
Two Bathrooms: With two well-appointed bathrooms, including an en-suite for the master bedroom, the house ensures comfort and functionality for its occupants.
Proximity to Amenities: This charming residence is conveniently situated near a host of essential amenities. Families will appreciate the proximity to primary schools and kindergartens, ensuring that your children's educational needs are met with ease. Moreover, golf enthusiasts can enjoy their passion at the nearby golf club, making it easy to practice their swing. Medical centre's are also conveniently nearby, providing peace of mind for health-conscious residents.
Side Access for Caravan or More: If you have a caravan or require additional space for vehicles or storage, this property has you covered. With side access available, you can easily park your caravan or other recreational vehicles on the premises. The convenience of internal access from the garage adds an extra layer of practicality.
2 Glen Mews, Romsey is not just a house; it's a home that caters to the diverse needs of its residents. Whether you're a first-time homebuyer looking for a comfortable and convenient dwelling, a downsizer seeking a peaceful environment, or an investor searching for a valuable property, this charming residence offers it all.
The house's attractive features and its strategic location ensure that it's a great place to live and a smart investment. Don't miss the chance to make 2 Glen Mews your own. Contact us today to schedule a viewing and experience the warmth and functionality of this remarkable property in Romsey.
For more info please contact Prince on 0411552685
Photo ID required for an Inspection.
Please see the below link for an up-to-date copy of the Due Diligence Check:
Listing description written by Vik Monga, Reliance Real Estate Werribee — reproduced as published, not verified by Districts.