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
$1,050,000
Last sold
29 Aug 2023
4
Bedrooms
2
Bathrooms
2
Car spaces
2,034 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
$1,050,000
29 Aug 2023 · derived via latest_sale
Local land rate: recorded House sales in Romsey (last 5 years) with land size have a median of $593/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
+23.5%
Median sale
Suburb $850,000
-0.63 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 David Pino Real EstateWelcome to your dream home! This exquisite 4-bedroom, 2-bathroom residence boasts unparalleled elegance and comfort. Located on a massive 2034 square metre estate, this property provides the perfect blend of space, privacy, and convenience.
The 3-metre ceilings create an airy and spacious atmosphere which is complemented by large windows that flood the interiors with natural light. Every detail in this home exudes elegance, from the gold handles and tapware that add a touch of glamour, to the floorboards throughout and quality window treatments including floor-to-ceiling sheers in the main living areas.
The well-appointed kitchen is a haven for culinary enthusiasts and is equipped with ample storage space in the walk-in pantry, modern appliances including a 5-burner gas cooktop, loads of bench space for those times you cook up a storm, breakfast bar, tiled splashbacks, 80mm stone benchtops and pendant lights.
Each bedroom is thoughtfully designed with walk-in robes, TV points and powerpoints with USB charging capability. The walk-in linen cupboard and additional storage cupboard, perfect for puzzles and games, will ensure clutter-free living.
The two beautifully appointed bathrooms make busy mornings a breeze. Both the ensuite and family bathroom include a large shower, double vanities and double shower heads with the family bathroom also offering a stand-alone bath. The bathrooms and separate powder room all feature floor-to-ceiling tiles.
Enjoy year-round comfort with ducted heating and evaporative cooling, ensuring the perfect climate indoors regardless of the season. The dining/living area features an open layout, perfect for hosting gatherings or simply enjoying quality time with loved ones. Warm yourself in front of the gas log fire during chilly evenings, and in the warmer months step outside to the covered alfresco area, and then onto the sprawling backyard, offering endless possibilities. Whether you dream of gardening, setting up a play area for children, or simply having a private retreat, this outdoor oasis is ready to be transformed into your vision.
This home offers so much more - double garage with internal access, large laundry with built-in storage and external access, and secure side entry. It is within easy reach of local amenities, including schools, shops, and recreational facilities, making it an ideal combination of convenience and countryside charm.
For inquiries or to arrange a viewing, call David on 0467 280 803.
Listing description written by David Pino, David Pino Real Estate — reproduced as published, not verified by Districts.
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