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 › Parkside Ave
$855,000
Last sold
10 May 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
900 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
$855,000
10 May 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
+0.6%
Median sale
Suburb $850,000
-0.02 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 SunburyA sanctuary of spacious liveability and contemporary design, this luxurious modern home is situated overlooking the gorgeous Lomandra parklands and recreation reserve, surrounded by views to the Macedon Ranges. Spread across an impressive 900m2 (approx.), the property boasts wonderful proportions and a versatile interior floor plan with multiple living areas, four bedrooms, two bathrooms, and a study. Additionally, a home office plus a separate studio allow optimum utility for work-from-home or hobbyist needs. Offering ample space for family leisure, the home comprises a spacious lounge, retreat, and open plan meals and living areas flanking the culinary kitchen graced by stone surfaces, a breakfast bar, glass splashback, large walk-in pantry, soft-close drawers, and stainless steel appliances including a dishwasher. Glass sliding doors create a seamless transition from indoor to outdoor living, opening up to the under-roofline concreted alfresco fitted with bistro blinds, overlooking the level rear yard complete with a soothing water feature. The accommodation is equally impressive, with the light-filled main bedroom featuring a walk-in robe and a luxe ensuite fitted with a stone-topped double vanity and a spacious niched shower. Remaining double-sized bedrooms are all fitted with built-in robes and are elegantly serviced by the family bathroom which boasts a stone-topped vanity with a conical raised basin, an oval bath, recessed shower, and a separate toilet. A carpeted frontage home office with a window overlooking the park provides a peaceful workspace and is discreetly accessed via the garage – providing the perfect setting for work or meetings without disturbing the household. In addition, there's a backyard concreted shed/studio with a glass sliding door plus roller door access, making it ideal for use as a home gym or extra garaging, easily accessible from the gated side driveway. Additional features of this exceptional property include an oversized (extra width) integrated remote-controlled double garage with rear roller access to additional undercover parking beneath the pergola, ducted heating/cooling, and a large internal laundry. Conveniently located close to Romsey township shops, cafes, primary school, childcare facilities, and amenities.
Listing description written by Matthew Makin, Woodards Sunbury — reproduced as published, not verified by Districts.