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.
$855,000
Last sold
6 Mar 2024
3
Bedrooms
2
Bathrooms
2
Car spaces
2,428 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
6 Mar 2024 · 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
+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 Bound Real Estate“Why we like the property” (agent perspective)
Highlighted by expansive gardens set upon a 2,428m2 (approx) parcel, this single-level character residence provides an enticing family lifestyle offering for those looking for generous open spaces and plenty of potential within strolling distance of Romsey township.
“What the property offers” (property perspective)
Positioned in a quiet enclave backing onto the golf course, the three-bedroom family home offers a carefree lifestyle highlighted by defined formal and informal living and dining zones seamlessly connected to alfresco entertaining and secure gardens. Complemented by a central entertainer’s kitchen featuring timber cabinetry and stainless steel appliances, light-filled accommodations are highlighted by colonial style, and easy-care flooring.
Generous bedrooms are zoned for maximum privacy including a master suite with bay window and full ensuite, and two further bedrooms leading into a separate rumpus with study nook, serviced by a family sized bathroom. Outside, the well-established grounds offer plenty of room for the entire family with basketball ring, cricket pitch and an impressive 135sqm workshop/garage offering an exciting proposition for the hobby enthusiast, big boy toy collector or tradie with plenty of secure off-street parking and turning circle.
Positioned within strolling distance to Romsey town centre and only moments to the local train station for the direct Melbourne CBD line, this property is positioned only thirty minutes from Melbourne International Airport and within easy reach of the many famous wineries, farm gates, restaurants and farmer’s markets of the Macedon Ranges.
“What you love about the property” (vendor perspective)
We love the flexibility of the property and house, where everyone can have their own space but also come together when extended family and friends arrive. The covered outdoor area that extends beyond our living space offers a great spot for parties and get-togethers, and the fully fenced and secure grounds mean everyone can play and stretch out without a worry.
This home easily rises to every occasion, and the proximity to the centre of town, train station and the greater Macedon Ranges is second to none.
Listing description written by Lynne Payne, Bound Real Estate — reproduced as published, not verified by Districts.