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.
$972,500
Last sold
3 Apr 2023
4
Bedrooms
2
Bathrooms
4
Car spaces
2,030 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
$972,500
3 Apr 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
+14.4%
Median sale
Suburb $850,000
-0.42 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
UnknownArea
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)
Modern and spacious both inside and out, this property boasts a flexible floorplan for the whole family to enjoy. This really is the complete package, situated on over half an acre in a delightful quiet court boasting features such as side access to a great shed, north facing outdoor entertainment area spacious kitchen with 900mm appliances, picture windows overlooking the backyard, palatial island bench and stone benches. Completely refreshed with both new paint and carpet, this is truly one for the entire family to love and enjoy.
“What the property offers” (property perspective)
Within a location of peace AND convenience, walking distance to primary school, sporting facilities, parks and shops. The home offers a spacious floorplan of 4 bedrooms, two bathrooms including ensuite to the master plus powder room with third WC, a study plus multiple living spaces so the whole family can spread out and have their own space. Stunning hostess kitchen complete with walk in pantry enjoys the northerly aspect to the rear yard and with bifolds to the paved outdoor covered pergola area, entertaining is an absolute breeze. An additional large lounge to the front of the home is perfect for cozy winter nights with wood fire and plenty of natural light courtesy of the bay window. Kids playroom is yet another space that could be utilised in many ways such as a secondary home office. With half-moon driveway and side access to a great shed plus lean-to equivalent to a double carport, there is plenty of off-street parking plus a huge yard with established trees and gardens. Also featuring, heating and cooling plus ceiling fans for year-round comfort, great storage, bamboo floors, new carpet and paint, double glazed windows plus solar panels to help keep power bills down and much more!
“What you’ll love about the property” (vendor perspective)
We love the space both inside and out, and we really love this court! We’d pick the whole lot up and take it with us if we could as all the neighbours are amazing. This is a true lifestyle property for us, the kids have their own rooms and own area to play inside, we’ve added the pergola, a fire pit area, vegie gardens and chook run. The kids have spent many hours out playing on their playground, it’s a great property for them to enjoy outdoors as it’s easy to watch them playing from the kitchen or while we’re out under our pergola. Being a tradie, side access and a good shed is an absolute must. We built the house with this in mind and have made the access simple and unintrusive to the outlook of the property. Our home really does have great bones and has been a pleasure to raise a young family here. With Coles soon to be built within an easy walk, the new owners will reap the rewards of that extra convenience.
Listing description written by Shantelle Cardwell-Smith, Bound Real Estate — reproduced as published, not verified by Districts.
Victoria 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.