Romaine at a glance
1,895
People
$585,000
Median sale
$460/wk
Median rent
4.09%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
$520,000
Last sold
2 Sept 2020
4
Bedrooms
2
Bathrooms
6
Car spaces
762 m²
Land
340 m²
Building
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
$520,000
2 Sept 2020 · derived via latest_sale
Local land rate: recorded House sales in Romaine (last 5 years) with land size have a median of $641/m² of land (n=47). Districts calculation from recorded sales — not a valuation.
Romaine at a glance
1,895
People
$585,000
Median sale
$460/wk
Median rent
4.09%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Vs Romaine
-11.1%
Median sale
Suburb $585,000
+0.51 pp
Gross yield
Suburb 4.09%
Suburb median $585,000 from 14 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
TASPlanning 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.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $460/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. Nearby development applications are not loaded for this property. 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
UnknownNearby development applications are not loaded for this property.
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
Romaine at a glance
1,895
People
$585,000
Median sale
$460/wk
Median rent
4.09%
Suburb gross yield
Median sale from 14 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by One Agency LauncestonIn the tightly held suburb of Romaine, only 4 minutes from the heart of Burnie, you will just love this executive four-bedroom, two-bathroom residence.
In a blue-chip position, a quiet cul-de-sac and surrounded by other substantial homes, this is a beautifully presented property that you will quickly call home.
Renovated to the most highest level and presented in immaculate condition, there is nothing to do but simply move in and enjoy.
From the moment you enter this gorgeous home, the quality of finish together with the owner's choice of the top European appliances and fittings will impress even the most fastidious buyer.
Spacious living areas will remove the stress of a busy day allowing room for the larger family to all find their own space. The large contemporary kitchen offers the latest in top end appliances and the big island bench creates the heart of this impressive home.
Fully insulated, warmed & cooled by a ducted reverse cycle system, your family will be comfortable all year round. Under floor heating through the kitchen area simply adds to the comfort level when you need it.
The extensive dining space with its own bar and amenities will make entertaining a delight and two natural gas hot water systems ensure instant satisfaction when two bathrooms are being utilised.
Four bedrooms with the Master enjoying a substantial walk-in-robe and modern ensuite cater for the larger family or for the executive, you can continue to use the fourth bedroom as an office and work from home.
For the entertainer, you will love the private, covered alfresco area. Featuring natural gas bbq access, this is the ideal spot for any event from a larger gathering to a more intimate experience.
- Ducted Vacuum System
- Under floor heating in ensuite
- Heated towel rails in bathrooms
- Dishwasher draw in bar
- Garden shed(1.8m x 3.8m north east corner of property)
Close to schools, shops and situated on approximately 762m2 of level land, with 340m2 of living under roof surrounded by immaculate lawn and easily maintained gardens, this is a home that dreams are made of.
Please enquire now for a personalised inspection
Disclaimer:
One Agency Launceston has obtained the information on this property from what we believe are reliable sources and have no reason to doubt its accuracy however we cannot guarantee its exactness. Prospective purchasers are advised to execute their own enquiries.
Listing description written by Stuart Ferrall, One Agency Launceston — reproduced as published, not verified by Districts.