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.
$1,750,000
For sale
Asking
5
Bedrooms
2
Bathrooms
3
Car spaces
3,818 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
Asking
$1,750,000
Asking · $458/m² of land
No recorded sale for this property.
Local land rate: recorded House sales in Romsey (last 5 years) with land size have a median of $588/m² of land (n=119). 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
+105.9%
Median sale
Suburb $850,000
-1.71 pp
Gross yield
Suburb 3.33%
Suburb median $850,000 from 63 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$103,564 on top of the price (5.9% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Romsey's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 1.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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)
Privately nestled within almost an acre of gardens lies this amazing family home.
Just five minutes’ walk from the Primary School, Kindergarten and historic township with its community hub, shops, restaurants and cafes, it is a truly rare offering in the heart of Romsey.
Experience country living whilst having easy access to Melbourne (train station at nearby Clarkfield) and Melbourne Airport (only 30 minutes way) if needed.
Whilst the original part of the home was built in 1860, the property has no heritage overlay and no aspects of the property are listed on any heritage register, allowing you to renovate as you wish or knock down and fully develop the land with its two street frontages.
“What the property offers” (property perspective)
Step across the tessellated tiled verandah to discover your new home.
With 2 lounge areas, 5 bedrooms, study and 2 bathrooms, there is plenty of room.
The interior exudes character; featuring high ceilings, timber floors, decorative cornices, high skirtings, lead light windows and fire places (open fire places and wood heater). There is additional reverse cycle heating and cooling and underfloor heating and heated towel rails in the bathroom.
The spacious kitchen features a 900mm De’Longhi oven, 5 burner gas cooktop and double sink.
The outdoor alfresco area seamlessly connects to the sun-drenched living and dining rooms and overlooks the garden, perfect for gathering with friends and family.
A new roof and 10kw solar power, 2 sheds and a garage with rear access completes the picture.
Whilst the property is one title, the studio is rated separately to the main house, allowing for a B&B or granny flat to be created in the studio, which was previously the doctor’s surgery for the town.
“What you love about the property” (vendor perspective)
Period features give the home character and natural light floods each room.
The strategically planted garden offers privacy and a sense of serenity, but we can step through the front or back gate and it’s only a few minutes’ walk to the school or shops. The garden features a magnificent oak tree planted in 1894 which compliments the Japanese maples, pear tree, persimmon, magnolias, camellias, rhododendrons, azaleas and well-established trees.
The property has been a much-loved family home for us, an amazing place to live.
Listing description written by Paul Bohan, Bound Real Estate — reproduced as published, not verified by Districts.