Auction Times
Sat 20 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 158 Main Street 4 2 2 House | 11:00 AM Sat 20th Apr | Bound Real Estate |
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $317,000 | 0.0% | $180,000 | $632,000 | 87 |
| 2010 | $369,000 | +14.1% | $180,000 | $1,785,000 | 106 |
| 2011 | $400,000 | +7.8% | $209,000 | $969,000 | 79 |
| 2012 | $385,000 | -3.9% | $239,000 | $1,950,000 | 68 |
| 2013 | $420,000 | +8.3% | $207,500 | $900,000 | 68 |
| 2014 | $400,000 | -5.0% | $200,000 | $2,100,000 | 70 |
| 2015 | $440,000 | +9.1% | $210,000 | $5,550,000 | 78 |
| 2016 | $450,000 | +2.2% | $240,000 | $1,100,000 | 81 |
| 2017 | $501,000 | +10.2% | $227,000 | $1,900,000 | 96 |
| 2018 | $570,000 | +12.1% | $310,000 | $2,030,000 | 77 |
| 2019 | $585,000 | +2.6% | $352,500 | $1,675,000 | 61 |
| 2020 | $642,000 | +8.9% | $324,000 | $2,400,000 | 104 |
| 2021 | $820,000 | +21.7% | $415,000 | $3,015,000 | 117 |
| 2022 | $850,000 | +3.5% | $480,000 | $3,200,000 | 83 |
| 2023 | $770,000 | -10.4% | $450,000 | $2,485,000 | 80 |
| 2024 | $790,000 | +2.5% | $495,000 | $930,000 | 15 |
Median Sale Price
$790K
Based on 69 recorded sales within the last 12 months
Updated on 18 Apr 2024
Suburb Growth
-4.1%
Current Median Price: $790,000
Previous Median Price: $822,000
Based on 145 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $320 | 0.0% | $250 | $400 | 24 |
| 2012 | $320 | 0.0% | $210 | $525 | 24 |
| 2013 | $350 | +8.6% | $250 | $480 | 57 |
| 2014 | $340 | -2.9% | $250 | $595 | 40 |
| 2015 | $340 | 0.0% | $240 | $650 | 51 |
| 2016 | $350 | +2.9% | $250 | $550 | 37 |
| 2017 | $390 | +10.3% | $310 | $810 | 29 |
| 2018 | $450 | +13.3% | $320 | $750 | 22 |
| 2019 | $440 | -2.3% | $360 | $890 | 32 |
| 2020 | $450 | +2.2% | $290 | $700 | 31 |
| 2021 | $450 | 0.0% | $365 | $650 | 29 |
| 2022 | $480 | +6.3% | $380 | $1,000 | 37 |
| 2023 | $460 | -4.3% | $360 | $900 | 39 |
| 2024 | $500 | +8.0% | $400 | $590 | 8 |
Median Rent Price
$460
per week
Based on 36 recorded rent within the last 12 months
Updated on 18 Apr 2024
Rent Price Growth
-8.7%
Current Median Rent: $460
Previous Median Rent: $500
Based on 75 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3%
Current Median Price: $790,000
Current Median rent: $460
Based on 105 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Romsey
Houses sold in Last 12 months ends 13 Apr 2024
$725K
Median Sale Price
43%
Clearance Rate
11/26
Sold/Reported
$1.5M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.4 M - $1.6 M | 2 | |
| $800 K - $1 M | 2 | |
| $600 K - $800 K (Median Price Range) | 6 | |
| $400 K - $600 K | 1 | |
Similar Suburbs to Romsey 3434
Based on median house sale price sold in last 12 months
Schools closest to Romsey, VIC 3434
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Romsey Primary School | 2-56 STATION STREETRomsey 3434 | Primary | Government | 0.78 km |