Suburb Profile
Romaine - FREE SUBURB PROFILE REPORT POSTAL CODE: TAS,7320
Based on its average 5-year and quarterly capital gains ROMAINE, 7320 saw average growth in the long term.
A survey of average capital gains or median home price increase in suburbs across the country shows that ROMAINE, 7320 obtained a 1.49% growth over a ten-year period. It ranks 3412th on our list of suburbs that property investors should look into.
ROMAINE, 7320 in TAS belongs to the local government area of Burnie.
ROMAINE, 7320 has a capital gain of 8.11% for the past year, which is higher than average compared to its -6.45% growth within a five-year period.
With the median home price in ROMAINE sitting at $290,000, and the average rent at $315, property owners could potentially earn a 5.65% increase in gross rental yield.
Figures from the previous quarter show that capital gains for real estate buyers in ROMAINE are high, as opposed to average gains per annum over the past five years.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $290,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3.57% | N/A |
| Median 12 month | 8.11% | N/A |
| Median 3 years | 5.45% | N/A |
| Median 5 years | -6.45% | N/A |
| 10 years average annual | 1.49% | N/A |
| Weekly media advert. rent | $315 | N/A |
| Time on Market | 91.2 days | N/A |
| Gross Rental Yield Percent | 5.65% | N/A |
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