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Romaine
AREA REPORTS

Romaine

Romaine - SUBURB PROFILE REPORT
POSTAL CODE: TAS, 7320

house

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 1.08% growth over a ten-year period. It ranks 3592nd on our list of suburbs that property investors should look into.

ROMAINE, 7320 in TAS belongs to the local government area of Burnie (C).

ROMAINE, 7320 has a capital gain of 0% for the past year, which is lower than average compared to its 12.73% growth within a five-year period.

With the median home price in ROMAINE sitting at $310,000, and the average rent at $350, property owners could potentially earn a 5.87% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in ROMAINE are low, as opposed to average gains per annum over the past five years.

Data report can be found below

Romaine
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $310,000 N/A
GROWTH REPORT
Median Quarterly 0% N/A
Median 12 month 0% N/A
Median 3 years 10.71% N/A
Median 5 years 12.73% N/A
10 years average annual 1.08% N/A
Weekly media advert. rent $350 N/A
Time on Market 47.4 days N/A
Gross Rental Yield Percent 5.87% N/A
demographics (median values)*
Total Population
16238
Weekly Household Income
964
Household Size
2.30
Age
40
Monthly Loan Repayment
1083
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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