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Investment Property Romaine, TAS, 7320

Suburb Snapshot

Romaine is a suburb in the Burnie Region of Tasmania. Romaine has a population of 1,707 people and 18.71% of its occupants live in rental accommodation. The median listing price for houses is $499,000 and this has changed -3.49% over the past year and changed 0.00% over 2 years.

The median rent in Romaine for houses is $445 per week and the median rental yield is 4.63%. Stock on the market for houses/townhouses has changed 0.00% compared to last year and the average time to sell a house/townhouse is 111 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Romaine is $310 per week, producing a rental yield of NA.

Supply & Demand in Romaine, Burnie

1.19%

Current vacancy rate


9

Rental stock available


1,707

Population


18.71%

Rental population


0.71%

Current vacancy rate


69

Rental stock available


18,891

Population


27.61%

Rental population


0.51%

Current vacancy rate


1,414

Rental stock available


509,956

Population


23.11%

Rental population


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Statistical data for Romaine, Burnie

  House Townhouses Units
Median listing price $499,000 NA NA
Median price change - last quarter 0.00% NA NA
Median price change - 1 year -3.49% NA NA
Median price change - 2 years 0.00% NA NA
  House Townhouses Units
Median weekly rent $445 NA $310
Median yield % 4.63% NA NA
Median rent change - 1 year 5.95% NA -11.43%
  House Units
Previous month sales 3 0
Stock on market previous month 11 0
Stock variance vs. last year 0.00% -100.00%
Average days on market 111 NA

Romaine investment property listings

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