ROMAINE 7320
State: TASPosiProp AI Investment Summary
ROMAINE (TAS 7320) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.6% and has experienced a 12-month capital growth of Up 16.6%, with a median house buy price of $588,001. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
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$570,000
$705,000
$588,001
Suburb Market Profile
Last month Romaine had 3 properties available for rent and 9 properties for sale. Median property prices over the last year range from $588,001 for houses to $388,000 for units. If you are looking for an investment property, consider houses in Romaine rent out for $478 PW with an annual rental yield of 4.6% and units rent for $360 PW with a rental yield of 4.8%. Romaine has seen an annual compound growth rate of 16.6% for houses and 19.4% for units.