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 4.5% and has experienced a 12-month capital growth of Up 5.9%, with a median house buy price of $580,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
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$547,500
$732,000
$580,000
Suburb Market Profile
Last month Romaine had 2 properties available for rent and 12 properties for sale. Median property prices over the last year range from $580,000 for houses to $403,000 for units. If you are looking for an investment property, consider houses in Romaine rent out for $480 PW with an annual rental yield of 4.5% and units rent for $370 PW with a rental yield of 5.0%. Romaine has seen an annual compound growth rate of 5.9% for houses and 26.4% for units.
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