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2405 Melbourne-Lancefield Road,
Romsey VIC 3434

This property is Off Market

All about Romsey Homes for sale in Romsey

The Average property price in this area is $1,071,679, this is based on recent transactions.
Internet speed Download 50 Mbps / Upload 20 Mbps
Distance to the coast 49.48 km
Potential bushfire risk 0 / 10
Report as to subsidence
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

Ray White 18 POPLAR DR, 380000 0 Beds - 0 Baths - 0 Parking Within 2.2 km Woodards 116 KNOX RD, $1,150,00 - $1,250,000 4 Beds - 2 Baths - 6 Parking Within 2.3 km Woodards 149 BARRY ST, By Private Appointment 4 Beds - 2 Baths - 2 Parking Within 3.9 km Woodards 10 WILLIAM ST, $1,650,000 - $1,750,000 Beds - Baths - Parking Within 3.9 km Woodards 13A WRIXON ST, $380,000 - $418,000 Beds - Baths - Parking Within 4.1 km Woodards 320 KNOX RD, $1,350,000 4 Beds - 2 Baths - 6 Parking Within 4.3 km Woodards 158 MAIN ST, $1,380,000 4 Beds - 2 Baths - 6 Parking Within 4.6 km

Recently Sold Properties in this Area

About Romsey

With an average age of 46, households expect an average monthly mortgage payment of $2,300 or a weekly rent payment of $378. The average family earns a weekly income of $2,470 with a typical household size of 2.8 and a 93.84% employment rate.

Consistent high demand relative to supply is a key feature in Romsey driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Romsey are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Romsey provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Romsey necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Romsey the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Public Transport

Clarkefield train

Riddells Creek train

Sunbury

Kyneton

Wandong

Woodend

Wallan

Donnybrook train

Heathcote Junction train

Kilmore East

General Points of Interest

Romsey Golf Course

Population

(Country of Birth not stated 12%)

Are people healthy?

There are a recorded 1129 asthma sufferers and 360 people living with diabetes. In addition, 519 people have a heart/vascular condition and 820 people live with three or more chronic diseases.

A good place to invest in property?

Romsey a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

56 / 100

52 / 100

Industry

09 / 100

17 / 100

Population

36 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

33 / 100

34 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Gisborne Secondary College Romsey Primary School
Gisborne Montessori School
New Gisborne, VIC, 3438 Independent Prep-6
Hesket Primary School
Hesket, VIC, 3442 State Prep-6
Braemar College
Woodend, VIC, 3442 Independent 5-12
Mount Macedon Primary School
Mount Macedon, VIC, 3441 State Prep-6
Romsey Primary School
Romsey, VIC, 3434 State Prep-6
Riddells Creek Primary School
Riddells Creek, VIC, 3431 State Prep-6
St Mary's School
Lancefield, VIC, 3435 Independent Prep-6
Lancefield Primary School
Lancefield, VIC, 3435 State Prep-6
Bolinda Primary School
Bolinda, VIC, 3432 State Prep-6

Property Story

2405 Melbourne-Lancefield Road, Romsey, Vic, 3434 is a residential property with 3 bedrooms, 1 bathrooms and Parking spaces. The estimated value of this home is $825,000 while properties of this type typically sell for between $520,000 and $1,350,000 in this suburb. The estimated distance to the sea is 49.48km and at least 1.21KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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134 Acme Avenue Street, Town, State

Description - Details the application. Type and other information pertaining to the development application and more...

Authority Reference: UX0909823-GOV Website

The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.

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