FOR SALE
EXPRESSION OF INTEREST CLOSING 30th September 2023

90 Sheehans Road
Romsey VIC 3434

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 215ac
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One of the biggest land parcel in RLZ in Romsey

Raine & Horne Land Victoria is proud to present this land parcel in the Rural living Zone in Romsey.
This beautiful rural land spans across 215 acres and located within minutes' drive to Romsey Town Centre, making this property quite accessible and great investment opportunity for investors and land bankers. Future smaller lot potential STCA.
Romsey is a town in the local government area of the Shire of Macedon Ranges in the state of Victoria, Australia. The town is 61 kilometers north of Melbourne.
This property has a Five Mile Creek frontage, also consists of a seasonal dam, 2 bore wells and a windmill.
• Size - 215 Acres
• Zone - Rural Living Zone- Schedule 1
• 5 mins drive to Romsey Town Centre
• 1 hour drive to Melbourne CBD
• 30 mins drive to Sunbury.
• 40 mins drive to Melbourne Airport.
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Property Details for 90 Sheehans Rd, Romsey

Building Type
Commercial
Land Size
215ac

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About Romsey 3434

The size of Romsey is approximately 80.4 square kilometres. It has 1 park covering nearly 0.4% of total area. The population of Romsey in 2011 was 4,411 people. By 2016 the population was 4,739 showing a population growth of 7.4% in the area during that time. The predominant age group in Romsey is 40-49 years. Households in Romsey are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Romsey work in a trades occupation. In 2011, 85.3% of the homes in Romsey were owner-occupied compared with 83.5% in 2016.

Romsey has 2,829 properties. Over the last 5 years, Houses in Romsey have seen a 40.07% increase in median value, while Units have seen a 32.59% increase. As at 30 September 2024:

  • The median value for Houses in Romsey is $804,676 while the median value for Units is $544,944.
  • Houses have a median rent of $490 while Units have a median rent of $450.
There are currently 34 properties listed for sale, and 2 properties listed for rent in Romsey on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Romsey.

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Kevin Paghdar
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Rajwinder Singh
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