21 Mercedes Place

Romaine TAS 7320

The size of Romaine is approximately 7.5 square kilometres. It has 5 parks covering nearly 20.8% of total area. The population of Romaine in 2011 was 1,739 people. By 2016 the population was 1,729 showing a population decline of 0.6% in the area during that time. The predominant age group in Romaine is 40-49 years. Households in Romaine are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Romaine work in a trades occupation. In 2011, 77% of the homes in Romaine were owner-occupied compared with 77% in 2016.

Romaine has 859 properties. Over the last 5 years, Houses in Romaine have seen a 66.80% increase in median value, while Units have seen a 93.41% increase. As at 31 July 2024:

• The median value for Houses in Romaine is $448,599 while the median value for Units is $340,565.
• Houses have a median rent of $433 while Units have a median rent of $345.