Comprising of 26.066 HA (64.40 Acres) with a partly renovated 3 bedroom home having a north easterly aspect, barn, central laneway, well fenced, watered by dams and town water and with excellent highway and road frontage, this property has been admired by many and now is the time to purchase.
The outstanding balance of level to slightly undulating red basalt soil is ideal for any type of agricultural pursuit, currently running 40 head of fat cattle and being positioned so close to town offers a unique lifestyle.
The property would be ideal for family living, being close to primary and secondary schools, university, hospital and sporting facilities. Burnie CBD is within 10 minute drive and Wynyard Airport 15-20 minutes away (55 minute flight to Melbourne).
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 64.98% increase in median value, while Units have seen a 85.54% increase. As at 31 October 2024:
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