OFF MARKET

2665 Melbourne-Lancefield Road
Romsey VIC 3434

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 349m2
Land area: 1500m2
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Property Details for 2665 Melbourne-Lancefield Rd, Romsey

2665 Melbourne-Lancefield Rd, Romsey is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 2015. The property has a land size of 1500m2 and floor size of 349m2. While the property is not currently for sale or for rent, it was last sold in March 2014.

Building Type
House
Year Built
2015
Floor Size
349m2
Land Size
1500m2
Local Government
Macedon Ranges
Lot/Plan
2/PS721736

Last Listing description (May 2011)

RESIDENTIAL DEVELOPMENT SITE - ROMSEY
FOR SALE By Expression of Interest - Closing Friday 1 April @ 4pm (if not sold before)
RESIDENTIAL DEVELOPMENT SITE

- 58.2 Ha (143.8 acres) approx.
- 28 Ha approx. proposed to be rezoned to Residential 1 (pursuant to Romsey ODP)
- POTENTIAL YIELD OF 185 RESIDENTIAL ALLOTMENTS
Romsey was established in the 1850's and is located 63km approx. north of the Melbourne CBD. It is the major town in the east of the Shire of Macedon Ranges and is located on the Lancefield - Melbourne Road.
Romsey is experiencing increased growth pressures due to its appeal to those who prefer to live outside metropolitan Melbourne and commute to Melbourne for work. Population projections suggest that the population will increase to around 5,100 people at 2021, equating to demand for about 650 new dwellings. Romsey and its residents have strong links to Sunbury and the Airport corridor in Melbourne for employment and commerce.
OUTSTANDING OPPORTUNITY
Further details, please contact;
Rowan Thompson on 0412 627 714 or rowan@thompsonmay.com.au

Property History for 2665 Melbourne-Lancefield Rd, Romsey, VIC 3434

A timeline of how this property has performed in the market
Last Sold
$215,000
15 Mar 2014
  • 15 Mar 2014
    Sold for $215,000
  • 06 Mar 2011
    Listed for Sale EXPRESSION OF INTEREST

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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 2,832 properties. Over the last 5 years, Houses in Romsey have seen a 34.61% increase in median value, while Units have seen a 33.14% increase. As at 30 November 2024:

  • The median value for Houses in Romsey is $799,776 while the median value for Units is $552,764.
  • Houses have a median rent of $490 while Units have a median rent of $450.
There are currently 36 properties listed for sale, and 1 property listed for rent in Romsey on OnTheHouse. According to CoreLogic's data, 86 properties were sold in the past 12 months in Romsey.

Suburb Insights for Romsey 3434

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.