The housing market in Roma, located in the Maranoa region of Queensland, presents a unique blend of affordability and opportunity, typical of many rural Australian towns. Known historically as an agricultural and resource-based economy, Roma has experienced fluctuations in housing demand and prices corresponding with its economic cycles. As of recent trends, the market remains relatively stable, with median house prices offering a more affordable entry point compared to larger metropolitan areas. This affordability makes Roma an attractive option for first-time buyers, families, and retirees looking for a more relaxed, rural lifestyle. Additionally, the local government and community initiatives focusing on sustainable development and infrastructure improvements continue to bolster the attractiveness of the area, offering potential for future growth.
Living in Roma offers a quintessential small-town Australian experience, characterized by a warm community spirit and a slower pace of life. Residents enjoy the benefits of a close-knit community where local events, such as the Easter in the Country Festival and the Roma Cup, bring the town together and foster a strong sense of belonging. The lifestyle is particularly appealing to those who appreciate outdoor activities, given Roma's proximity to various natural attractions like Carnarvon Gorge and the expansive landscapes of the Outback. Despite its rural setting, Roma is well-equipped with essential amenities, including schools, healthcare facilities, and shopping centers, ensuring convenience for its residents. The blend of rural charm and urban conveniences makes Roma a unique and inviting place to call home, perfect for those seeking an escape from the hustle and bustle of city life.
Median Weekly Rent | $248.69 |
Median Monthly Mortgage | $1247.69 |
Median Persons Per bed houseroom | 0.72 |
Average Household Size | 2.25 |
Average Age | 34.94 |
Average Income | $939.81 |
Average Cars Per Dwelling | 1.77 |
Average Properties Within 50M | 8 |
Typical 1 bed house | $323,000 |
Typical 2 bed house | $404,000 |
Typical 3 bed house | $459,000 |
Typical 4 bed house | $569,000 |
Typical 5 bed house | $612,000 |
Typical 6 bed+ house | $485,000 |
Housing Stock
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Thinking about buying in Roma? Now could not be a better time, with 5733 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $470,000 with prices in this suburb ranging from $57,000 to $3,273,000. The aproximate distance to the coast is 374 Km.
In Roma there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Roma due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Roma 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 Roma necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Instant Property ValuationSt John's School
Roma State College
(While the above schools are located with the suburb of Roma there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Mar | 3.1 | 17.7 | 31.9 | 35.7 | 85.4 | 3.7 | 20.2 |
Apr | 0.6 | 12.3 | 28.7 | 30.8 | 86.1 | 2.9 | 18.6 |
May | 0.7 | 7.0 | 23.6 | 33.7 | 89.0 | 2.8 | 15.0 |
Jun | 1.0 | 5 | 20.5 | 39.2 | 91.5 | 2.8 | 13.1 |
Jul | 0.4 | 3.4 | 20.9 | 33.3 | 88.5 | 3.0 | 14.2 |
Aug | 0.7 | 4.4 | 23.6 | 23.5 | 79.3 | 3.3 | 17.2 |
Sept | 0.9 | 8.7 | 27.5 | 21.8 | 74.0 | 3.7 | 21.4 |
Oct | 0.8 | 13.2 | 30.7 | 21.5 | 72.1 | 4.2 | 24.2 |
Nov | 1.7 | 17.5 | 33.6 | 22.1 | 70.9 | 4.5 | 27.0 |
Dec | 2.8 | 19.9 | 34.5 | 25.6 | 73.7 | 4.4 | 27.0 |
Jan | 1.6 | 21.3 | 35.2 | 27.1 | 73.3 | 4.6 | 26.2 |
Feb | 3.8 | 19.8 | 33.4 | 33.2 | 80.8 | 4.0 | 23.8 |
source: Australian Government Bureau of Meteorology
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