Roma (postcode 4455) is a mid-sized suburb in Queensland within the Maranoa local government area. The area has roughly 6,838 residents and a mix of families and early-career residents, with a median age of 35. Households earn a median income of $89K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.3% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, professionals, clerical & administrative. Employment in the area leans toward healthcare and public admin & safety. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Roma is $340,000, having risen steeply by 17.2% over the past year. Units have a median price of $365,000 (-16.7% YoY). The current median weekly rent is $445. This gives a gross rental yield of approximately 6.8%. The median monthly mortgage repayment is $1,300.
Roma is served by 2 schools, including 2 combined. The average ICSEA score is 944, which is below the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Maranoa LGA is moderate at 4,293 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 6.8% (high yield). Property prices sit below the state median ($340K/$1.1M), which can point to relative value. The price-to-income ratio of 3.8x is considered affordable. House prices have moved +17.2% year-on-year. Population growth of +0.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.