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Sales Activity
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Population
Romsey lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends
Romsey's population was approximately 10,765 people according to the 2021 Census. By August 2025, it is estimated to have increased to around 11,537 people, reflecting a growth of 772 individuals (7.2%) since the census date. This increase is inferred from the ABS's estimated resident population of 11,489 as of June 2024 and an additional 109 validated new addresses since the Census. The population density in Romsey is about 18.5 persons per square kilometer. Over the past decade, Romsey has shown steady growth with a compound annual growth rate of 2.2%, outperforming its SA3 area. Natural growth contributed approximately 53.3% to overall population gains during recent periods, with all migration factors also being positive contributors.
AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch employs the VIC State Government's Regional/LGA projections from 2023, adjusted using weighted aggregation methods to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Based on these projections, Romsey is forecasted to experience significant population growth, with an expected increase of 4,734 persons by 2041, representing a total gain of 40.6% over the 17-year period.
Frequently Asked Questions - Population
Development
AreaSearch assessment of residential development activity positions Romsey among the top 25% of areas assessed nationwide
Romsey has recorded approximately 123 residential properties granted approval annually. Development approval data is produced by the ABS on a financial year basis, showing 616 homes approved over the past five financial years from FY-20 to FY-25, with three already approved in FY-26. On average, 3.2 new residents are associated with each home built during these years. This supply lags behind demand, indicating heightened buyer competition and pricing pressures.
New dwellings are developed at an average expected construction cost of $578,000, which is higher than regional norms due to quality-focused development. In FY-26, $7.6 million in commercial development approvals have been recorded, reflecting the area's residential character. Compared to Greater Melbourne, Romsey has about three-quarters the rate of new dwelling approvals per person and ranks among the 60th percentile nationally.
Recent construction comprises 94.0% standalone homes and 6.0% townhouses or apartments, maintaining the area's low-density nature and attracting space-seeking buyers. The location has around 254 people per dwelling approval, suggesting room for growth. By 2041, Romsey is projected to grow by 4,686 residents. Development is keeping pace with projected growth, but increasing competition may arise as the population expands.
Frequently Asked Questions - Development
Infrastructure
Romsey has strong levels of nearby infrastructure activity, ranking in the top 30% nationally
Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified 19 projects that could affect this region. Notable ones include Kilmore-Wallan Bypass, Gisborne Business Park Development, C153 Willowbank Road Commercial Rezoning, and Macedon Ranges Sports Precinct. The following list details those likely to be most relevant.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
Frequently Asked Questions - Infrastructure
Merrifield Development
Victoria's largest mixed-use masterplanned development at 880 hectares creating a 24-hour city. Joint venture between MAB Corporation and Gibson Property Corporation featuring residential, commercial, retail, and employment opportunities. Set to become home to 20,000 residents with 7,000 homes, major shopping centre, and business district.
Gisborne Futures Structure Plan
Comprehensive planning framework for Gisborne and New Gisborne growth to 2050. Establishes settlement boundary, identifies future land uses for retail, employment, housing, open space. Proposes twin villages concept with new town centre for New Gisborne.
Kilmore-Wallan Bypass
Planning for a bypass to relieve traffic congestion and reduce heavy vehicles through Kilmore's main streets. Preferred alignment west of Kilmore and Wallan. Stage 1 focuses on the section west of Kilmore township, with recent approval of Planning Scheme Amendment C168mith effective September 5, 2024, to facilitate land acquisition.
Gisborne Business Park Development
New commercial and industrial development providing employment opportunities for Gisborne region. Mixed-use business park with technology focus, supporting local economic diversification beyond tourism and residential.
Macedon Ranges Sports Precinct
Major regional sports facility development providing multipurpose courts, ovals, and community facilities. Serving broader Macedon Ranges region with high-quality sports infrastructure for multiple codes and community events.
New Gisborne Development Plan Implementation
Planning framework for new growth area west of Station Road, New Gisborne. Adopted by Council March 2014, sets out development guidelines for expanded residential areas with conservation management requirements.
Willow Gisborne Community
House and land packages in established community in the heart of Gisborne, gateway to Macedon region, 45 minutes from Melbourne CBD. Delivered by ID_Land, part of ID_CORP's diversified property group with $4.5 billion portfolio.
Willowbank Primary School
New Victorian Government primary school delivered by the Victorian School Building Authority to serve growing families in Gisborne. The campus opened in 2022 with facilities including an administration and library building, performing arts and PE building, two learning neighbourhoods, outdoor courts, a sports field, bike storage and playgrounds. A co-located kindergarten operates on site.
Employment
Romsey ranks among the top 25% of areas assessed nationally for overall employment performance
Romsey has a skilled workforce with notable representation in the construction sector. Its unemployment rate was 2.3% as of June 2025, which is below Greater Melbourne's rate of 4.6%.
Employment growth over the past year was estimated at 4.2%. There were 6,642 residents employed by June 2025, with workforce participation on par with Greater Melbourne's 64.1%. Major employment sectors include construction, health care & social assistance, and education & training. Construction stands out with employment levels at 1.7 times the regional average.
However, professional & technical services show lower representation at 5.4% compared to the regional average of 10.1%. Over the year to June 2025, employment increased by 4.2% while labour force grew by 4.4%, leading to a rise in unemployment rate by 0.2 percentage points. In Greater Melbourne, employment grew by 3.5%, labour force expanded by 4.0%, and unemployment rose by 0.5 percentage points. State-level data as of Sep-25 shows Victoria's employment grew by 1.08% year-on-year, adding 39,880 jobs, with the state unemployment rate at 4.7%. Nationally, employment grew by 0.26%, and the unemployment rate was 4.5%. Jobs and Skills Australia's national employment forecasts from May 2025 project a 6.6% increase over five years and 13.7% over ten years. Applying these projections to Romsey's employment mix suggests local growth of approximately 6.0% over five years and 12.5% over ten years, though this is a simplified extrapolation for illustrative purposes only.
Frequently Asked Questions - Employment
Income
Income analysis reveals strong economic positioning, with the area outperforming 60% of locations assessed nationally by AreaSearch
AreaSearch's aggregation of latest postcode level ATO data released for financial year 2022 shows Romsey had a median income among taxpayers of $55,968 and an average level of $70,336. This is above the national averages of $54,892 and $73,761 respectively across Greater Melbourne. Based on Wage Price Index growth of 10.11% since financial year 2022, current estimates for Romsey would be approximately $61,626 (median) and $77,447 (average) as of March 2025. According to the 2021 Census, household, family and personal incomes in Romsey cluster around the 61st percentile nationally. Income analysis reveals 34.6% of Romsey's population (3,991 individuals) fall within the $1,500 - 2,999 income range, similar to the region where 32.8% occupy this bracket. After housing expenses, 86.3% of income remains for other expenses in Romsey, and the area's SEIFA income ranking places it in the 6th decile.
Frequently Asked Questions - Income
Housing
Romsey is characterized by a predominantly suburban housing profile, with ownership patterns similar to the broader region
Romsey's dwelling structure, as per the latest Census, was 98.2% houses and 1.8% other dwellings. In comparison, Melbourne metro had 94.7% houses and 5.3% other dwellings. Home ownership in Romsey was 36.1%, with mortgaged properties at 53.0% and rented ones at 10.9%. The median monthly mortgage repayment in Romsey was $1,928, lower than Melbourne metro's $2,014. The median weekly rent figure in Romsey was $365, compared to Melbourne metro's $400. Nationally, Romsey's mortgage repayments were higher at $1,928 versus the Australian average of $1,863, while rents were lower at $365 than the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Romsey features high concentrations of family households, with a lower-than-average median household size
Family households comprise 79.9% of all households, including 37.6% couples with children, 31.9% couples without children, and 10.0% single parent families. Non-family households account for the remaining 20.1%, with lone person households at 18.3% and group households comprising 1.8%. The median household size is 2.7 people, which is smaller than the Greater Melbourne average of 2.8.
Frequently Asked Questions - Households
Local Schools & Education
Romsey performs slightly above the national average for education, showing competitive qualification levels and steady academic outcomes
The area has university qualification rates of 22.1%, significantly lower than Greater Melbourne's average of 37.0%. Bachelor degrees are the most common at 15.2%, followed by postgraduate qualifications (3.6%) and graduate diplomas (3.3%). Vocational credentials are prevalent, with 40.7% of residents aged 15+ holding them - advanced diplomas at 11.9% and certificates at 28.8%. Educational participation is high, with 28.7% of residents currently enrolled in formal education, including 10.9% in primary, 8.7% in secondary, and 3.3% in tertiary education.
Romsey has a network of 7 schools educating approximately 872 students, with typical Australian school conditions (ICSEA: 1018) offering balanced educational opportunities. The educational mix includes 6 primary and 1 K-12 school. Local school capacity is limited at 7.5 places per 100 residents compared to the regional average of 16.4, leading many families to travel for schooling.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is low compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Romsey has 15 active public transport stops offering a mix of train and bus services. These stops are served by 16 different routes that together facilitate 619 weekly passenger trips. Accessibility to these stops is limited, with residents generally located 892 meters from the nearest one.
On average, there are 88 trips per day across all routes, which equates to roughly 41 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health outcomes in Romsey are marginally below the national average with common health conditions slightly more prevalent than average across both younger and older age cohorts
Romsey's health indicators show below-average outcomes with common health conditions slightly more prevalent than average across both younger and older age cohorts. Private health cover is very high at approximately 55% of the total population (~6,345 people), compared to 58.9% across Greater Melbourne.
The most common medical conditions are asthma (8.9%) and mental health issues (8.4%). 67.5% of residents declare themselves completely clear of medical ailments, compared to 69.3% across Greater Melbourne. Romsey has 18.7% of residents aged 65 and over (2,159 people). Health outcomes among seniors are above average, performing better than the general population in health metrics.
Frequently Asked Questions - Health
Cultural Diversity
Romsey is considerably less culturally diverse than average when assessed alongside AreaSearch's national rankings for language and cultural background related metrics
Romsey's population shows low cultural diversity, with 89.0% born in Australia, 91.2% being citizens, and 96.1% speaking English only at home. Christianity is the predominant religion, comprising 47.8%. Judaism, at 0.1%, is proportionally similar to Greater Melbourne's 0.1%.
The top three ancestry groups are Australian (30.8%), English (29.3%), and Irish (10.4%). Notably, Maltese representation in Romsey is higher than the regional average (1.8% vs 2.1%), as is Scottish (8.6% vs 8.8%) and Italian (4.0% vs 3.8%).
Frequently Asked Questions - Diversity
Age
Romsey's median age exceeds the national pattern
Romsey's median age is 41 years, which is notably higher than Greater Melbourne's average of 37 and slightly older than Australia's median of 38. The 55-64 age group is significantly over-represented in Romsey at 13.8%, compared to the Greater Melbourne average. Conversely, the 25-34 year-olds are under-represented locally at 10.7%. According to the 2021 Census, the 35-44 age group has increased from 12.3% to 14.2%, while the 75-84 cohort has risen from 4.9% to 6.4%. However, the 45-54 age group has decreased from 14.6% to 12.7%, and the 25-34 group has dropped from 12.1% to 10.7%. Future demographic projections indicate significant changes in Romsey's age profile by 2041, with the 45-54 cohort expected to grow by 57%, adding 839 residents to reach a total of 2,300.