Romsey

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, as of November 2025, is approximately 11,556. This figure represents an increase of 791 people since the 2021 Census, which recorded a population of 10,765. The increase is inferred from the estimated resident population of 11,489 in June 2024 and an additional 116 validated new addresses since the Census date. This results in a population density ratio of 18.5 persons per square kilometer. Over the past decade, Romsey has shown resilient 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, although all drivers including interstate migration and overseas migration were positive factors.

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 released in 2023, adjusted using weighted aggregation methods from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Based on projected demographic shifts, Romsey is forecasted to experience significant population growth, with an expected increase of 4,734 persons by 2041, reflecting a total gain of 40.4% over the 17 years.

AreaSearch assessment of residential development activity positions Romsey among the top 25% of areas assessed nationwide

Romsey has recorded approximately 70 residential properties granted approval annually. Over the past five financial years, from FY-21 to FY-25, around 354 homes were approved, with an additional 12 approved so far in FY-26. On average, for every home built between FY-21 and FY-25, there have been approximately 3.2 new residents per year, indicating significant demand exceeding supply.

This typically leads to price growth and increased buyer competition. The average construction cost value of new properties is around $295,000, aligning with broader regional development trends. In terms of commercial development, Romsey has seen around $7.6 million in approvals this financial year, suggesting limited focus on commercial projects compared to residential ones.

When comparing Romsey's construction activity per person to Greater Melbourne, it shows approximately 75% of the activity while ranking among the 59th percentile nationally when assessed areas are considered. The majority of new development consists of standalone homes at 94.0%, with attached dwellings making up the remaining 6.0%, preserving Romsey's low-density nature and attracting space-seeking buyers. With around 254 people per dwelling approval, Romsey is experiencing a developing market. According to AreaSearch's latest quarterly estimate, Romsey's population is forecasted to grow by approximately 4,667 residents through to 2041. If current development rates continue, there may be insufficient housing supply to keep pace with population growth, potentially increasing buyer competition and supporting stronger price growth.

Romsey has moderate levels of nearby infrastructure activity, ranking in the 44thth percentile nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 19 projects that are likely to impact the area. Key projects include Kilmore-Wallan Bypass, Gisborne Business Park Development, C153 Willowbank Road Commercial Rezoning, and Macedon Ranges Sports Precinct. The following list details those most relevant.

Professional plan users can use the search below to filter and access additional projects.

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Employment conditions in Romsey demonstrate exceptional strength compared to most Australian markets

Romsey has a skilled workforce with an unemployment rate of 2.3% as of September 2025. This is below Greater Melbourne's rate of 4.7%.

Workforce participation in Romsey is on par with Greater Melbourne at 64.1%. The dominant employment sectors among residents include construction, health care & social assistance, and education & training. Construction shows particularly strong specialization, with an employment share of 1.7 times the regional level. Conversely, professional & technical services have lower representation at 5.4% compared to the regional average of 10.1%.

Employment levels in Romsey increased by 1.6% during the year to September 2025, while labour force grew by 1.7%, keeping unemployment relatively stable. State-level data from 25-Nov shows VIC employment grew by 1.13% year-on-year, with an unemployment rate of 4.7%. National employment forecasts suggest growth of 6.6% over five years and 12.5% over ten years for Romsey, based on industry-specific projections applied to its current employment mix.

Income analysis reveals strong economic positioning, with the area outperforming 60% of locations assessed nationally by AreaSearch

AreaSearch's latest postcode level ATO data for financial year 2022 shows that Romsey SA2 had a median income of $55,968 and an average income of $70,336. This is higher than the national averages of $54,892 (median) and $73,761 (average) for Greater Melbourne. Based on Wage Price Index growth of 12.16% since financial year 2022, current estimates suggest median income in Romsey would be approximately $62,774 and average income around $78,889 by September 2025. According to the 2021 Census, incomes in Romsey cluster around the 60th percentile nationally. The most common income bracket is $1,500 - $2,999, with 34.6% of residents (3,998 people) falling into this category, similar to the broader metropolitan region at 32.8%. After housing costs, 86.3% of income remains for other expenses. Romsey's SEIFA income ranking places it in the 6th decile.

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, consisted of 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 at 36.1%, similar to Melbourne metro's level. The remaining dwellings were either mortgaged (53.0%) or rented (10.9%). The median monthly mortgage repayment in Romsey was $1,928, lower than Melbourne metro's average of $2,014. Weekly rent in Romsey was recorded at $365, compared to Melbourne metro's $400. Nationally, Romsey's mortgage repayments were higher than the Australian average of $1,863, while rents were less than the national figure of $375.

Romsey features high concentrations of family households, with a lower-than-average median household size

Family households account for 79.9% of all households, consisting of 37.6% couples with children, 31.9% couples without children, and 10.0% single parent families. Non-family households make up the remaining 20.1%, with lone person households at 18.3% and group households comprising 1.8% of the total. The median household size is 2.7 people, which is smaller than the Greater Melbourne average of 2.8.

Romsey performs slightly above the national average for education, showing competitive qualification levels and steady academic outcomes

The area's university qualification rate is 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 and above 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.

This includes 10.9% in primary education, 8.7% in secondary education, and 3.3% pursuing tertiary education.

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 collectively facilitate 619 weekly passenger trips. Transport accessibility is rated as limited, with residents typically residing 892 meters away from the nearest stop.

Service frequency averages 88 trips per day across all routes, resulting in approximately 41 weekly trips per individual stop.

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 results, with common health conditions slightly more prevalent than average across both younger and older age groups. Private health cover is very high at approximately 55% of the total population (~6,355 people), compared to Greater Melbourne's 58.9%.

The most common medical conditions are asthma (affecting 8.9% of residents) and mental health issues (8.4%). A majority, 67.5%, report being completely clear of medical ailments, compared to Greater Melbourne's 69.3%. Romsey has 18.7% of residents aged 65 and over (2,163 people). Health outcomes among seniors are above average, performing better than the general population in health metrics.

Romsey is considerably less culturally diverse than average when assessed alongside AreaSearch's national rankings for language and cultural background related metrics

Romsey's cultural diversity was found to be below average, with 89.0% of its population born in Australia, 91.2% being citizens, and 96.1% speaking English only at home. Christianity was the main religion in Romsey, comprising 47.8% of people. Notably, Judaism was overrepresented, making up 0.1% of Romsey's population compared to 0.1% across Greater Melbourne.

In terms of ancestry, the top three groups were Australian (30.8%), English (29.3%), and Irish (10.4%). There were also notable differences in the representation of certain ethnic groups: Maltese was overrepresented at 1.8% in Romsey compared to 2.1% regionally, Scottish at 8.6% versus 8.8%, and Italian at 4.0% versus 3.8%.

Romsey's population is slightly older than the national pattern

Romsey's median age is 41 years, which is higher than Greater Melbourne's average of 37 and slightly older than Australia's median of 38. Compared to Greater Melbourne, Romsey has a notably higher percentage of the 55-64 cohort (13.8% locally) and a lower percentage of 25-34 year-olds (10.7%). Post-2021 Census, the 35-44 age group grew from 12.3% to 14.2%, while the 75-84 cohort increased from 4.9% to 6.4%. Conversely, the 45-54 cohort declined from 14.6% to 12.7% and the 25-34 group dropped from 12.1% to 10.7%. Demographic projections suggest Romsey's age profile will significantly change by 2041, with the strongest growth in the 45-54 cohort, projected to increase by 57%, adding 837 residents and reaching a total of 2,300.