Side by sideSuburb comparison

Romsey vs Lancefield.

Comparing two suburbs with median house prices of $705,000 and $740,000. Romsey edges out on more headline metrics in this comparison.

Romsey (median $705,000) is roughly 5% cheaper to buy into than Lancefield ($740,000).

On school quality, the average ICSEA across schools serving Romsey (1058) sits above Lancefield (1054).

The takeWhich suburb suits which buyer

For buyers

Romsey is the lower entry point at $705,000 median, 5% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Romsey offers the higher gross rental yield (2.74% vs 2.53%), favouring cash-flow investors.

For families

Romsey edges out on average school ICSEA (1058 vs 1054).

Common questionsRomsey vs Lancefield

Common questions

Is Romsey or Lancefield cheaper to buy in?

Romsey has the lower median house price at $705,000, roughly 5% below Lancefield ($740,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Romsey or Lancefield have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Romsey scores 1058 vs 1054 in Lancefield. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which suburb has higher rental yield, Romsey or Lancefield?

Gross rental yield on houses is 2.74% in Romsey vs 2.53% in Lancefield. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.

The numbers behind the take

Romsey
Metric
Lancefield

Price & Market

$705,000
Median house
$740,000
$553,500
Median unit
$285,120
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$371/wk
Rent (house / wk)
$360/wk
$380/wk
Rent (unit / wk)
$360/wk
86.0%
Owner occupied
87.0%
10.0%
Renter occupied
11.0%

Lifestyle & Demographics

10
Walk score
0
Transit score
0
Bike score
5,797
Population
2,743
38
Median age
41

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
14
1058
Avg ICSEA
1054

Climate

639 mm
Annual rainfall
639 mm
25.9°C
Mean max (Jan)
25.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).