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Roma suburb profile

Roma is a charming rural town located in the Maranoa Region of Queensland, known for its rich agricultural heritage and vibrant community spirit. As a key service centre for the surrounding agricultural and pastoral lands, Roma plays a crucial role in the region's economy. The town is famous for its cattle sales, being home to the largest cattle-selling complex in the Southern Hemisphere. Visitors and residents enjoy a range of local attractions, including the Big Rig, which showcases the area's oil and gas history, and the picturesque Carnarvon National Park nearby. With a welcoming atmosphere and a strong sense of community, Roma offers a unique blend of country living and modern amenities.

Roma property market performance

Current median dwelling price$370,000Past 3 months

Property growth+14.0%Past 12 months

Roma's property market has experienced significant growth over the past 12 months, with house values increasing by 18.8%. The current median house price stands at $515,000. Although unit values have also seen a rise of 9.3%, the market for units remains limited, with only three units sold in the past year and a median unit price not available.

Sales activity for houses has been robust, with 39 houses sold over the last 12 months. Houses are selling relatively quickly, with a median of 34 days on the market, indicating strong demand. The unit market, however, shows minimal activity, reflecting a lack of supply or demand.

In the rental market, house rents have increased by 12.9% over the last year, with an average rent of $500. Unit rents have seen a modest rise of 3.3%, averaging $315, suggesting a stronger demand for house rentals in Roma.

HousesUnits
Median price
Past 3 months
$515KN/A
Change in value
Past 12 months
18.8%9.3%
Sold
Past 3 months
393
Median days on market
Past 12 months
34N/A
Average rent
Past 12 months
$500$315
Change in rent
Past 12 months
12.9%3.3%

5 year median price trend for houses and units

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Roma demographics

Roma, located in the Maranoa Region of Queensland, is a charming rural town known for its rich history and vibrant community spirit. With a population of 6,838, Roma serves as a regional hub, offering a blend of country living with essential amenities. The median age of 35 suggests a balanced mix of young families, professionals, and long-term residents who appreciate the town's relaxed pace and community-focused lifestyle.

Family life is a significant aspect of Roma, with 42.4% of households being couple families with children, and 38.7% being couples without children. This indicates a strong family presence, supported by local schools, parks, and community events that cater to families. One-parent families make up 17.3% of the community, reflecting a diverse range of family structures within the suburb.

Housing in Roma is varied, with 25.7% of properties owned outright and 27.1% owned with a mortgage, indicating a stable property market with opportunities for both established homeowners and new buyers. The rental market is also significant, with 47.2% of properties being rented, appealing to those seeking flexibility or temporary accommodation, often linked to the town's role as a service center for the surrounding agricultural areas.

Roma's economy is largely driven by agriculture, particularly cattle and sheep farming, as well as the oil and gas industries. This economic base provides employment opportunities and supports local businesses, contributing to the town's resilience and growth. The combination of economic opportunities, community spirit, and a family-friendly environment makes Roma an attractive place for those seeking a balanced rural lifestyle.

Roma infrastructure, key developments and investment opportunities

Roma continues to benefit from its role as the administrative centre of the Maranoa Region and a major service hub for the surrounding oil, gas and agricultural industries, supporting stable local employment and underpinning housing demand.[3][4] The town’s position at the junction of the Warrego and Carnarvon highways and on the Western Railway Line ensures strong freight and commuter connectivity, which is a long-term positive for both residential and commercial property markets.[3]

Local amenities such as multiple shopping centres, sporting facilities, galleries and museums improve livability and help attract families and workers to the area.[2] There are no widely publicised new transport links, major school builds or large-scale urban redevelopment projects specific to Roma at this time, so near-term property market movements are more likely to be driven by broader regional economic conditions and incremental upgrades rather than single headline infrastructure projects.[3][4]

Roma rental market trends

The rental market in Roma has experienced notable growth, with house rents increasing by 12.9% over the past year to $500 per week, while unit rents have seen a modest rise of 3.3% to $315 per week. As a regional hub with expanding infrastructure and services, Roma offers promising opportunities for both renters and investors seeking stable returns in a growing community.

Suburbs near Roma

Some popular suburbs near Roma include:

How does Roma compare to nearby suburbs?

  • Median house prices: Roma’s median house price is 32.1% higher than Miles’s.
  • House price growth: Over the past 12 months, house prices in Roma have grown 26.0% higher than in Mitchell.
  • Unit price growth: Property prices in nearby Miles have risen 21.9% more than in Roma over the past year.
  • Selling speed for houses: Properties in Roma are selling 48.5% faster than in Mitchell.

Common questions about Roma

  • Is Roma a nice place to live?

    Roma is a delightful rural town that offers a unique blend of country charm and modern conveniences, making it a lovely place to call home. Known for its rich agricultural heritage, Roma provides a peaceful lifestyle with a strong sense of community, which is perfect for families seeking a nurturing environment. The town's vibrant community spirit is evident in its local events and friendly atmosphere, making it easy for newcomers to feel welcome and integrated.

    Families will appreciate Roma's family-friendly vibe, supported by local schools, parks, and community activities that cater to children and parents alike. The town's proximity to essential amenities, including shopping centres, sporting facilities, and cultural attractions, ensures that residents have access to everything they need without the hustle and bustle of city life. Safety is generally not a major concern, contributing to the overall appeal for those looking to raise a family in a secure and supportive environment.

    While Roma offers a fantastic rural lifestyle, there are some trade-offs to consider. The town lacks the extensive nightlife and entertainment options found in larger urban areas, which might not appeal to those seeking a more dynamic social scene. Additionally, while Roma serves as a key service hub, its economic opportunities are primarily tied to agriculture and the oil and gas industries, which may limit career options for some professionals.

    Overall, Roma is a charming place to live for those who value community, tranquility, and a connection to nature. Its welcoming atmosphere, combined with the convenience of modern amenities, makes it an attractive option for families and individuals seeking a balanced and fulfilling rural lifestyle.

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  • Is it expensive to live in Roma?

    Living in Roma can be considered relatively affordable compared to many urban areas in Queensland. The median house price in Roma is around $515,000, which is significantly lower than the prices you'd find in larger cities like Brisbane. Additionally, the average rent for houses is approximately $500 per week, and for units, it's about $315 per week, making rental options quite reasonable.

    When comparing the average wage in Roma, which is about $73,000 per year, to the median total household income weekly of $1,706, it suggests that the cost of living is manageable for those earning around the average wage. This income level allows for a comfortable lifestyle in Roma, considering the housing and rental prices. In contrast, living in more metropolitan areas often requires a higher income to maintain a similar standard of living.

    Overall, if you're thinking of living in Roma, you'll find that it offers a more budget-friendly lifestyle compared to many other parts of Queensland. The combination of affordable housing, reasonable rents, and a decent average wage makes it an attractive option for those looking to balance cost with a relaxed, regional lifestyle.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Roma a good place to invest?

    Roma is showing promising signs as a potential investment hotspot, particularly for those interested in the housing market. Over the past year, the suburb has experienced a significant 18.8% increase in median house values, indicating strong capital growth. This surge suggests a robust demand for properties, which is further supported by a 12.9% rise in house rents. Such trends highlight Roma's appeal to both buyers and renters, making it an attractive option for investors seeking capital appreciation and rental income.

    While the unit market in Roma has seen a more modest growth of 9.3% in median values and a 3.3% increase in rents, it still presents a viable opportunity for those looking for steady returns. The overall positive trajectory in both house and unit markets suggests that Roma is benefiting from a growing interest in regional areas, possibly driven by lifestyle changes and affordability compared to larger cities.

    In summary, Roma offers a compelling investment opportunity, particularly in the housing sector, with its strong recent growth in property values and rental yields. This makes it an appealing choice for investors looking to capitalize on the upward trends in regional property markets.

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Choose the right real estate agents in Roma

There are 17 real estate agents in Roma, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 87.8% of all sales in the past year.

Commission rates in Roma typically range from 1.5% to 3.25%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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