Suburb Profile Report for Rosebery NSW (2018)

Rosebery House: Median price $1,695,000, Annual capital growth 10.06%, Number of sales 60, Weekly median advertised rent $765

Rosebery Unit: Median price $850,000, Annual capital growth 8.41%, Number of sales 276, Weekly median advertised rent $630

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

At number 1914th in the list of Australian suburbs ordered by increase in median house value over the last year, Rosebery, 2018 is in the top half with a property value increase of 5.94% recorded in median house prices.

While Rosebery,2018 ranked number 1180th in NSW for increase in median house value (annualised) increase, it is ranked 115th over the last 5 years.

At number 248 in a list of fastest selling suburbs, Rosebery is in the TOP 10% of suburbs in Australia with an average of days on market 40 for properties listed there.

A $765 per week rent on the median house gives suburb investors a gross yield of circa 2.35%, without taking into account capital value appreciation, which has been averaging out at 10.06%.

At number 1184th in the list of Australian suburbs ordered by increase in median house value over the last year, Rosebery, 2018 is in the BOTTOM 40% with a property value increase of -0.87% recorded in median house prices.

Rosebery,2018 has offered an average of -0.87% return per annum in house price rises to property investors over the last three years.

The most recent median price for Rosebery is $850000, with sellers offering an average of -3.76% off the asking price.

Situated 1.89km from the CBD, Rosebery is one of Sydney localities in the postcode 2018.

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Rosebery is nestled between Mascot and Beaconsfield, 6km south of the Sydney CBD. Accessibility to the CBD is excellent, with high speed rail links to the city located in nearby Mascot and Green Square. This line also connects to Sydney airport, which is less than 3km away. Full summary

Rosebery is nestled between Mascot and Beaconsfield, 6km south of the Sydney CBD. Accessibility to the CBD is excellent, with high speed rail links to the city located in nearby Mascot and Green Square. This line also connects to Sydney airport, which is less than 3km away.

The Southern Crossway also provide road access to the CBD and eastern suburbs. Meanwhile, the inner west is also easily accessible, with Newtown being only 3km away.

There are substantial retail amenities in Rosebery, a large proportion of which are located on Gardeners Road. There is also a large shopping centre in Eastlakes with a wide range of stores. The Royal South Sydney Community Health Complex is located in neighbouring Beaconsfield. The northern part of Rosebery is also benefitting significantly from urban renewal works intended to revitalise the Alexandria and Green Square areas.

The project, one of the largest in Australia, will create  a new ‘town centre’ at the junction of Botany Road, Bourke Street and O'Riordan Street, with light rail connecting it to suburbs in the east, west and south as well as the CBD. The town centre will include a new library and sports centre, as well as a large number of new dwellings. The City of Sydney says that 5,700 new dwellings have been built since 2,000, bringing in 11,000 new residents, and estimates that Green Square will house about 40,000 residents and attract about 22,000 workers by 2030.

This redevelopment is likely to improve the suburb’s already strong investment fundamentals. The median unit price is relatively affordable, rental yields are solid and vacancy rates are minimal.

Long-term growth is likely to be boosted by the ongoing urban renewal around Green Square. However, investors will be best served by sticking close to Gardeners Road at present, with locals recommending nearby side roads like Tramway Street.

Close
Metrics i HOUSE UNIT
$1,695,000 $850,000
-0.59% 2.72%
5.94% -0.87%
10.06% 8.41%
$765 $630
60 276
2.35% 3.85%
40 60.48

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 8479
Median household income ($/weekly) 1524
Median age of persons 35
Median housing loan repayment ($/monthly) 2300
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 872 10.3
    25-34 years 1692 20.0
    35-44 years 1371 16.2
    45-54 years 1040 12.3
    55-64 years 841 9.9
    Others 2663 31.4
    Age Group
    Census Count Percent(%)
    Registered Married 3074 48.5
    Not Married 2729 43.1
    Defacto Relationship 536 8.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 3847 50.2
    Croatia 534 7.0
    Hong Kong 436 5.7
    Iraq 259 3.4
    Other 997 13.0
    Others 1594 20.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 341 4.6
    Christianity 4920 65.7
    Islam 489 6.5
    Judaism 195 2.6
    No Religion 1404 18.7
    Others 142 1.9
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 230 8.7
    $1,250-$1,499 217 8.3
    $1,500-$1,999 344 13.1
    $2,000-$2,499 298 11.3
    $2,500-$2,999 263 10.0
    Others 1278 48.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2847 44.3
    Not in the labour force 2129 33.1
    Employed, worked part-time 1030 16.0
    Employed, away from work 233 3.6
    Unemployed, looking for work 193 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 557 13.6
    Professionals 1074 26.2
    Technicians & trades workers 486 11.8
    Community & personal service workers 363 8.8
    Clerical & administrative workers 711 17.3
    Others 916 22.3
    Occupation
    Census Count Percent(%)
    Pre-school 109 5.8
    Infants/Primary 537 28.5
    Secondary 390 20.7
    Technical or Further Educational Institution 168 8.9
    University or other Tertiary Institutions 583 31.0
    Others 96 5.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3832 49.7
    Flat, unit or apartment 3334 43.2
    Semi-detached, row or terrace house, townhouse 488 6.3
    House or flat attached to a shop, office 60 0.8
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 965 33.6
    Being purchased 959 33.4
    Fully owned 930 32.4
    Other tenure type 16 0.6
    Tenure Type
Census 2011, ABS
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