Suburb Profile Report for Rosetta TAS (7010)

Rosetta House: Median price $365,000, Annual capital growth 3.45%, Number of sales 53, Weekly median advertised rent $368

Rosetta Unit: Median price $255,800, Annual capital growth 6.23%, Number of sales 20, Weekly median advertised rent $285

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Rosetta, 7010 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this TAS suburb was 10.61%.

Across a shorter period, Rosetta, 7010 has seen a median price increase of 4.29% over the last quarter.

Sellers are offering property buyers an average discount of -6.59% to buyers in Rosetta at the moment, which is less than average for the rest of TAS.

Often selling an investment property can take time, and in Rosetta the average time real estate has been on the market is 47.43 days.

Using the current median advertised rental of $367.5 and the average annual increase in value of a median property of 3.45%, investors should hope to achieve an overall return of 5.24%

At number 298th in the list of Australian suburbs ordered by increase in median house value over the last year, Rosetta, 7010 is in the top 20% with a property value increase of 13.69% recorded in median house prices.

Rosetta,7010 has offered an average of 13.69% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Rosetta is giving property investors an average Vendor Discount of around -3.83%. This puts suburb at number 42th in TAS when ranking the most discounted suburbs.

Metrics i HOUSE UNIT
$365,000 $255,800
4.29% -10.25%
10.61% 13.69%
3.45% 6.23%
$368 $285
53 20
5.24% 5.79%
47.43 57.5

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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Demographics
Total population 2567
Median household income ($/weekly) 1050
Median age of persons 45
Median housing loan repayment ($/monthly) 1300
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 267 10.4
    25-34 years 261 10.2
    35-44 years 271 10.6
    45-54 years 400 15.6
    55-64 years 359 14.0
    Others 1009 39.3
    Age Group
    Census Count Percent(%)
    Registered Married 939 48.5
    Not Married 805 41.6
    Defacto Relationship 192 9.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 2216 89.5
    Papua New Guinea 15 0.6
    Philippines 13 0.5
    United Kingdom 87 3.5
    Other 40 1.6
    Others 105 4.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 10 0.4
    Christianity 1750 75.9
    Hinduism 10 0.4
    Islam 3 0.1
    No Religion 531 23.0
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 119 13.1
    $600-$799 109 12.0
    $800-$999 88 9.7
    $1,500-$1,999 103 11.3
    $2,000-$2,499 111 12.2
    Others 379 41.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 854 40.4
    Employed, worked full-time 713 33.7
    Employed, worked part-time 421 19.9
    Employed, away from work 68 3.2
    Unemployed, looking for work 59 2.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 159 13.3
    Technicians & trades workers 168 14.0
    Community & personal service workers 165 13.8
    Clerical & administrative workers 229 19.1
    Sales 149 12.4
    Others 330 27.5
    Occupation
    Census Count Percent(%)
    Pre-school 19 3.9
    Infants/Primary 160 32.9
    Secondary 142 29.2
    Technical or Further Educational Institution 72 14.8
    University or other Tertiary Institutions 83 17.1
    Others 10 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2174 92.1
    Semi-detached, row or terrace house, townhouse 94 4.0
    Flat, unit or apartment 92 3.9
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 414 42.5
    Being purchased 330 33.8
    Rented 227 23.3
    Other tenure type 4 0.4
    Tenure Type
Census 2011, ABS
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