Suburb Profile Report for Rosetta TAS (7010)

Rosetta House: Median price $353,500, Annual capital growth 3.00%, Number of sales 55, Weekly median advertised rent $370

Rosetta Unit: Median price $285,000, Annual capital growth 8.33%, Number of sales 18, Weekly median advertised rent $280

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

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Rosetta, 7010 should be ok with this TAS suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.52%

When looking at the potential capital gains offered to property investors over the last 3 years, Rosetta comes in at number 64th in TAS.

LACK OF BUYER INTEREST may well be the reason that Rosetta is offering property investors an average of -6.77. This rate of discount on properties puts Suburb at number 92th in terms of most discounted suburbs in TAS

Rosetta, 7010’s gross rental yield is 5.44%

Property value increases in Rosetta have tracked higher than the TAS average of 3.78% over the last 12 months.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Rosetta has increased when compared to the 5 year average annual rate.

Advertised rents are around the $280 mark per week – giving a return of 5.11% based on the median price in Suburb

Metrics i HOUSE UNIT
$353,500 $285,000
1.00% N/A
5.52% 31.03%
3.00% 8.33%
$370 $280
55 18
5.44% 5.11%
56.04 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Rosetta TAS
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
Chart Table
Recent sales & rentals