Suburb Profile Report for Rosebud VIC (3939)

Rosebud House: Median price $460,000, Annual capital growth 6.53%, Number of sales 425, Weekly median advertised rent $330

Rosebud Unit: Median price $387,500, Annual capital growth 6.02%, Number of sales 68, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report
  • Unit Report

Rosebud, 3939 ranked 176th in VIC when comparing growth in median property values or capital gain over the last 12 months. Rosebud is one of 2098 in our list for VIC

Across a shorter period, Rosebud, 3939 has seen a median price increase of 5.75% over the last quarter.

Vendor discounting in Rosebud is giving property investors an average Vendor Discount of around -5.50%. This puts suburb at number 331th in VIC when ranking the most discounted suburbs.

The VIC suburb of Rosebud, 3939 is in the Mornington Peninsula local government area.

Property value increases in Rosebud have tracked close to the VIC average of 3.19% over the last 12 months.

If we look at median property appreciation over just the last three months, Rosebud has given property investors a paper return of 1.97%. This puts Suburb as 102 on a list of fastest fasting appreciating suburbs in VIC

LACK OF BUYER INTEREST may well be the reason that Rosebud is offering property investors an average of -5.14. This rate of discount on properties puts Suburb at number 117th in terms of most discounted suburbs in VIC

At number 1052 in a list of fastest selling suburbs, Rosebud is in the bottom 30% of suburbs in Australia with an average of days on market 95.24 for properties listed there.

Using the current median advertised rental of $320 and the average annual increase in value of a median property of 6.02%, investors should hope to achieve an overall return of 4.29%

HOUSE UNIT
$460,000 $387,500
5.75% 1.97%
12.20% 4.73%
6.53% 6.02%
$330 $320
425 68
3.73% 4.29%
67.54 95.24

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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Demographics
Total population 12501
Median household income ($/weekly) 746
Median age of persons 48
Median housing loan repayment ($/monthly) 1500
Average household size 2.2
  • Census Count Percent(%)
    35-44 years 1421 11.4
    45-54 years 1477 11.8
    55-64 years 1663 13.3
    65-74 years 1714 13.7
    75-84 years 1407 11.3
    Others 4819 38.5
    Age Group
    Census Count Percent(%)
    Registered Married 4396 46.5
    Not Married 4190 44.3
    Defacto Relationship 872 9.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 9849 83.3
    Japan 125 1.1
    Papua New Guinea 130 1.1
    United Kingdom 1022 8.6
    Other 188 1.6
    Others 509 4.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 105 0.9
    Christianity 7471 66.6
    Hinduism 21 0.2
    Other Religious Groups 36 0.3
    No Religion 3562 31.8
    Others 21 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 691 14.5
    $400-$599 874 18.4
    $600-$799 618 13.0
    $800-$999 510 10.7
    $1,500-$1,999 410 8.6
    Others 1651 34.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 5061 50.6
    Employed, worked full-time 2505 25.0
    Employed, worked part-time 1822 18.2
    Employed, away from work 331 3.3
    Unemployed, looking for work 287 2.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 572 12.3
    Technicians & trades workers 1006 21.6
    Community & personal service workers 545 11.7
    Sales 627 13.5
    Labourers 615 13.2
    Others 1292 27.7
    Occupation
    Census Count Percent(%)
    Pre-school 199 9.3
    Infants/Primary 810 37.8
    Secondary 624 29.1
    Technical or Further Educational Institution 268 12.5
    University or other Tertiary Institutions 160 7.5
    Others 80 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10444 90.6
    Semi-detached, row or terrace house, townhouse 550 4.8
    Flat, unit or apartment 480 4.2
    Caravan, cabin, houseboat 45 0.4
    House or flat attached to a shop, office 13 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 2180 43.0
    Being purchased 1484 29.3
    Rented 1348 26.6
    Other tenure type 58 1.1
    Tenure Type
Census 2011, ABS
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