Suburb Profile Report for Rosebud West VIC (3940)

Rosebud West House: Median price $433,750, Annual capital growth 6.54%, Number of sales 132, Weekly median advertised rent $330

Rosebud West Unit: Median price $380,000, Annual capital growth 5.86%, Number of sales 52, Weekly median advertised rent $288

  • 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 Rosebud West, 3940 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 11.22%.

Comparing Rosebud West,3940 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Our latest figures would indicate that property sellers in Rosebud West are currently offering property investors an average price cut of -5.86% below the asking price at the moment.

At number 1364th in the list of Australian suburbs ordered by increase in median house value over the last year, Rosebud West, 3940 is in the BOTTOM 30% with a property value increase of -3.80% recorded in median house prices.

Comparing Rosebud West,3940 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Rosebud West, 3940 is offering VIC ‘s 195th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this VIC.

Rosebud West, 3940’s gross rental yield is 3.93%

HOUSE UNIT
$433,750 $380,000
2.06% -4.52%
11.22% -3.80%
6.54% 5.86%
$330 $288
132 52
3.96% 3.93%
71.97 119.72

Source: CoreLogic

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Demographics
Total population 4580
Median household income ($/weekly) 641
Median age of persons 58
Median housing loan repayment ($/monthly) 1387
Average household size 2
  • Census Count Percent(%)
    35-44 years 398 8.7
    55-64 years 495 10.8
    65-74 years 613 13.4
    75-84 years 805 17.6
    85 years and over 527 11.5
    Others 1742 38.0
    Age Group
    Census Count Percent(%)
    Not Married 1535 47.0
    Registered Married 1425 43.6
    Defacto Relationship 305 9.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 3417 81.5
    Japan 64 1.5
    Papua New Guinea 44 1.0
    United Kingdom 371 8.9
    Other 59 1.4
    Others 237 5.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 41 1.0
    Christianity 2757 70.5
    Hinduism 11 0.3
    Islam 19 0.5
    No Religion 1074 27.5
    Others 10 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 283 15.9
    $400-$599 402 22.5
    $600-$799 292 16.4
    $800-$999 205 11.5
    $1,000-$1,249 139 7.8
    Others 464 26.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2331 64.0
    Employed, worked full-time 595 16.3
    Employed, worked part-time 510 14.0
    Unemployed, looking for work 128 3.5
    Employed, away from work 80 2.2
    Person Characteristics
  • Census Count Percent(%)
    Professionals 118 9.9
    Technicians & trades workers 253 21.3
    Community & personal service workers 171 14.4
    Sales 162 13.6
    Labourers 165 13.9
    Others 318 26.8
    Occupation
    Census Count Percent(%)
    Pre-school 50 8.9
    Infants/Primary 221 39.5
    Secondary 134 24.0
    Technical or Further Educational Institution 77 13.8
    University or other Tertiary Institutions 47 8.4
    Others 30 5.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2677 69.5
    Semi-detached, row or terrace house, townhouse 973 25.2
    Flat, unit or apartment 140 3.6
    Caravan, cabin, houseboat 60 1.6
    House or flat attached to a shop, office 4 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 828 44.6
    Rented 538 29.0
    Being purchased 327 17.6
    Other tenure type 163 8.8
    Tenure Type
Census 2011, ABS
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