Suburb Profile Report for Roselands NSW (2196)

Roselands House: Median price $896,000, Annual capital growth 7.16%, Number of sales 91, Weekly median advertised rent $560

Roselands Unit: Median price $517,500, Annual capital growth 6.38%, Number of sales 46, Weekly median advertised rent $420

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Investment property in Roselands has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -12.16%

Over the longer term, Roselands has seen property prices show investors a -4.43% return over the last 3 years. This is worse than over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Roselands is offering property investors an average of -7.38. This rate of discount on properties puts Suburb at number 277th in terms of most discounted suburbs in NSW

A $560 per week rent on the median house gives suburb investors a gross yield of circa 3.25%, without taking into account capital value appreciation, which has been averaging out at 7.16%.

Roselands is in the bottom 20% in NSW when comparing median price capital growth over the last year. Roselands gave property investors a dismal capital gain figure when compared to the rest of the state, with -12.29%.

Roselands,2196 has offered an average of -12.29% return per annum in house price rises to property investors over the last three years.

Our latest figures would indicate that property sellers in Roselands are currently offering property investors an average price cut of -8.46% below the asking price at the moment.

Metrics i HOUSE UNIT
$896,000 $517,500
-5.78% -5.91%
-12.16% -12.29%
7.16% 6.38%
$560 $420
91 46
3.25% 4.22%
79.1052631578948 101.296296296296

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 11167
Median household income ($/weekly) 1157
Median age of persons 36
Median housing loan repayment ($/monthly) 2167
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 1563 14.0
    25-34 years 1511 13.5
    35-44 years 1698 15.2
    45-54 years 1440 12.9
    55-64 years 1093 9.8
    Others 3863 34.6
    Age Group
    Census Count Percent(%)
    Registered Married 4379 53.4
    Not Married 3476 42.4
    Defacto Relationship 342 4.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 6347 60.7
    Croatia 348 3.3
    Hong Kong 423 4.0
    Malaysia 628 6.0
    Other 972 9.3
    Others 1741 16.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 389 3.8
    Christianity 6946 67.4
    Hinduism 105 1.0
    Islam 1903 18.5
    No Religion 893 8.7
    Others 72 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 343 10.6
    $600-$799 301 9.3
    $800-$999 296 9.2
    $1,000-$1,249 299 9.3
    $1,500-$1,999 425 13.2
    Others 1563 48.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3275 40.2
    Employed, worked full-time 2971 36.4
    Employed, worked part-time 1240 15.2
    Employed, away from work 336 4.1
    Unemployed, looking for work 332 4.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 519 11.4
    Professionals 823 18.1
    Technicians & trades workers 689 15.2
    Clerical & administrative workers 775 17.0
    Sales 477 10.5
    Others 1263 27.8
    Occupation
    Census Count Percent(%)
    Pre-school 206 7.9
    Infants/Primary 929 35.6
    Secondary 746 28.6
    Technical or Further Educational Institution 225 8.6
    University or other Tertiary Institutions 418 16.0
    Others 84 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7722 72.8
    Flat, unit or apartment 1498 14.1
    Semi-detached, row or terrace house, townhouse 1377 13.0
    House or flat attached to a shop, office 4 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1267 36.2
    Fully owned 1216 34.7
    Rented 989 28.2
    Other tenure type 30 0.9
    Tenure Type
Census 2011, ABS
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