Suburb Profile Report for Rose Park SA (5067)

Rose Park House: Median price $1,475,500, Annual capital growth 3.51%, Number of sales 12, Weekly median advertised rent $650

Rose Park Unit: Median price $502,000, Annual capital growth 25.24%, Number of sales 10, Weekly median advertised rent $360

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

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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  • House Report
  • Unit Report

Rose Park is in the bottom 10% in SA when comparing median price capital growth over the last year. Rose Park gave property investors a dismal capital gain figure when compared to the rest of the state, with -10.00%.

Comparing Rose Park,5067 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Situated 2.75km from the CBD, Rose Park is one of Burnside (C) localities in the postcode 5067.

With the median price for a house in Rose Park being $502000 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 3.73%

Information supplied by:


January 2018

M
O

W
E

Apartment prices nosedive

Postcode: 5125

Median unit price: $500,500

Three-year growth: 2.2%

Rental yield: 3.1%

Following slight growth three years previously, the unit market in the suburb of Rose Park plummeted by 17.9% over the past 12 months leading up to November 2017.

With the median value falling to just over $500,000, however, this could be a time for investors to capitalise on this once-affluent suburb. Rose Park is just a stone’s throw from the Adelaide CBD, which makes it a good option for those employed in the area. There is a primary school in the suburb, and the commercial area is centred on Fullarton Road, Kensington Road and Dulwich Avenue.

Victoria Park forms part of the border of Rose Park, which is located at the edge of the Adelaide Park Lands. Its proximity to Adelaide gives residents easy access to the city’s amenities.

Metrics i HOUSE UNIT
$1,475,500 $502,000
-5.54% N/A
-10.00% N/A
3.51% 25.24%
$650 $360
12 10
2.29% 3.73%
N/A N/A

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 1397
Median household income ($/weekly) 1878
Median age of persons 41
Median housing loan repayment ($/monthly) 2167
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 182 13.0
    25-34 years 144 10.3
    35-44 years 162 11.6
    45-54 years 207 14.8
    55-64 years 199 14.2
    Others 503 36.0
    Age Group
    Census Count Percent(%)
    Registered Married 502 52.6
    Not Married 362 37.9
    Defacto Relationship 91 9.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 944 71.6
    Croatia 40 3.0
    Malta 47 3.6
    United Kingdom 96 7.3
    Other 35 2.7
    Others 156 11.8
    Country of Birth
    Census Count Percent(%)
    Buddhism 29 2.3
    Christianity 766 61.4
    Hinduism 8 0.6
    Islam 28 2.2
    No Religion 412 33.0
    Others 5 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 44 9.5
    $1,500-$1,999 61 13.1
    $2,500-$2,999 66 14.2
    $3,000-$3,499 42 9.1
    $4,000 or more 54 11.6
    Others 197 42.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 385 35.2
    Employed, worked full-time 374 34.2
    Employed, worked part-time 248 22.7
    Employed, away from work 55 5.0
    Unemployed, looking for work 31 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 105 15.5
    Professionals 321 47.3
    Community & personal service workers 44 6.5
    Clerical & administrative workers 77 11.4
    Sales 52 7.7
    Others 79 11.7
    Occupation
    Census Count Percent(%)
    Pre-school 20 4.9
    Infants/Primary 135 32.9
    Secondary 75 18.3
    Technical or Further Educational Institution 19 4.6
    University or other Tertiary Institutions 149 36.3
    Others 12 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 821 68.4
    Flat, unit or apartment 254 21.2
    Semi-detached, row or terrace house, townhouse 125 10.4
    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 191 37.5
    Rented 171 33.5
    Being purchased 148 29.0
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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