Suburb Profile Report for Rosetta TAS (7010)

Rosetta House: Median price $565,000, Annual capital growth 6.40%, Number of sales 26, Weekly median advertised rent $460

Rosetta Unit: Median price $327,500, Annual capital growth 5.28%, Number of sales 14, Weekly median advertised rent $368

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

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Giving property investors a a solid capital gain of 22.29% for the last year, Rosetta, 7010 is the 772th highest performer in Australia in this respect.

A 71.21% growth in median value for property investors in Rosetta,7010 puts this suburb at number 57th in terms of best performing suburbs in TAS

Using the current median advertised rental of $460 and the average annual increase in value of a median property of 6.40%, investors should hope to achieve an overall return of 4.23%

Rosetta, 7010 ranked 38th in TAS when comparing growth in median property values or capital gain over the last 12 months. Rosetta is one of 606 in our list for TAS

Rosetta,7010 has offered an average of 1.08% return per annum in house price rises to property investors over the last three years.

With the median price for a house in Rosetta being $327500 and the advertised rent reaching $367.5 the gross rental yield for property investors calculates out to be 5.84%

Information supplied by:


July 2017

M
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One of Hobart’s northern suburbs, Rosetta has been attracting significant interest from buyers for its proximity to a thriving city, affordability and very high returns.

The housing market in particular enjoyed a near 17% price increase. Even then, the median value is under $380,000, coupled with the high average returns of 5.3%, Rosetta houses could be an investor’s dream especially with Hobart soaring in the national property market.

The drawing card for residents lies in Rosetta being just a 15-minute drive (or a 40-minute bus ride) from Hobart. The east side of the suburb is bordered by the Brooker Highway. Moreover, Rosetta is home to a primary school and a high school.


 
Metrics i HOUSE UNIT
$565,000 $327,500
7.11% -0.76%
22.29% 1.08%
6.40% 5.28%
$460 $368
26 14
4.23% 5.84%
17.2941176470588 N/A

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (U), Excellent (H)
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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
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