Suburb Profile Report for Rosebud VIC (3939)

Rosebud House: Median price $571,000, Annual capital growth 7.27%, Number of sales 288, Weekly median advertised rent $370

Rosebud Unit: Median price $522,500, Annual capital growth 7.20%, Number of sales 45, Weekly median advertised rent $383

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

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

  • House Report
  • Unit Report

Giving property investors a an unimpressive capital gain of -6.24% for the last year, Rosebud, 3939 is the 2851th highest performer in Australia in this respect.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Rosebud has increased when compared to the 5 year average annual rate.

Property investors looking for a bargain in Rosebud should be aiming for at least -8.86% off the asking price, which is the average vendor discount being achieved at the moment.

A $370 per week rent on the median house gives suburb investors a gross yield of circa 3.37%, without taking into account capital value appreciation, which has been averaging out at 7.27%.

If you compare the increase in value of investment property in Rosebud, 3939 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was -3.86%.

When looking at the potential capital gains offered to property investors over the last 3 years, Rosebud comes in at number 34th in VIC.

LACK OF BUYER INTEREST may well be the reason that Rosebud is offering property investors an average of -6.24. This rate of discount on properties puts Suburb at number 44th in terms of most discounted suburbs in VIC

Residents and property investors in Rosebud have been waiting around 74.5 days to sell a property.

Renters in Suburb are facing rents around $19890 per annum or $382.5 every week.

Metrics i HOUSE UNIT
$571,000 $522,500
-1.64% 0.48%
-6.24% -3.86%
7.27% 7.20%
$370 $383
288 45
3.37% 3.81%
71.7657657657658 74.5

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

DSR Score for property investment : Above average (H), Above average (U)
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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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