Rosebery

POSTAL CODE: NSW, 2018

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A steady increase in median property prices over a five-year period in the suburb translates to a 11.48% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $2,525,000

The augmented property values in the suburb are trailing behind the territorial average of 5.34% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $985.

Home owners selling their properties and realtors in ROSEBERY usually have to wait an average of 41.2 days days before their assets are lifted off the market.

The NSW suburb ranks 1005th on the list of best yielding suburbs for rental properties in NSW, posting a 2.03% return.

It also places places 931st in Australia based on median property value growth during the quarter.

A survey of average capital gains or median home price increase in suburbs across the country shows that ROSEBERY, 2018 obtained a 0.63% growth over a ten-year period. It ranks 1825th on our list of suburbs that property investors should look into.

ROSEBERY, 2018 has a capital gain of -4.23% for the past year, which is lower than average compared to its 6.53% growth within a five-year period.

With the median home price in ROSEBERY sitting at $905,500, and the average rent at $950, property owners could potentially earn a 5.46% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in ROSEBERY are low, as opposed to average gains per annum over the past five years.

ROSEBERY, 2018 in NSW belongs to the local government area of Sydney.

Surburb overview

Rosebery, NSW 2018, is an inner-southern suburb of Sydney located approximately 6 kilometres south of the central business district. The suburb has experienced significant transformation in recent years, shifting from an industrial area to a vibrant residential community known for its modern developments and leafy residential streets. Rosebery has a population of around 13,533 as of the 2021 census, with the predominant age group being 30-39 years.

The suburb features a diverse demographic profile, with 44% of residents born in Australia and a strong representation of Chinese (15.8%), Greek (8.3%), and Irish (6.7%) communities. English is the most commonly spoken language, followed by Mandarin, Greek, and Cantonese. The most common religions in the area include No Religion (30%), Catholic (23.8%), and Eastern Orthodox (12%).

Public transport is readily accessible in Rosebery, with Green Square and Mascot train stations nearby, providing convenient access to the Sydney CBD. Several bus routes also serve the area. The suburb has a mixture of older single-storey homes and newer high-density apartment blocks, particularly in its northern parts, reflecting the ongoing development.

Rosebery offers several amenities, including the Gardeners Road shopping precinct and various parks, such as Turruwul Park and Crete Reserve. The suburb is known for its trendy cafes and dining options, making it popular with young professionals and families. The median rent for houses is $1,100 per week, while the rent for units is $900 per week, with rental yields of 2.56% for houses and 5.41% for units.

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