Rosebery

POSTAL CODE: NT, 832

HOUSE

UNIT

ROSEBERY, 832 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NT have risen as a whole, pulling ROSEBERY, 832 values up and netting property investors a capital gain of 13.54% for the past year.

Investors saw the median home price rise to $650,000.

Profits due to an upward trend in home prices in the suburb averaged 5.36% per annum over a 3-year period.

ROSEBERY now ranks at the 24th place on a list of fastest growing suburbs in the territory.

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.

Because of this real estate investors could earn a rental income of $720 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In ROSEBERY, homes and units usually stay on listing for an average of 53.3 days.

In 2016, 141 properties were sold in ROSEBERY during the past year, making it the 61st most active market in NT based on total real estate transactions.

ROSEBERY ranks 8th in NT when it comes to estimated capital gains experienced by property investors over the past three years.

ROSEBERY, 832 has a capital gain of 38.2% for the past year, which is higher than average compared to its 89.36% growth within a five-year period.

ROSEBERY, 832 ranks 37th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 38.2% for property investors last year.

With the median home price in ROSEBERY sitting at $445,000, and the average rent at $560, property owners could potentially earn a 6.54% increase in gross rental yield.

Property investors have seen a 6.95% gain in ROSEBERY based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on ROSEBERY, 832 can rest assured about this NT suburb's performance. The suburb saw median home prices rise by 38.2%.

A survey of average capital gains or median home price increase in suburbs across the country shows that ROSEBERY, 832 obtained a 4.73% growth over a ten-year period. It ranks 975th on our list of suburbs that property investors should look into.

Surburb overview

"Rosebery is a family-friendly suburb in the City of Palmerston, offering residents a comfortable suburban lifestyle with access to essential amenities and a strong sense of community. Nestled in the southeastern part of Palmerston, Rosebery provides a peaceful and convenient living environment.

Rosebery is situated approximately 24-25 kilometres southeast of Darwin’s central business district (CBD). While it offers a suburban atmosphere, it is within a reasonable commuting distance to the city for work and leisure activities.

With a population of around 4,000 residents, Rosebery is a diverse and close-knit community. The suburb attracts a mix of families, professionals and retirees, creating a harmonious blend of cultures and backgrounds.

Rosebery enjoys efficient public transportation connectivity, with regular bus services linking it to Palmerston’s CBD and neighbouring suburbs. This makes commuting and exploring the city convenient for residents.

The suburb is well-equipped with essential amenities. Families with children have access to quality education through institutions like Rosebery Primary School and Good Shepherd Lutheran College. The nearby Palmerston Shopping Centre has a variety of retail shops, dining options and services for daily needs.

Rosebery presents various recreational opportunities. The suburb features several parks, playgrounds and green spaces, making it ideal for outdoor activities and family outings. The Palmerston Golf Course, located nearby, is a great place for golf enthusiasts. Residents can also explore the nearby Howard Springs Nature Park for picnics, wildlife viewing and bushwalking.

Rosebery offers a comfortable suburban lifestyle with easy access to essential amenities and recreational opportunities. Its diverse and close-knit community, educational institutions and proximity to Palmerston make it an appealing choice for individuals and families seeking a peaceful yet well-connected place to call home in the territory. "

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$650,000	$445,000
Growth Report
Median Quarterly	5.52%	6.95%
Median 12 month	13.54%	38.2%
Median 3 years	16.07%	29.93%
Median 5 years	30%	89.36%
10 years average annual	0.66%	4.73%
Weekly media advert. rent	$720	$560
Time on Market	53.3 days	N/A
Gross Rental Yield Percent	5.76%	6.54%

Demographics (Median Values)*

Total Population 15570

Weekly Household Income 2356

Household Size 2.90

Average Age 28

Monthly Loan Repayment 2474

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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