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Rosetta

POSTAL CODE: TAS, 7010
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ROSETTA ranks 156th in TAS when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 4.33% for the past year is lower than average compared to its 28.65% growth within a five-year period.

Also in ROSETTA, the median home price is sitting at $650,000, and the average rent at $555, this suggests property owners could potentially earn a 4.44% increase in gross rental yield.

Property investors have seen a -1.52% drop in ROSETTA based on a decrease in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 7.56% growth over a ten-year period. It ranks 1557th on our list of suburbs that property investors should look into.

Surburb overview

Rosetta, located approximately 9 kilometres north of Hobart’s central business district, is a suburban area in Tasmania known for its scenic views and residential appeal. Its proximity to the city centre makes it a convenient location for those working in Hobart while enjoying the quieter suburban lifestyle.

The suburb has a population of around 2,500 residents. The demographic profile is diverse, with a mix of families, professionals, and older adults. This diversity contributes to a vibrant community atmosphere, where various cultural and social activities are prevalent.

Rosetta is part of the City of Glenorchy local government area. This LGA is committed to providing a range of services and maintaining high living standards for its residents. The area is well-serviced by public amenities, reflecting the council's dedication to community wellbeing.

Public transportation in Rosetta is well-established, with several bus routes connecting the suburb to Hobart and other nearby areas. These services make commuting straightforward for residents, providing easy access to work, education, and leisure activities in the broader Hobart area.

Rosetta hosts several key establishments that contribute to its appeal. The Rosetta Primary School is a significant educational institution in the area, known for its quality education and community involvement. The nearby Glenorchy Central and Northgate Shopping Centre provide a variety of retail and dining options, ensuring residents have access to all necessary amenities.

Outdoor and recreational activities are abundant in Rosetta. The suburb is adjacent to the beautiful Montrose Bay, offering picturesque views and a variety of water-based activities such as boating and kayaking. The Montrose Foreshore Community Park is a popular spot for families and individuals, featuring walking trails, playgrounds, and picnic areas.

Rosetta also offers various sports and recreational facilities. The local sports clubs and parks provide spaces for activities such as soccer, cricket, and tennis, fostering a strong sense of community and encouraging active lifestyles among residents.

Rosetta's combination of convenient urban access, comprehensive local amenities, and abundant recreational opportunities make it a desirable suburb for a wide range of residents. Its blend of suburban tranquillity and accessibility to Hobart’s vibrant city life offers a balanced and appealing living environment.

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