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Rose Bay

POSTAL CODE: TAS, 7015
HOUSE

Property investors enjoyed capital gains of 21.06% over the last 12 months in ROSE BAY, translating to lower returns compared with its peers in TAS.

A survey of average capital gains or median home price increase in suburbs across the country shows that the TAS suburb obtained a 9.86% growth over a ten-year period. It ranks 67th on our list of suburbs that property investors should look into.

ROSE BAY, 7015 has a capital gain of 21.06% for the past year, which is higher than average compared to its 38.17% growth within a five-year period.

With the median home price in ROSE BAY sitting at $1,095,000, and the average rent at N/A, property owners could potentially earn a N/A increase in gross rental yield.

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

ROSE BAY, 7015 in TAS belongs to the local government area of Clarence.

Surburb overview

Rose Bay, a picturesque suburb in Tasmania, is located approximately 5 kilometres from Hobart’s central business district. This proximity to the city makes it an ideal location for those who wish to enjoy the tranquillity of suburban life while maintaining easy access to urban amenities. 

According to the latest data, Rose Bay has a population of around 1,100 residents. The demographic composition of the suburb includes a mix of families, professionals, and retirees, contributing to a diverse and vibrant community atmosphere. 

Rose Bay falls within the jurisdiction of the City of Clarence local government area. This LGA is known for its commitment to maintaining high standards of living and providing a range of services to its residents. 

Public transportation in Rose Bay is well-developed, with several bus routes servicing the area. These routes provide convenient connections to Hobart and surrounding suburbs, making commuting relatively straightforward for residents. 

The suburb is home to several notable establishments. Rose Bay High School is a prominent educational institution in the area, providing quality education to local students. Additionally, the Eastlands Shopping Centre, located a short drive away in nearby Rosny Park, offers a wide range of retail and dining options. 

For those who enjoy outdoor activities, Rose Bay boasts several parks and recreational facilities. The nearby Rosny Hill Nature Recreation Area provides scenic walking trails and stunning views of the Derwent River and Hobart skyline. The Clarence Foreshore Trail is another popular spot for walking and cycling, offering a picturesque route along the waterfront. 

Recreational activities in Rose Bay are varied and cater to different interests. Water enthusiasts can take advantage of the proximity to the river for kayaking and sailing, while the numerous parks provide ample space for picnics and family outings. 

Rose Bay's blend of suburban tranquillity, convenient amenities, and natural beauty makes it a desirable location for residents seeking a balanced lifestyle close to Hobart.

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