Rosebery

POSTAL CODE: TAS, 7470
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 20.97% capital gain.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $187,500

The augmented property values in the suburb are trailing above the territorial average of 4.47% in 2016.

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

Home owners selling their properties and realtors in ROSEBERY usually have to wait an average of 104.8 days days before their assets are lifted off the market.

The TAS suburb ranks 153rd on the list of best yielding suburbs for rental properties in TAS, posting a N/A return.

It also places places 96th in Australia based on median property value growth during the quarter.

Surburb overview

Rosebery, situated on Tasmania's rugged west coast, is a remote town approximately 300 kilometres from Hobart’s central business district. This mining town is surrounded by lush rainforests and picturesque landscapes, offering a unique living environment distinct from urban centres.

The town has a population of around 800 residents. The demographic profile includes a significant number of workers employed in the local mining industry, along with families and individuals who appreciate the town's natural surroundings and tight-knit community. 

Rosebery is part of the West Coast Council local government area, which oversees several other small towns in the region. The council is responsible for maintaining infrastructure and providing essential services to its residents.

Public transportation options in Rosebery are limited, reflecting its remote location. However, the town is accessible via the Murchison Highway, which connects it to other parts of Tasmania. Most residents rely on private vehicles for commuting and travel.

Despite its small size, Rosebery offers several essential establishments and amenities. The Rosebery District High School serves the educational needs of the community, catering to students from kindergarten through to grade 12. The town also has a local supermarket, a few shops, and essential services, ensuring residents have access to daily necessities.

For recreational activities, Rosebery offers ample opportunities to explore the great outdoors. The surrounding area is renowned for its natural beauty, with numerous hiking trails and scenic spots. The Montezuma Falls, one of Tasmania's highest waterfalls, is a popular destination for bushwalkers. The Stitt River and Lake Rosebery provide opportunities for fishing, kayaking, and picnicking.

Sports and community activities are also a part of life in Rosebery. The town has a local football club and other sports facilities, fostering a sense of community and providing residents with various recreational options. 

The unique charm of Rosebery lies in its blend of natural beauty, close-knit community, and rich mining heritage. Residents and visitors alike can appreciate the tranquillity and opportunities for adventure that this remote Tasmanian town offers.

You’re out of free articles for this month
Loading form...