Thinking about buying in Rosebery? Now could not be a better time, with 1922 residential properties there's certainly plenty to choose from. Rosebery is located fairly close to the coast at just 4Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $460.00 |
Median Monthly Mortgage | $2223.67 |
Median Persons Per Bedroom | 0.83 |
Average Household Size | 2.67 |
Average Age | 29.67 |
Average Income | $1244.67 |
Average Cars Per Dwelling | 2.10 |
Average Properties Within 50M | 33 |
In Rosebery there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Rosebery due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Rosebery changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Rosebery the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
6 WINDY RIDGE RD, ROSEBERY, VIC, 3395 | 1 | 1 | 1 | $99,900 |
Rosebery Primary School
Woodroffe Primary School
Forrest Parade School
Bakewell Primary School
Sacred Heart Catholic Primary School
Mother Teresa Catholic Primary School
MacKillop Catholic College
Gray Primary School
Moulden Primary School
Palmerston College
(While the above schools are located with the suburb of Rosebery there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Nov | 0.6 | 10.5 | 28.0 | 24.5 | 82.1 | 4.9 | 24.8 |
Dec | 1.2 | 13.4 | 31.0 | 21.2 | 74.6 | 5.1 | 27.8 |
Jan | 0.8 | 15.1 | 33.4 | 20.1 | 72.1 | 5.0 | 27.8 |
Feb | 0.9 | 15.2 | 32.2 | 24.6 | 76.0 | 4.8 | 24.4 |
Mar | 0.5 | 12.6 | 28.5 | 28.3 | 78.8 | 4.4 | 18.9 |
Apr | 0.8 | 9 | 23.7 | 35.6 | 84.8 | 3.8 | 14.6 |
May | 0.8 | 6.0 | 19.0 | 47.0 | 92.7 | 3.7 | 10.8 |
Jun | 0.8 | 4.0 | 15.4 | 58.3 | 96.7 | 3.6 | 8.9 |
Jul | 0.8 | 2.9 | 15.2 | 55.5 | 95.9 | 3.8 | 9.1 |
Aug | 0.8 | 3.3 | 16.6 | 47.6 | 95.6 | 4.1 | 12.2 |
Sept | 1.0 | 4.6 | 20.2 | 37.9 | 93.1 | 4.4 | 16.4 |
Oct | 0.9 | 7.5 | 24.3 | 30.4 | 88.1 | 4.7 | 21.4 |
source: Australian Government Bureau of Meteorology
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