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Rosanna, VIC 3084

Home » VIC Real Estate Data » Banyule City, VIC » Rosanna, VIC 3084

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Rosanna, VIC 3084 located in Melbourne to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Rosanna, VIC 3084”

  1. The total adult population (15 years or older) of Rosanna 3084 VIC is 6,966, with a median age of 41. Of those, 51.34% are married, 9.63% are divorced or separated, 32.00% are single and 7.05% are widowed.

    The average household size is 2.6 people per dwelling, and the median household monthly income is estimated to be $11,520. The median monthly mortgage repayment for households in this suburb is $2,482 which is 21.55% of their earnings.

    Source: ABS Census Data (2021)

  2. In the heart of Victoria, the suburb of Rosanna 3084 is an active community with an estimated 3884 households. As of Q3 2023, property investors are treated to an exciting landscape where the typical house price sits at a cool $1,192,517. The median weekly rent here has been recorded at $522, which consequently results in an indicative rental yield of 2.28% – albeit, slightly below the 3% appealing threshold for yield-focused investors.

    From a socio-economic perspective, the residents of Rosanna 3084 have a significant advantage, as reflected in the area’s impressive IRSAD score of 1093 out of a possible 1217. This suggests a high-income quality in the neighbourhood.

    Renter to owner ratio in Rosanna sits at a comfortable 22%, demonstrating a balanced property market leaning more towards homeownership, thus preserving the appeal and the ‘vibe’ of the area. Rosanna property market further benefits from a highly desirable units to houses ratio at a low 21%, which limits the saturation of rental units and promotes an environment of reduced competition amongst landlords.

    However, the suburb’s affordability index estimation stands at 41 years, potentially revealing decreased affordability and a somewhat discouraging factor for potential property investors and owners alike.

    Where supply is concerned, Rosanna 3084 could be seen as an almost ideal market with a stock on market Percentage for houses at just 0.14% and an inventory level for houses sitting at a significantly low 0.62 months. Favourably low supply like this serves to boost the attractiveness of the market, especially with the Building Approval Ratio for houses also being a mere 0.54%.

    Adding to the allure, properties in Rosanna 3084 don’t stay in the market for long, taking only 24 days on average to change hands. This quick turnover, coupled with a standard vacancy rate of 2.76%, implies fairly robust demand. Investor’s attention is further drawn to the suburb’s buy search index for houses at a neutral 4, hinting at reasonable buyer interest levels.

    Even though affordability seems to be a pinch, the high IRSAD scoring, low supply indicators, and fast-moving market all make for an intriguing investment proposition in Rosanna 3084, providing the metrics are consistently monitored and market trends duly followed.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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