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Roleystone suburb profile

Roleystone is a picturesque suburb nestled in the Perth Hills, approximately 35km southeast of Perth's CBD. Known for its stunning natural landscapes, it offers residents a tranquil lifestyle surrounded by lush bushland and scenic views. The suburb is characterized by its large residential blocks, providing a sense of space and privacy. Roleystone is home to a close-knit community, with local amenities including schools, shops, and parks. Its proximity to the Araluen Botanic Park and numerous walking trails makes it a haven for nature enthusiasts. The suburb's serene environment and community spirit make it an attractive choice for families and those seeking a peaceful retreat from city life.

Roleystone property market performance

Roleystone’s property market has experienced significant growth over the past 12 months, with house values increasing by 15.2%. The current median house price stands at $920,500, reflecting strong demand in the area. However, there is no activity in the unit market, as indicated by a median unit price of $0 and no units sold.

In terms of sales activity, 32 houses have been sold over the past 12 months, with houses spending a median of just 12 days on the market, highlighting a brisk pace of sales. The absence of unit sales suggests a lack of supply or demand in this segment.

The rental market for houses in Roleystone has also seen a notable increase, with average rent rising by 18.3% to $710 over the last 12 months. In contrast, the unit rental market remains stagnant, with no change in average rent, indicating limited activity or interest in this sector.

Median price - houses$921KPast 3 months

Median price - units$0Past 3 months

Change in value - houses16.2%12 months

Change in value - unitsN/A12 months

Houses sold32Past 3 months

Units soldN/APast 3 months

Median DOM - houses11Past 12 months

Median DOM - unitsN/APast 12 months

Average rent - houses$700Past 12 months

Average rent - units$280Past 12 months

Change in rent - houses16.7%Past 12 months

Change in rent - units-3.8%Past 12 months

Roleystone demographics

Roleystone, nestled in the picturesque Perth Hills, is a suburb that offers a serene and family-friendly environment. With a population of 6,848, it is characterized by its lush landscapes and a strong sense of community. The median age of 44 suggests a mature population, with many residents likely enjoying the tranquility and natural beauty that the area provides. The suburb's proximity to nature reserves and parks makes it an ideal location for those who appreciate outdoor activities and a peaceful lifestyle.

The housing landscape in Roleystone is predominantly owner-occupied, with a significant 38.6% of properties owned outright and 54.9% owned with a mortgage. This high rate of home ownership reflects the suburb's appeal to families and long-term residents seeking stability and a place to call home. The rental market is relatively small, with only 6.5% of properties being rented, indicating a community that values permanence and investment in their living environment.

Family dynamics in Roleystone are balanced, with 44.6% of households being couple families with children and 44.7% being couple families without children. This balance highlights the suburb's appeal to both growing families and those whose children have moved out, as well as couples who enjoy the peaceful surroundings. The presence of one-parent families, making up 10.1% of the community, adds to the suburb's diverse family structure. With a median total household income of $2,178 weekly, Roleystone residents enjoy a comfortable standard of living, supported by the suburb's blend of natural beauty and community spirit.

Roleystone infrastructure, key developments and investment opportunities

Roleystone is undergoing some notable developments that may impact its property market. The recent amalgamation of local schools into the Roleystone Community College (K-10) has enhanced educational facilities in the area. This consolidation, completed in 2009, utilized both state and federal funding to create a modern learning environment on the site of the former high school.

The suburb's natural beauty and outdoor amenities continue to be a draw, with ongoing maintenance and improvements to areas like the Araluen Botanic Park and surrounding bushland reserves. While no major new infrastructure projects are currently underway, Roleystone's large residential lots, rural character, and proximity to nature remain key selling points for the local property market. The area's vulnerability to bushfires, as evidenced by the 2011 event, has likely prompted ongoing focus on emergency preparedness and management strategies.

Roleystone rental market trends

The rental market in Roleystone has experienced significant growth in house rents, which have increased by 18.3% over the past year to $710 per week. In contrast, unit rents have remained stable at $280 per week. This trend highlights a strong demand for houses in the area, making Roleystone an attractive option for investors seeking growth in the rental market.

Suburbs near Roleystone

Some popular suburbs near Roleystone include:

Common questions about Roleystone

  • Is Roleystone a nice place to live?

    Roleystone is a delightful suburb that offers a peaceful and family-friendly environment, making it a wonderful place to live. Nestled in the charming Perth Hills, it provides a serene lifestyle with its lush landscapes and scenic views. The suburb is known for its spacious residential blocks, which offer a sense of privacy and tranquility that is hard to find closer to the city. This makes Roleystone particularly appealing to families who value space and a close-knit community atmosphere.

    The suburb's vibe is one of relaxation and connection with nature, with its proximity to the Araluen Botanic Park and numerous walking trails. These features make it a haven for outdoor enthusiasts and those who enjoy a slower pace of life. Despite its peaceful setting, Roleystone is equipped with essential amenities, including schools and local shops, ensuring that residents have everything they need within easy reach. Safety is generally not a major concern, although the area's history with bushfires means that residents need to be mindful of emergency preparedness.

    For families, Roleystone offers a supportive environment with good educational facilities, including the Roleystone Community College. The suburb's strong community spirit and the balance of family dynamics make it an attractive choice for both growing families and couples seeking a quiet retreat. However, living in Roleystone does come with some trade-offs. The distance from Perth's CBD means that commuting can be time-consuming, and the rural character of the area may not suit those seeking vibrant nightlife or urban conveniences. Nonetheless, for those who prioritize natural beauty and a peaceful lifestyle, Roleystone is a charming place to call home.

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  • Is it expensive to live in Roleystone?

    Living in Roleystone can be quite costly, especially when considering the housing market. The current median house price is $920,500, which is substantial compared to other areas. If you're planning to rent, houses average about $710 per week. Interestingly, there aren't any units available, which limits options for those looking for more affordable housing types.

    When we look at the income data, the average annual wage in Roleystone is around $91,000, which aligns closely with the average wage in Western Australia. However, when you compare this to the median total household income weekly, which is $2,178, it suggests that a significant portion of income might go towards housing expenses. This could make it challenging for individuals or families on an average income to comfortably afford living here without careful financial planning.

    Overall, while Roleystone offers a serene lifestyle with its natural surroundings and community vibe, the cost of living, particularly in terms of housing, is on the higher side. If you're thinking of living in Roleystone, it's important to evaluate your financial situation to ensure it can accommodate the expenses associated with this picturesque suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Roleystone a good place to invest?

    Roleystone presents an intriguing opportunity for property investors, especially those focusing on houses. Over the past year, the suburb has experienced a significant 15.2% increase in median house values, indicating strong capital growth potential. This upward trend suggests that Roleystone is becoming increasingly desirable, likely due to its appealing natural surroundings and community vibe. Additionally, the rental market for houses has seen an impressive 18.3% rise, highlighting strong demand from tenants and the potential for solid rental returns.

    While the unit market in Roleystone has remained stable with no change in median values or rent, the focus on houses could be particularly rewarding for investors. The suburb's unique blend of semi-rural charm and proximity to urban amenities makes it attractive to families and professionals seeking a peaceful lifestyle without sacrificing convenience. This demand is likely to continue driving growth in the housing market, making Roleystone a promising choice for those looking to invest in property with both capital appreciation and rental income potential.

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