Get a property report and suburb profile for any property in Rosebud

Join the 2 million Australians* who use our services every year.

Geo Page

Rosebud suburb profile

Rosebud is a picturesque coastal suburb located on the Mornington Peninsula, approximately 75km south of Melbourne. Known for its stunning beaches and relaxed holiday vibe, Rosebud is a popular destination for both tourists and locals seeking a seaside escape. The suburb offers a range of recreational activities, including water sports, golf courses, and scenic walking trails. Rosebud's vibrant shopping precinct, local markets, and diverse dining options cater to a variety of tastes and preferences. With its family-friendly atmosphere and beautiful natural surroundings, Rosebud is an ideal spot for those looking to enjoy a laid-back coastal lifestyle.

Rosebud property market performance

Current median dwelling price$725,000Past 3 months

Property growth+3.7%Past 12 months

Rosebud’s property market has shown positive growth in the housing sector over the past 12 months, with house values increasing by 4.8%, bringing the median house price to $800,000. However, the unit market has remained stagnant, with no change in median unit value.

Sales activity has been robust, with 92 houses and 8 units sold over the last 12 months. Houses are selling relatively quickly, with a median of 34 days on the market, while units are taking longer at 55 days, indicating a slower demand for units.

The rental market in Rosebud has seen moderate increases, with house rents rising by 4.5% and unit rents by 7.3% over the last 12 months, suggesting a healthy demand for rental properties in the area.

HousesUnits
Median price
Past 3 months
$795K$655K
Change in value
Past 12 months
5.9%1.5%
Sold
Past 3 months
10011
Median days on market
Past 12 months
3555
Average rent
Past 12 months
$575$520
Change in rent
Past 12 months
2.7%8.8%

5 year median price trend for houses and units

Access homes before they're listed for sale

Build a buying brief and get first access to properties that aren't yet on the market.

OpenAdvantage

Rosebud demographics

Rosebud, located on the picturesque Mornington Peninsula, is a charming coastal suburb known for its relaxed lifestyle and beautiful beaches. With a population of 14,381, it offers a serene environment that attracts both retirees and families. The median age of 49 indicates a mature community, with many residents enjoying the tranquility and natural beauty of the area. Rosebud's appeal lies in its balance of coastal living and accessibility to essential amenities, making it a desirable location for those seeking a peaceful yet connected lifestyle.

The suburb's housing market reflects a strong sense of stability, with 42.8% of properties owned outright and 30% owned with a mortgage. This suggests a community with a significant number of long-term residents who have established roots in the area. The rental market, comprising 27.2% of properties, provides options for those looking for flexibility, including young families and individuals who appreciate the coastal lifestyle without the commitment of home ownership.

Family dynamics in Rosebud are diverse, with couple families without children making up 45.7% of the population, followed by couple families with children at 32.6%. One-parent families account for 20%, highlighting the suburb's inclusivity and support for various family structures. The median total household income of $1,183 per week reflects the area's affordability compared to metropolitan regions, making it an attractive option for those seeking a more relaxed pace of life. Overall, Rosebud offers a harmonious blend of community, natural beauty, and convenience, making it a sought-after destination on the Mornington Peninsula.

Rosebud infrastructure, key developments and investment opportunities

Rosebud continues to appeal to buyers for its coastal lifestyle, established amenities, and strong family-friendly profile, with local listings and market activity indicating steady demand for housing in the area.[2][3]

There are no major confirmed local infrastructure or redevelopment projects in the supplied information that are likely to materially change the property market in the near term, so Rosebud’s appeal is still being driven mainly by lifestyle, beach access, and existing amenity rather than new supply.[3][6]

Rosebud rental market trends

The rental market in Rosebud has experienced moderate growth, with house rents increasing 4.5% over the past year to $575 per week, while unit rents have seen a more significant rise of 7.3% to $515 per week. This coastal suburb continues to attract renters and investors alike, offering a blend of relaxed living and potential for future growth.

Suburbs near Rosebud

Some popular suburbs near Rosebud include:

How does Rosebud compare to nearby suburbs?

  • Median house prices: Rosebud’s median house price is 8.9% higher than Capel Sound’s.
  • House price growth: Over the past 12 months, house prices in Rosebud have grown 1.6% higher than in Capel Sound.
  • Unit price growth: Property prices in nearby Capel Sound have risen 0.6% more than in Rosebud over the past year.
  • Selling speed for houses: Properties in Rosebud are selling 10.3% faster than in Tootgarook.
  • Selling speed for units: Properties in Rosebud are selling 1.8% faster than in Capel Sound.
  • Investment considerations: In Rosebud, the rental yield for house is 8.7% lower than the Melbourne average, while the rental yield for units is 11.3% lower.
  • House price growth: Over the past 12 months, house prices in Rosebud have grown 21.1% lower than the average rate of growth across Melbourne.
  • Unit price growth:Over the past 12 months, unit prices in Rosebud have grown 12.1% higher than the average rate of growth for units across Melbourne.

Common questions about Rosebud

  • Is Rosebud a nice place to live?

    Rosebud is a delightful coastal suburb that offers a serene and inviting atmosphere, making it a wonderful place to call home. Nestled on the Mornington Peninsula, Rosebud is renowned for its stunning beaches and laid-back vibe, which attract both locals and visitors seeking a peaceful seaside retreat. The suburb is rich in recreational opportunities, with plenty of water sports, golf courses, and scenic walking trails to explore. Its vibrant shopping precinct and diverse dining options ensure that residents have access to all the amenities they need, while still enjoying the tranquility of coastal living.

    Families will find Rosebud particularly appealing due to its family-friendly environment and strong sense of community. The suburb's natural beauty and relaxed lifestyle provide an ideal setting for raising children, with plenty of outdoor spaces for play and exploration. Safety is generally not a concern, contributing to the suburb's appeal for families and retirees alike. While Rosebud offers a peaceful lifestyle, it is important to note that it may lack the hustle and bustle of city life, which some might miss. However, this trade-off is often seen as a positive aspect for those seeking a slower pace and a closer connection to nature.

    Overall, Rosebud is a charming suburb that offers a harmonious blend of coastal beauty, community spirit, and convenience. Its appeal lies in the balance of a relaxed lifestyle with access to essential amenities, making it a desirable location for those looking to enjoy the best of both worlds. Whether you're a family seeking a nurturing environment or someone looking to embrace a more laid-back way of life, Rosebud is a fantastic choice.

    Down Pointer
  • Is it expensive to live in Rosebud?

    Living in Rosebud can be somewhat expensive, especially when you compare it to the Victorian state averages. The median house price in Rosebud is around $800,000, which is a significant investment, particularly for those who earn the state average salary of about $80,000 per year. With a median household income of $1,183 per week in Rosebud, many residents might find that a large portion of their earnings is devoted to housing costs.

    Renting in Rosebud also reflects this trend, with the average rent for houses being $575 per week and $515 per week for units. These rental prices could be considered steep when compared to the median household income, suggesting that living in Rosebud might require careful financial planning. While the suburb offers a scenic lifestyle with its coastal charm, the cost of living, particularly in terms of housing, may be on the higher side for those earning near the state average wage.

    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.
    Down Pointer
  • Is Rosebud a good place to invest?

    Rosebud is showing promising signs as a solid investment suburb, particularly for those interested in rental properties. Over the past year, the median house value has increased by 4.8%, indicating a steady appreciation in property values. While the median unit value has remained stable, the rental market tells a different story. Rent for houses has risen by 4.5%, and units have seen an even more impressive increase of 7.3%. This suggests a strong demand for rental properties, making it an attractive option for investors seeking reliable rental income.

    The suburb's appeal is further enhanced by its coastal location, offering a relaxed lifestyle that attracts both families and retirees. This diverse demographic ensures a consistent demand for both houses and units. While the capital growth for units has been flat, the significant rise in rental returns makes them a viable investment option. Overall, Rosebud's combination of steady property value growth and strong rental demand positions it as a worthwhile consideration for investors looking for a balanced investment opportunity.

    Down Pointer

Choose the right real estate agents in Rosebud

There are 108 real estate agents in Rosebud, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 35.3% of all sales in the past year.

Commission rates in Rosebud typically range from 1.75% to 2.5%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

Not quite ready to sell?

icon

Property report

Suburb and property report

Completed by independent professional experts not a computer.
icon

OpenEstimates

Digital estimate for your property

Compare your property to three recent sales to get a digital estimate.
icon

Navigate the market like a pro

Navigate the market

Get an understanding of the market signals you should keep an eye on.