Question 1

Is Rosedale a nice place to live?

Accepted Answer

Rosedale is a small historic Gippsland town on the Princes Highway, set amid dairy country and pockets of bushland. Its compact main street of heritage buildings, a few shops and a country pub create a settled country-town atmosphere that attracts families and people after a quieter pace while still within reach of larger regional centres. Housing ranges from older timber cottages and weatherboard homes to larger rural blocks, and residents enjoy nearby parks, river corridors and walking trails.

The community numbers 1,729, with a median age of 45 and a household income of $1,224 a week. Most homes are owner-occupied (82.8%), and families are mainly couples without children alongside couples with children and one-parent households. Council and regional projects are under way or in planning, including a Prince Street Reserve master plan, a funded playground replacement at Rosedale Primary School, and regional water infrastructure linking Rosedale to the Traralgon system. Whether Rosedale suits you depends on whether you want a small established country town with shops, outdoor recreation and high home ownership.

Question 2

Is it expensive to live in Rosedale?

Accepted Answer

Renting a house in Rosedale runs to about $470 a week. Against a typical local household income of $1,224 a week as recorded at the most recent Census, that rent would take roughly 38.4% of a household's weekly income, which is a sizeable share. If you're renting rather than buying, that rent share is the figure that matters and will help you judge how the suburb sits against local incomes at the last Census.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

Question 3

Is Rosedale a good place to invest?

Accepted Answer

House values in Rosedale climbed 18.6% over the last 12 months, a strong rise in the capital value of houses. Over the same period, rents for houses fell 2.1%, a modest decline in the rental income those properties would generate.

So over the year capital growth outpaced rental income on the houses side in Rosedale. Which of those outcomes matters to you depends on whether you prioritise capital growth or rental income when weighing the suburb as an investment.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.

	Houses	Units
Median price Past 3 months	N/A	N/A
Change in value Past 12 months	18.6%	N/A
Sold Past 3 months	8	N/A
Median days on market Past 12 months	73	N/A
Average rent Past 12 months	$470	N/A
Change in rent Past 12 months	-2.1%	N/A

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