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Roselands suburb profile

Roselands is a suburban gem located in the southwestern part of Sydney, approximately 16km from the CBD. Known for its family-friendly atmosphere, Roselands offers a mix of residential charm and urban convenience. The suburb is home to the iconic Roselands Shopping Centre, which serves as a central hub for retail and dining. With its tree-lined streets and community parks, Roselands provides a peaceful environment for families and professionals alike. The area is well-connected by public transport, making it easy to access the broader Sydney region. Its blend of amenities and suburban tranquility makes Roselands a desirable place to live.

Roselands property market performance

Roselands has experienced a robust property market over the past 12 months, with house values surging by 16.9% and unit values increasing by 3.6%. The median house price has reached $1.48 million, while units are averaging $570,000, indicating strong demand for houses in the area.

Sales activity has been moderate, with 25 houses and 17 units sold in the past three months. Both houses and units are selling relatively quickly, with median days on market at 32 and 30 days, respectively, suggesting a competitive market environment.

The rental market in Roselands has shown varied trends, with house rents increasing by 2.8% and unit rents rising significantly by 13.4% over the last 12 months, reflecting a growing demand for rental units in the suburb.

Median price - houses$1.47MPast 3 months

Median price - units$570KPast 3 months

Change in value - houses16.2%12 months

Change in value - units3.6%12 months

Houses sold26Past 3 months

Units sold16Past 3 months

Median DOM - houses33Past 12 months

Median DOM - units26Past 12 months

Average rent - houses$780Past 12 months

Average rent - units$560Past 12 months

Change in rent - houses0.6%Past 12 months

Change in rent - units12.0%Past 12 months

Roselands demographics

Roselands, located in the southwestern suburbs of Sydney, is a family-friendly area known for its community-oriented atmosphere and convenient amenities. With a population of 12,356 and a median age of 38, Roselands is home to a diverse mix of families, professionals, and retirees. The suburb's median total household income of $1,685 per week reflects a comfortable standard of living, appealing to those seeking a balanced lifestyle.

Family life is a significant aspect of Roselands, with 53.2% of households being couple families with children, highlighting its appeal to those raising families. Additionally, 26.6% of households are couple families without children, and 18.2% are one-parent families, indicating a supportive environment for various family structures. The presence of schools, parks, and shopping centers like Roselands Shopping Centre adds to the suburb's family-friendly appeal.

In terms of property ownership, Roselands offers a mix of stability and opportunity. A substantial 32.2% of properties are owned outright, while 37% are owned with a mortgage, suggesting a strong sense of community and long-term residency. Meanwhile, 30.8% of properties are rented, providing options for those seeking flexibility. This balance of ownership and rental opportunities makes Roselands an attractive suburb for both established families and newcomers looking to settle in a welcoming community.

Roselands infrastructure, key developments and investment opportunities

Roselands is undergoing several developments that may impact its property market. The Roselands Shopping Centre, one of Australia's first enclosed malls, is slated for a major redevelopment to modernize the retail precinct and potentially boost local property values. Additionally, improvements to public transport connectivity are being planned, including enhanced bus services, which could increase the suburb's appeal to commuters.

The Roselands Aquatic Centre has recently been upgraded, providing improved recreational facilities for residents. New residential developments, including townhouses and apartments, are also emerging in parts of Roselands, increasing housing diversity. These projects, combined with Roselands' central location and proximity to major roads like King Georges Road and the M5 Motorway, are likely to sustain strong interest in the local property market.

Roselands rental market trends

The rental market in Roselands has experienced moderate growth, with house rents increasing by 2.8% over the past year to $780 per week, while unit rents have seen a significant rise of 13.4% to $550 per week. This suburb offers a balanced mix of affordability and growth potential, making it an attractive option for both renters and investors.

Suburbs near Roselands

Some popular suburbs near Roselands include:

Common questions about Roselands

  • Is Roselands a nice place to live?

    Roselands is a delightful suburb that offers a harmonious blend of suburban tranquility and urban convenience, making it a lovely place to call home. With its charming tree-lined streets and a strong sense of community, Roselands is particularly appealing to families seeking a peaceful environment. The suburb is well-known for its welcoming atmosphere and is home to a diverse mix of residents, including families, professionals, and retirees. The presence of parks and green spaces provides ample opportunities for outdoor activities, while the iconic Roselands Shopping Centre serves as a central hub for shopping and dining, ensuring that all essential amenities are within easy reach.

    For families, Roselands offers a supportive environment with access to quality schools and community facilities. The suburb's family-friendly vibe is complemented by its safety and the sense of stability that comes from a community where many residents have chosen to settle long-term. While Roselands may not have the bustling nightlife of inner-city areas, it compensates with a quieter lifestyle and a strong sense of belonging. The recent upgrades to the Roselands Aquatic Centre and ongoing developments in the area promise to enhance the suburb's appeal further, offering improved recreational facilities and housing diversity.

    Living in Roselands does come with some trade-offs. While it provides a peaceful suburban lifestyle, those seeking the excitement of city life might find it a bit too quiet. Additionally, although the suburb is well-connected by public transport, commuting to the CBD can take some time, especially during peak hours. However, for those who value a balanced lifestyle with the convenience of urban amenities and the comfort of a close-knit community, Roselands is a wonderful choice.

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  • Is it expensive to live in Roselands?

    Living in Roselands can be a bit of a financial stretch, especially when you look at the housing market. The current median house price is $1,480,000, which is quite significant compared to the average house prices in other Sydney suburbs. If you're considering renting, the average rent for houses is around $780 per week, while units are slightly more affordable at $550 per week. These figures suggest that housing in Roselands is on the pricier side, particularly for those looking to buy.

    When you compare the local median total household income, which is $1,685 per week, to the average wage in Sydney of approximately $93,000 per year, it becomes clear that a substantial portion of income would need to be allocated towards housing costs. This could make living in Roselands challenging for those earning around the average wage, as the cost of housing would take up a significant chunk of their earnings.

    Overall, while Roselands offers a suburban lifestyle with the convenience of being close to Sydney, the cost of living here, especially in terms of housing, can be considered high. If you're thinking of living in Roselands, it's important to evaluate your financial situation to ensure you can comfortably manage the expenses associated with this 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 Roselands a good place to invest?

    Roselands is showing promising signs as a potential investment suburb, especially for those interested in the housing market. Over the past 12 months, the median house value in Roselands has increased by an impressive 16.9%, indicating strong capital growth. This suggests that houses in the area are in high demand, which could be driven by factors such as its location, amenities, or community appeal.

    While the growth in median unit values has been more modest at 3.6%, the rental market for units is thriving, with a significant 13.4% increase in rent over the past year. This indicates a strong demand for rental units, potentially offering investors good rental returns. On the other hand, rent for houses has seen a smaller increase of 2.8%, which might appeal to those looking for stable, long-term rental income.

    Overall, Roselands presents a balanced investment opportunity. The strong growth in house values suggests potential for capital appreciation, while the robust rental market for units offers attractive rental yields. This combination makes Roselands an appealing choice for investors seeking both growth and income potential.

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