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: