Question 1

Is Rosemeadow a nice place to live?

Accepted Answer

Rosemeadow is a residential suburb in Sydney’s Macarthur region, just south of Campbelltown. It consists mainly of low-rise detached homes with some townhouses, and its streets are anchored by neighbourhood shops, parks and sporting fields that suit family life. Day-to-day living revolves around local amenities and green space, and regular bus links provide straightforward access to Campbelltown and the Macarthur shopping and rail precinct. The suburb attracts families and local workers seeking a practical suburban base with access to larger retail, health and education services nearby.

About 8,000 people live in Rosemeadow; the median age is 34 and the typical household income is $1,708 per week. Most homes are owner-occupied (65.8%) while renters make up 34.1%, and couple families with children are the largest family group. The Rosemeadow Estate Redevelopment has created a mixed-tenure community of about 230 new homes and delivered 45 social homes for people aged 55 and over. Council projects in the area include playspace and outdoor fitness upgrades at Ophelia Reserve, improved shared paths linking Rosemeadow to nearby open spaces, and new or upgraded community floor space.

Question 2

Is it expensive to live in Rosemeadow?

Accepted Answer

A median house price in Rosemeadow of $975,500 works out to about 11 times a typical local household's annual income at the last Census. For renters, a house rent of $610 a week is about 35.7% of that typical local household's weekly income at the last Census, while unit rent of $480 a week is about 28.1% of it. On these figures, buying sits well above what local households earned at the last Census, and renting would take a sizeable share for a house and a moderate share for a unit; whether that feels expensive will depend on your own income and circumstances.

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 Rosemeadow a good place to invest?

Accepted Answer

Over the past 12 months house values in Rosemeadow rose 8.4%, a solid increase in what houses are worth. House rents climbed 6.1% over the same period, also a solid rise. On the available figures, capital growth for houses outpaced rental growth this year.

If rental income is your main priority, the rent rise is the relevant number to watch; if capital growth matters more, the value change is the key figure. Whether that balance suits your investment goals and circumstances is for you to decide.

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	$976K	N/A
Change in value Past 12 months	8.4%	N/A
Sold Past 3 months	12	N/A
Median days on market Past 12 months	13	N/A
Average rent Past 12 months	$610	$480
Change in rent Past 12 months	6.1%	N/A

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