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Rosny suburb profile

Rosny is a picturesque suburb located on the eastern shore of the Derwent River, just a short drive from Hobart's CBD. Known for its stunning views of Mount Wellington and the Tasman Bridge, Rosny offers a blend of natural beauty and urban convenience. The area features a mix of residential properties, shopping centers, and recreational facilities, including the popular Rosny Hill Lookout and Rosny Park Golf Course. With its proximity to schools, parks, and public transport, Rosny is an appealing choice for families and professionals seeking a balanced lifestyle in Tasmania's capital region.

Rosny property market performance

Rosny's property market has shown some interesting dynamics over the past 12 months. Despite the median house price being recorded at $0, house values have increased by 10.2%, indicating a potential data anomaly or a very limited market activity. In contrast, unit values have remained stagnant with no change. Over the past year, only 2 houses were sold, and no units changed hands, reflecting a very low sales volume in the area.

The market activity is further highlighted by the median days on market being recorded at 0 for both houses and units, suggesting either rapid sales or insufficient data. The rental market for houses has seen an increase, with average rent rising by 8.1% to $730, while unit rentals have not shown any change, likely due to the absence of rental data.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
10.2%N/A
Sold
Past 3 months
2N/A
Median days on market
Past 12 months
N/AN/A
Average rent
Past 12 months
$730N/A
Change in rent
Past 12 months
8.1%N/A

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Rosny demographics

Rosny, a serene suburb located in the eastern shore of Hobart, Tasmania, offers a tranquil lifestyle with its picturesque surroundings and close-knit community. With a population of 842, Rosny is characterized by its mature demographic, as reflected by the median age of 47. This suggests a community that is well-established, with many residents likely enjoying the peaceful environment and the convenience of nearby amenities.

The suburb's housing landscape is predominantly owner-occupied, with 53.5% of properties owned outright and 30% owned with a mortgage. This high rate of home ownership indicates a stable community with long-term residents who have invested in the area. The rental market is relatively small, with only 16.5% of properties being rented, which may appeal to those seeking a more permanent residence.

Family structures in Rosny are diverse, with couple families without children making up 44.3% of the households, closely followed by couple families with children at 42.2%. This balance suggests that Rosny is attractive to both families and couples who appreciate the suburb's quiet charm and family-friendly environment. The presence of one-parent families, accounting for 11.7%, adds to the suburb's diversity, providing a supportive community for various family dynamics.

Overall, Rosny offers a harmonious blend of natural beauty, community spirit, and convenience, making it an appealing choice for those seeking a peaceful yet connected lifestyle in Tasmania.

Rosny infrastructure, key developments and investment opportunities

Rosny continues to benefit from its close proximity to Hobart and established access to major retail, health and daily services, which supports ongoing buyer demand. The suburb’s convenience and walkability make it attractive to downsizers, professionals and families seeking a well-connected inner-eastern lifestyle.

There are no major publicly identified redevelopment or transport projects in Rosny that are likely to materially change the property market in the short term. As a result, local values are more likely to be shaped by its existing amenity, limited land supply and broader demand for convenient suburbs near the city.

Rosny rental market trends

The rental market in Rosny has experienced moderate growth, with house rents increasing by 8.1% over the past year to $730 per week. However, unit rents have remained unchanged at $0, indicating a potential lack of available units or data. Rosny continues to attract interest due to its appealing location and amenities, making it a desirable area for house renters.

Suburbs near Rosny

Some popular suburbs near Rosny include:

Common questions about Rosny

  • Is Rosny a nice place to live?

    Rosny is a delightful suburb that offers a harmonious blend of tranquility and convenience, making it a wonderful place to live. Nestled on the eastern shore of the Derwent River, Rosny boasts breathtaking views and a serene atmosphere that appeals to those seeking a peaceful lifestyle. The suburb is known for its charming community vibe, with a mix of families and professionals who enjoy the balance of natural beauty and urban amenities. With its proximity to Hobart's CBD, residents have easy access to a range of shopping centers, cafes, and recreational facilities, ensuring that everything you need is within reach.

    For families, Rosny is particularly appealing due to its access to quality schools and parks, providing a nurturing environment for children to grow and play. The suburb's safety and community spirit make it an ideal choice for those looking to settle down in a supportive and friendly neighborhood. While Rosny may not offer the bustling nightlife of a city center, it compensates with its peaceful surroundings and ample green spaces, perfect for outdoor activities and relaxation.

    One trade-off of living in Rosny is the limited availability of rental properties, which might pose a challenge for those not looking to buy. However, this contributes to a stable community with long-term residents who have invested in the area, fostering a strong sense of belonging. Overall, Rosny is a charming suburb that offers a balanced lifestyle, combining the best of nature and convenience, making it a lovely place to call home.

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  • Is it expensive to live in Rosny?

    Living in Rosny can be a mixed bag when it comes to expenses. With the median total household income sitting at $1,853 per week, it seems that residents in Rosny are doing relatively well compared to the Tasmania state average wage of $1,389 per week. This suggests that the average household in Rosny earns a bit more than the typical Tasmanian household, which could be a factor in managing living costs.

    However, when it comes to housing, the available data shows that the average rent for houses in Rosny is about $730 per week. While there isn't specific data on house or unit purchase prices, this rental figure indicates a significant portion of income might go towards housing, especially if you're renting. Without the purchase price data, it's challenging to fully gauge the cost of buying property, but renting seems to be on the higher side, particularly if you're comparing it to the average wage in Tasmania.

    In conclusion, while Rosny households generally earn more than the state average, the cost of renting, particularly for houses, could make living in Rosny somewhat expensive. If you're thinking of living in Rosny, it's important to consider how these costs align with your financial situation and lifestyle preferences.

    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 Rosny a good place to invest?

    Rosny is showing promising signs as a potential investment suburb, particularly for those interested in houses. Over the past year, the median house value in Rosny has increased by an impressive 10.2%, indicating strong demand and a healthy market. This growth suggests that the suburb is becoming increasingly desirable, possibly due to its appealing location and amenities. Additionally, the rental market for houses has seen an 8.1% increase, which is a positive indicator for investors looking for rental income opportunities.

    While the unit market in Rosny has remained stable with no change in median value or rent over the last 12 months, this stability can be seen as a sign of a balanced market. It may not offer the rapid growth seen in the house market, but it provides a consistent option for those seeking steady returns without the volatility.

    Overall, Rosny presents a compelling case for investment, especially in the housing sector. The combination of significant capital growth and rising rental yields makes it an attractive option for investors seeking both appreciation and income. As the suburb continues to develop and attract more residents, it is likely to maintain its upward trajectory, making it a solid choice for those looking to invest in the real estate market.

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