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Rosslea suburb profile

Rosslea is a picturesque suburb located in Townsville, Queensland, known for its serene residential atmosphere and proximity to the Ross River. The suburb offers a mix of traditional Queenslander homes and modern residences, catering to a diverse community. Rosslea is home to the Townsville Golf Club, providing recreational opportunities for golf enthusiasts and contributing to the suburb's green, open spaces. Its convenient location offers easy access to local amenities, schools, and shopping centers, making it an attractive choice for families and professionals. The tranquil environment and community-oriented lifestyle make Rosslea a desirable place to live.

Rosslea property market performance

Current median dwelling price$529,500Past 3 months

Property growth+10.4%Past 12 months

Rosslea’s property market has experienced notable growth over the past 12 months, particularly in the unit sector. House values have increased by 5.0%, with the median house price reaching $580,000. Meanwhile, unit values have surged by 15.7%, bringing the median unit price to $479,000, indicating strong demand for units in the area.

Sales activity has been relatively balanced, with 11 houses and 10 units sold over the past 12 months. Houses are selling quickly, with a median of 24 days on the market, while units are moving even faster, with a median of just 7 days, highlighting the high demand for units.

The rental market in Rosslea has also seen significant changes, with house rents increasing by 4.4% and unit rents rising by 16.2% over the last 12 months. This suggests a strong rental demand, particularly for units, in the suburb.

HousesUnits
Median price
Past 3 months
$580K$479K
Change in value
Past 12 months
5.0%15.7%
Sold
Past 3 months
1110
Median days on market
Past 12 months
247
Average rent
Past 12 months
$470$430
Change in rent
Past 12 months
4.4%16.2%

5 year median price trend for houses and units

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Rosslea demographics

Rosslea, a suburb located in the city of Townsville, Queensland, offers a blend of suburban tranquility and urban convenience. With a population of 1,903, it is a relatively small community that provides a peaceful living environment. The median age of 35 suggests a balanced mix of young families, professionals, and older residents, contributing to a diverse and vibrant community atmosphere.

The suburb's housing landscape is predominantly rental-based, with 58.4% of properties being rented. This high rental rate indicates a flexible living arrangement that appeals to a variety of residents, including young professionals and transient workers. Meanwhile, 18.7% of properties are owned outright, and 23.0% are owned with a mortgage, reflecting a stable base of long-term residents who have chosen to settle in Rosslea.

Family dynamics in Rosslea are varied, with 27.6% of households being couple families with children and 47.1% being couple families without children. One-parent families make up 23.0% of the community, highlighting the suburb's inclusivity and support for diverse family structures. The median total household income of $1,332 per week suggests a moderate economic standing, which aligns with the suburb's appeal to both working professionals and families seeking affordability and convenience.

Rosslea infrastructure, key developments and investment opportunities

Rosslea benefits from its established position along the Ross River, with access to riverside parks, walking paths and nearby golf and sporting facilities, which support its appeal for lifestyle-focused buyers.[7][8] There are no widely publicised major new residential or commercial redevelopments in the suburb itself, but ongoing infill housing and unit projects across the inner Townsville corridor are gradually increasing density and providing more modern housing options, which may stabilise prices while improving amenity.[3][4]

Residents of Rosslea are serviced by nearby schools, health services and employment hubs in central Townsville, with short driving times to the CBD and hospital precinct supporting rental demand and owner-occupier interest.[7][8] At present there are no significant new transport or large-scale infrastructure projects announced specifically for Rosslea, so the property market is likely to be influenced more by broader Townsville economic trends and incremental local improvements than by any single transformative development.[7]

Rosslea rental market trends

The rental market in Rosslea has experienced varied growth, with house rents increasing by 4.4% over the past year to $470 per week, while unit rents have surged 16.2% to $430 per week. This significant rise in unit rents highlights a strong demand for more affordable living options, making Rosslea an attractive suburb for renters seeking value and convenience.

Suburbs near Rosslea

Some popular suburbs near Rosslea include:

How does Rosslea compare to nearby suburbs?

  • Median house prices: Rosslea’s median house price is 18.9% lower than Mundingburra’s.
  • Median unit prices: Rosslea’s median unit price is 6.3% higher than Hermit Park’s.
  • House price growth: Property prices in nearby Mundingburra have risen 23.7% more than in Rosslea over the past year.
  • Unit price growth: Property prices in nearby Mundingburra have risen 0.2% more than in Rosslea over the past year.
  • Selling speed for houses: Properties in nearby Mundingburra are selling 20.8% faster than in Rosslea.
  • Selling speed for units: Properties in Rosslea are selling 56.3% faster than in Mundingburra.

Common questions about Rosslea

  • Is Rosslea a nice place to live?

    Rosslea is a charming suburb that offers a delightful blend of suburban tranquility and urban convenience, making it a wonderful place to call home. Nestled along the picturesque Ross River, the suburb is known for its serene residential atmosphere and lush green spaces, providing a peaceful retreat from the hustle and bustle of city life. The presence of the Townsville Golf Club adds to the suburb's appeal, offering recreational opportunities for golf enthusiasts and contributing to the area's open, green landscape.

    Families will find Rosslea particularly appealing due to its proximity to local amenities, schools, and shopping centers, ensuring that all necessities are within easy reach. The suburb's community-oriented lifestyle fosters a welcoming environment for families, professionals, and retirees alike. Safety is generally not a major concern, allowing residents to enjoy the suburb's tranquil environment with peace of mind.

    While Rosslea offers a serene and family-friendly lifestyle, it does come with a few trade-offs. The suburb lacks the nightlife and cultural vibrancy of more urban areas, which may not appeal to those seeking a lively social scene. Additionally, while there are no significant new transport or large-scale infrastructure projects announced specifically for Rosslea, residents benefit from the suburb's established position along the Ross River and its easy access to central Townsville's employment hubs and health services.

    Overall, Rosslea is a delightful suburb that provides a peaceful living environment with the convenience of urban amenities nearby. It is an attractive choice for those seeking a balanced lifestyle, with the added benefit of a strong community feel and access to beautiful natural surroundings.

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  • Is it expensive to live in Rosslea?

    Living in Rosslea can be considered moderately priced, especially when compared to other suburbs within Queensland. The current median house price in Rosslea is $580,000, while units are priced at a median of $479,000. These figures are relatively affordable compared to more expensive areas in Queensland, making Rosslea an attractive option for those looking to buy property.

    For renters, the average rent for houses is $470 per week, and for units, it's $430 per week. These rental prices are fairly reasonable, aligning well with the local average wage of approximately $77,000 per year. When you compare this to the median total household income in Rosslea, which is $1,332 per week, the cost of living, particularly in terms of housing, seems manageable for many residents.

    Overall, Rosslea offers a balance of affordability and lifestyle, making it a viable option for those earning an average income in the area. If you're thinking of living in Rosslea, it's important to consider your financial situation and how it aligns with the housing costs in 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 Rosslea a good place to invest?

    Rosslea is showing promising signs as a potential investment hotspot, particularly for those interested in units. Over the past year, the suburb has experienced a significant 15.7% increase in median unit values, indicating strong demand and appreciation in this segment. This is complemented by a notable 16.2% rise in unit rents, suggesting a robust rental market that could provide attractive returns for investors.

    While the growth in house values and rents has been more modest, with a 5.0% increase in house values and a 4.4% rise in rents, these figures still reflect a stable and upward trend. This stability, combined with the impressive performance of the unit market, makes Rosslea an appealing choice for those looking to invest in real estate. The suburb's potential for continued growth and rental demand, especially in the unit sector, positions it as a compelling option for investors seeking both capital appreciation and rental income.

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Choose the right real estate agents in Rosslea

Currently, there are 50 real estate agents working in Rosslea—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 50 agents sold 33.3% of all properties in Rosslea over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Rosslea typically charge a commission of 2.47% to 3.09%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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