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Rosslyn Park suburb profile

Rosslyn Park is a picturesque suburb nestled in the eastern foothills of Adelaide, South Australia. Known for its leafy streets and serene environment, it offers a peaceful retreat while being just 7km from the city centre. The suburb is characterized by its spacious homes, many of which boast stunning views of the Adelaide Hills. Rosslyn Park is popular among families and professionals seeking a tranquil lifestyle with easy access to quality schools, parks, and local amenities. Its proximity to the bustling Norwood Parade and Burnside Village adds to its appeal, making it a desirable location for those seeking a blend of suburban charm and urban convenience.

Rosslyn Park property market performance

Rosslyn Park's property market has shown minimal activity over the past 12 months, with no change in median house or unit values. The suburb recorded only 2 house sales and no unit sales, indicating limited market movement. Houses have a median time on market of 44 days, reflecting a moderate pace of sales.

The rental market for houses in Rosslyn Park has experienced a significant increase, with average rents rising by 13.3% over the last year to $810. However, there is no data available for unit rentals, suggesting a lack of activity in this segment.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
-1.9%N/A
Sold
Past 3 months
2N/A
Median days on market
Past 12 months
44N/A
Average rent
Past 12 months
$810N/A
Change in rent
Past 12 months
13.3%N/A

5 year median price trend for houses and units

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Rosslyn Park demographics

Rosslyn Park, nestled in the eastern suburbs of Adelaide, is a serene and affluent area known for its leafy streets and family-friendly environment. With a population of 1,469, it offers a peaceful retreat from the hustle and bustle of city life while still being conveniently close to the amenities of Adelaide. The median age of 49 suggests a mature community, with many residents likely enjoying the tranquility and established nature of the suburb.

The suburb's demographic profile is characterized by a balanced mix of family types, with 45% of households being couple families with children and 44.8% being couple families without children. This indicates a strong family presence, supported by the suburb's proximity to quality schools and parks. The presence of one-parent families, at 9.3%, adds to the diversity of the community.

Property ownership in Rosslyn Park is predominantly outright, with 56.8% of homes owned outright, reflecting the suburb's appeal to long-term residents and retirees. Additionally, 29.3% of properties are owned with a mortgage, while only 13.9% are rented, highlighting the suburb's stability and desirability for homeownership. The median total household income of $2,220 per week underscores the suburb's affluent status, making it an attractive location for those seeking a high-quality lifestyle in a picturesque setting.

Rosslyn Park infrastructure, key developments and investment opportunities

Rosslyn Park benefits from its location within the City of Burnside, giving residents access to ongoing council investment in parks, walking trails and community facilities in nearby foothill suburbs, which helps maintain the area’s appeal to families and professionals.[1][5] Its position along major corridors such as The Parade and Kensington Road provides strong connectivity to the CBD and neighbouring education and employment hubs, underpinning buyer demand and supporting long-term capital growth prospects.[1][8]

There are currently no widely publicised large-scale new transport links, school redevelopments or commercial precinct projects specific to Rosslyn Park, so no major step-change in local infrastructure is underway at this time.[1][8] Instead, the suburb’s property market is more influenced by incremental improvements in surrounding amenities, established school catchments in the eastern suburbs, and the ongoing desirability of its leafy, elevated setting near the Adelaide Hills.[1]

Rosslyn Park rental market trends

The rental market in Rosslyn Park has experienced growth, with house rents increasing by 13.3% over the past year to $810 per week. However, unit rents have remained unchanged, indicating a potential lack of available units or stable demand in this segment. Rosslyn Park continues to attract interest with its desirable location and amenities.

Suburbs near Rosslyn Park

Some popular suburbs near Rosslyn Park include:

How does Rosslyn Park compare to nearby suburbs?

  • Median house prices: Rosslyn Park’s median house price is 80.2% higher than Magill’s.
  • House price growth: Property prices in nearby Wattle Park have risen 17.3% more than in Rosslyn Park over the past year.
  • Selling speed for houses: Properties in Rosslyn Park are selling 32.3% faster than in Wattle Park.
  • House price growth: Over the past 12 months, house prices in Rosslyn Park have grown 70.8% higher than the average rate of growth across Adelaide.

Common questions about Rosslyn Park

  • Is Rosslyn Park a nice place to live?

    Rosslyn Park is a delightful suburb that offers a serene and charming lifestyle, making it a wonderful place to call home. Nestled in the eastern suburbs of Adelaide, it is renowned for its leafy streets and tranquil atmosphere, providing a peaceful retreat from the hustle and bustle of city life. The suburb's proximity to the Adelaide Hills adds a touch of natural beauty, while its location just a short drive from the city centre ensures that residents have easy access to urban amenities.

    Families will find Rosslyn Park particularly appealing due to its strong community feel and access to quality schools and parks. The suburb's spacious homes and safe environment make it an ideal setting for raising children. While it may not boast the nightlife of inner-city areas, Rosslyn Park compensates with its close proximity to vibrant shopping and dining precincts like Norwood Parade and Burnside Village, offering a variety of cafes, restaurants, and shops to explore.

    One trade-off of living in Rosslyn Park is the lack of large-scale new infrastructure projects, which means that the suburb maintains its established charm without significant changes. However, this stability is part of its appeal, as it ensures a consistent and desirable living environment. The suburb's affluent status and high rate of homeownership reflect its desirability for those seeking a high-quality lifestyle in a picturesque setting. Overall, Rosslyn Park is a fantastic choice for families and professionals looking for a peaceful yet conveniently located suburb with a strong sense of community.

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  • Is it expensive to live in Rosslyn Park?

    Living in Rosslyn Park can be considered relatively affordable compared to many other suburbs, especially since the current median house and unit prices are not available, suggesting a lack of recent sales data. However, the average rent for houses is around $810 per week, which might be on the higher side for some. This figure indicates that renting a house in Rosslyn Park could take a significant portion of your income if you're earning the average wage in the area.

    When comparing the average wage in Rosslyn Park, which is about AUD 2,000 per week, to the median weekly household income of AUD 2,220, it seems that residents generally earn a comfortable amount. This income level is quite competitive and suggests that while rents might be high, many residents have the financial means to manage these costs. If you are thinking of living in Rosslyn Park, it's crucial to consider your financial situation and whether it aligns with the housing and rental prices in the 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 Rosslyn Park a good place to invest?

    Rosslyn Park presents a unique investment opportunity, especially for those interested in rental income. While the median house and unit values have remained stable over the past year, the suburb has experienced a significant 13.3% increase in house rents. This suggests a strong demand for rental properties, making it an attractive option for investors looking to capitalize on rental yields.

    The stability in property values indicates a low-risk environment, which can be appealing for investors seeking a safe haven for their capital. Although unit rents have not seen the same growth as houses, the steady property values suggest a balanced market with potential for future appreciation. Rosslyn Park's appeal lies in its ability to offer consistent rental returns, particularly for houses, which could be a strategic choice for those focusing on income generation rather than immediate capital gains.

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Choose the right real estate agents in Rosslyn Park

There are 14 real estate agents in Rosslyn Park, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 40.0% of all sales in the past year.

Commission rates in Rosslyn Park typically range from 1.13% to 2.5%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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