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Rostrevor suburb profile

Rostrevor is a picturesque suburb located in the eastern foothills of Adelaide, South Australia, known for its serene environment and natural beauty. It offers a harmonious blend of suburban living and access to nature, with Morialta Conservation Park providing stunning walking trails and scenic views. The suburb is popular among families and professionals due to its excellent schools, including Rostrevor College, and convenient amenities. With a mix of modern homes and established properties, Rostrevor provides a peaceful yet connected lifestyle, making it a desirable location for those seeking tranquility without sacrificing proximity to the city.

Rostrevor property market performance

Rostrevor’s property market has experienced significant growth in house values over the past 12 months, with a notable increase of 22.7%. The current median house price stands at approximately $1.24 million. However, the unit market remains stagnant, with no change in median unit values and limited sales activity, as only 2 units were sold in the past year.

In terms of sales activity, 37 houses were sold over the last 12 months, with houses spending a median of 59 days on the market. The unit market shows minimal activity, indicating a lack of demand or supply in this segment.

The rental market in Rostrevor has remained stable over the past year, with no change in average rent prices for both houses and units. The average rent for houses is $665, while units average $525, reflecting a steady rental environment.

HousesUnits
Median price
Past 3 months
$1.24MN/A
Change in value
Past 12 months
22.7%N/A
Sold
Past 3 months
372
Median days on market
Past 12 months
59N/A
Average rent
Past 12 months
$665$525
Change in rent
Past 12 months
-0.7%N/A

5 year median price trend for houses and units

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Rostrevor demographics

Rostrevor, nestled in the eastern suburbs of Adelaide, is a charming and family-friendly area known for its leafy streets and community-oriented atmosphere. With a population of 8,452, the suburb offers a serene lifestyle while still being conveniently close to the city. The median age of 41 suggests a mature community, with many families and long-term residents enjoying the peaceful environment and proximity to nature, including the nearby Morialta Conservation Park.

The suburb's housing landscape is predominantly owner-occupied, with 43.9% of properties owned outright and 36.5% owned with a mortgage. This high level of home ownership reflects the stability and appeal of Rostrevor as a place to settle down. Only 19.6% of properties are rented, indicating a strong preference for long-term residency among its inhabitants. The community is largely composed of family households, with 49.4% being couple families with children and 34.6% being couple families without children, highlighting its appeal to both growing families and those seeking a quieter lifestyle.

Rostrevor's median total household income of $1,791 per week is indicative of a comfortable standard of living, supported by the suburb's access to quality schools, parks, and local amenities. The presence of one-parent families at 14.8% and other family types at 1.2% adds to the suburb's diversity, fostering a welcoming and inclusive community. Overall, Rostrevor offers a balanced blend of suburban tranquility and urban convenience, making it an attractive choice for families and individuals seeking a harmonious lifestyle.

Rostrevor infrastructure, key developments and investment opportunities

Rostrevor continues to benefit from its proximity to Morialta Conservation Park and numerous local reserves, supporting strong buyer demand for homes with easy access to green space and walking trails.[1][8] The presence of established education options, including well-regarded schools such as Rostrevor College and nearby public schools, underpins consistent interest from families seeking long-term housing in the area.[1] Existing bus services along key corridors into the CBD provide reasonable public transport connectivity, which helps maintain appeal for city commuters without relying on major new transport projects.[8][9]

There are no widely reported major new infrastructure or rezoning initiatives specific to Rostrevor at this time that would significantly alter its property market trajectory.[1][9] Instead, gradual infill development and ongoing upgrades in nearby shopping and dining hubs such as Newton and Magill are incrementally improving local amenity, supporting steady price growth rather than dramatic change.[1][8]

Rostrevor rental market trends

The rental market in Rostrevor has remained stable over the past year, with no change in house rents, maintaining a median of $665 per week, and unit rents steady at $525 per week. This stability suggests a balanced market, providing consistent opportunities for both renters and investors in this suburban area.

Suburbs near Rostrevor

Some popular suburbs near Rostrevor include:

How does Rostrevor compare to nearby suburbs?

  • Median house prices: Rostrevor’s median house price is 23.8% higher than Newton’s.
  • House price growth: Over the past 12 months, house prices in Rostrevor have grown 6.6% higher than in Tranmere.
  • Selling speed for houses: Properties in Rostrevor are selling 13.2% faster than in Tranmere.
  • Selling speed for units: Properties in nearby Hectorville are selling 5.0% faster than in Rostrevor.
  • Investment considerations: In Rostrevor, the rental yield for house is 5.6% higher than the Adelaide average, while the rental yield for units is 6.8% lower.
  • House price growth: Over the past 12 months, house prices in Rostrevor have grown 28.9% higher than the average rate of growth across Adelaide.
  • Unit price growth:Over the past 12 months, unit prices in Rostrevor have grown 57.8% higher than the average rate of growth for units across Adelaide.

Common questions about Rostrevor

  • Is Rostrevor a nice place to live?

    Rostrevor is a delightful suburb that offers a serene and picturesque setting, making it a wonderful place to live. Nestled in the eastern foothills, it provides a peaceful escape from the hustle and bustle of city life while still maintaining convenient access to Adelaide's amenities. The suburb is known for its lush greenery and natural beauty, with Morialta Conservation Park offering stunning walking trails and breathtaking views, perfect for those who love the outdoors. The community vibe is warm and welcoming, with a strong emphasis on family and community connections, making it an ideal location for families looking to settle down.

    Families are particularly drawn to Rostrevor due to its excellent educational facilities, including well-regarded schools like Rostrevor College. The suburb's leafy streets and community-oriented atmosphere create a safe and nurturing environment for children to grow up in. While Rostrevor offers a tranquil lifestyle, it does come with some trade-offs. The peaceful environment means that it lacks the vibrant nightlife and entertainment options found in more urban areas. However, this is balanced by the suburb's proximity to shopping and dining hubs in nearby Newton and Magill, which provide a range of amenities and conveniences.

    Safety is generally not a major concern in Rostrevor, with its family-friendly atmosphere and strong sense of community contributing to a secure living environment. The suburb's charm lies in its ability to offer a harmonious blend of suburban tranquility and urban convenience, making it an attractive choice for those seeking a balanced lifestyle. While public transport options are available, they may not be as extensive as in more central locations, which is something to consider for city commuters. Overall, Rostrevor is a charming and peaceful suburb that offers a high quality of life, particularly for families and individuals who value a close-knit community and access to nature.

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  • Is it expensive to live in Rostrevor?

    Living in Rostrevor can be quite costly, especially when it comes to housing. The median house price in this suburb is currently $1,238,000, which is significantly higher than many other areas in Greater Adelaide. If you're considering renting, the average rent for houses is $665 per week, while units, although not as common, average around $525 per week.

    When you compare these figures to the average full-time wage in Greater Adelaide, which is about $95,000 annually, it becomes evident that a substantial portion of your income would be needed to cover housing costs in Rostrevor. The median total household income in Rostrevor is $1,791 per week, which is slightly above average, but the high property prices and rents still make the cost of living here relatively high.

    Overall, while Rostrevor offers the appeal of being an inner suburb with its proximity to Adelaide and its amenities, the financial commitment required for housing is considerable. If you're thinking of living in Rostrevor, it's important to evaluate your budget and financial situation to ensure it can accommodate the expenses associated with this desirable 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 Rostrevor a good place to invest?

    Rostrevor is showing promising signs as a potential investment suburb, particularly for those interested in the housing market. Over the past 12 months, the median house value in Rostrevor has surged by an impressive 22.7%, indicating strong demand and a healthy growth trajectory. This significant increase suggests that the suburb is becoming increasingly desirable, likely due to its appealing lifestyle and amenities.

    While the unit market in Rostrevor has remained stable with no change in median value, this could present an opportunity for investors seeking entry into the suburb at a more affordable price point. The stability in rental prices for both houses and units suggests a steady rental market, which can be attractive for investors looking for consistent rental income.

    Overall, Rostrevor's recent growth in house values and its stable rental market make it an attractive option for investors. The suburb's potential for continued appreciation, particularly in the housing sector, combined with its steady rental returns, positions Rostrevor as a solid choice for those looking to invest in a growing area.

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Choose the right real estate agents in Rostrevor

Choosing the right real estate agent in Rostrevor can have a big impact on your sale. While there are 76 real estate agents working in the suburb, but just 5 of them were responsible for 35.9% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.13% to 2.5%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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