Question 1

Is Rostrevor a nice place to live?

Accepted Answer

Rostrevor sits on the lower slopes of the Mount Lofty Ranges and has a leafy, hillside character. Streets are lined with established trees and a mix of mid-century brick and weatherboard homes, many renovated alongside newer infill housing. It attracts families and professionals after a quieter suburban hillside lifestyle with ready access to parks, walking trails and local sporting reserves. Everyday needs are met by small shopping strips and nearby larger centres, and buses and main roads provide straightforward links to the city.

Nearly half of families are couple families with children (49.4%); the population is 8,452, with a median age of 41 and a median total household income of $1,791 a week (roughly $93,100 a year). Owner-occupation is dominant, with about four in five homes owned outright or with a mortgage. There has been recent education investment, including a new secondary college with multi-level learning buildings, a performing arts centre, gymnasium, sports ovals and a library, and Rostrevor College is progressing campus upgrades. Taken together, Rostrevor reads as a settled, established suburb of families and owner-occupiers; whether it suits you depends on what you want from a suburb.

Question 2

Is it expensive to live in Rostrevor?

Accepted Answer

Buying a house in Rostrevor 5073 works out to about 13.8 times a typical local household's annual income at the last Census, based on a median house price of $1,285,000 and a Census weekly household income of $1,791. That multiple sits well above local incomes at the last Census. Rents are lower in relative terms: a house rent of $680 a week would take about 38% of a typical local household's weekly income, a sizeable share, while a unit rent of $530 a week would take about 29.6%, a moderate share. On these figures, buying is much more stretched against local incomes than renting; whether that feels expensive depends on your own 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 Rostrevor a good place to invest?

Accepted Answer

The clearest movement in Rostrevor over the past year is in house prices: median house values climbed 24.5%, a strong rise in what a house here is worth. House rents, by comparison, edged up just 1.5% over the year, a marginal increase, so the housing side this year has shown much larger capital growth than rental growth. Unit rents rose 8.2% over the same period, a solid increase, which means rental income from units has been the stronger rental performer this year.

Whether those patterns make Rostrevor a good investment for you depends on whether you prioritise capital growth or rental income and on your own goals and circumstances.

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	$1.28M	N/A
Change in value Past 12 months	24.5%	N/A
Sold Past 3 months	37	N/A
Median days on market Past 12 months	61	N/A
Average rent Past 12 months	$680	$530
Change in rent Past 12 months	1.5%	8.2%

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