Rozelle suburb profile
Rozelle is a charming suburb located just 4km west of Sydney's CBD, known for its vibrant community and rich history. Nestled on the Balmain Peninsula, Rozelle offers a blend of heritage architecture and modern living, with a variety of cafes, boutiques, and galleries lining its streets. The suburb is famous for the Rozelle Markets, a popular weekend destination for vintage finds and artisanal goods. With its proximity to the city, excellent public transport options, and scenic waterfront views, Rozelle attracts professionals, families, and creatives seeking a lively yet relaxed urban lifestyle.
Rozelle property market performance
Rozelle's property market has remained stable over the past 12 months, with no change in median house and unit values. The median house price stands at $2.15 million, while the median unit price is $1.79 million. This stability reflects a balanced demand for both property types in the area.
Sales activity has been moderate, with 47 houses and 16 units sold in the past 12 months. Houses are selling slightly faster than units, with a median of 31 days on the market compared to 34 days for units, indicating a steady interest in both sectors.
The rental market in Rozelle has shown some movement, with unit rents increasing by 10% over the last 12 months, while house rents have remained unchanged. This suggests a growing demand for rental units in the suburb.
Median price - houses$2.18MPast 3 months
Median price - units$1.87MPast 3 months
Change in value - houses-3.4%12 months
Change in value - units-0.4%12 months
Houses sold40Past 3 months
Units sold16Past 3 months
Median DOM - houses33.5Past 12 months
Median DOM - units35.5Past 12 months
Average rent - houses$890Past 12 months
Average rent - units$825Past 12 months
Change in rent - houses-1.1%Past 12 months
Change in rent - units10.0%Past 12 months
Rozelle demographics
Rozelle, nestled in Sydney's Inner West, is a charming suburb known for its blend of historic charm and modern convenience. With a population of 8,553 and a median age of 40, Rozelle attracts a diverse mix of families, professionals, and long-term residents who appreciate its village-like atmosphere and proximity to the city. The suburb's vibrant community is reflected in its bustling markets, cafes, and local events, making it a lively place to live.
The suburb's housing landscape is varied, with a significant portion of properties being owned outright (26.6%) or with a mortgage (33.1%), indicating a stable and established community. However, with 40.4% of properties being rented, Rozelle also appeals to those seeking flexibility, including young professionals and families. The suburb's family-friendly nature is evident, with 41.7% of households being couple families with children, complemented by a substantial 45.2% of couple families without children.
Rozelle's appeal is further enhanced by its strong sense of community and excellent amenities, including parks, schools, and easy access to public transport. The suburb's high median household income of $3,196 per week reflects its affluent demographic, while its mix of heritage homes and modern developments offers something for everyone. Whether you're drawn by its community spirit, convenient location, or vibrant lifestyle, Rozelle is a suburb that offers a unique blend of urban living and suburban charm.
Rozelle infrastructure, key developments and investment opportunities
Rozelle is undergoing significant transformation with the WestConnex Rozelle Interchange project nearing completion. This major infrastructure development aims to improve traffic flow and connectivity in the area. The project includes new green spaces and pedestrian/cycle paths, enhancing local amenities. Additionally, the revitalization of the former White Bay Power Station site is progressing, with plans for a technology and innovation hub that could boost local employment opportunities.
The suburb is also seeing increased residential development, with several new apartment complexes being constructed or planned, particularly near the waterfront areas. These developments are likely to increase housing supply and potentially impact property values. Rozelle's proximity to the CBD, coupled with its village atmosphere and ongoing infrastructure improvements, continues to make it an attractive location for homebuyers and investors.
Rozelle rental market trends
The rental market in Rozelle has shown stability for houses, with rents remaining unchanged at $895 per week over the past year. In contrast, unit rents have experienced a 10% increase, reaching $825 per week. This dynamic suggests a growing demand for units, making Rozelle an attractive option for renters and investors seeking opportunities in a vibrant suburb.
Suburbs near Rozelle
Some popular suburbs near Rozelle include: