Rosehill (postcode 2142) is a smaller residential area in New South Wales within the Parramatta local government area. The area has roughly 4,047 residents and a mix of young professionals and families, with a median age of 32. Households earn a median income of $92K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.3% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, machinery operators & drivers. Employment in the area leans toward professional services and healthcare. The top ancestries reported are Indian, Chinese, English.
Median house prices in Rosehill stand at $1.5 million, having climbed sharply by 15.9% over the last twelve months. Units have a median price of $520,000 (+2% YoY). The current median weekly rent is $630. This gives a gross rental yield of approximately 2.2%. The median monthly mortgage repayment is $1,997.
Rosehill is served by 1 school, including 1 primary. The average ICSEA score is 1067, which is above the national average of 1,000. Public transport access includes 8 bus stops. The crime rate in the Parramatta LGA is below average at 3,255 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 2.2% (low yield). Property prices are near the state median ($1.5M/$1.5M). The price-to-income ratio of 16.1x is considered stretched. House prices have moved +15.9% year-on-year. Population growth of +1.3% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.