Roselands (postcode 2196) is a well-established suburb in New South Wales within the Canterbury-Bankstown local government area. It is home to about 12,356 residents, with a settled mid-life population and a median age of 38. Households earn a median income of $88K per year, with an average household size of 3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.0% 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, managers. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are Lebanese, Greek, Australian.
Median house prices in Roselands stand at $1.6 million, having increased by 2.6% over the last twelve months. Units have a median price of $630,000 (+13% YoY). The current median weekly rent is $590. This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,281.
Roselands is served by 1 school, including 1 primary. The average ICSEA score is 1001, which is around the national average of 1,000. Public transport access includes 70 bus stops. The crime rate in the Canterbury-Bankstown LGA is below average at 2,382 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 2.0% (low yield). Property prices are near the state median ($1.6M/$1.5M). The price-to-income ratio of 17.7x is considered stretched. House prices have moved +2.6% year-on-year. Population growth of +1.0% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.