Roseville is a well-established suburb in New South Wales within the Ku-ring-gai local government area (postcode 2069). It is home to about 10,340 residents, with an established family demographic and a median age of 40. Households earn a median income of $166K per year, with an average household size of 2.9 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +0.1% 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, managers, clerical & administrative. Employment in the area leans toward professional services and finance & insurance. The top ancestries reported are English, Australian, Chinese.
Roseville has a median house price of $4.0 million, which has eased back by 0.7% year-on-year. Units have a median price of $1.0 million (+6.7% YoY). The current median weekly rent is $1425. This gives a gross rental yield of approximately 1.8%. The median monthly mortgage repayment is $3,651.
Roseville is served by 2 schools, including 1 primary, 1 combined. The average ICSEA score is 1182, which is well above the national average of 1,000. Public transport access includes 73 bus stops. The crime rate in the Ku-ring-gai LGA is low at 930 incidents per 100,000 population.
From an investment perspective, The gross rental yield works out to roughly 1.8%, which reads as low yield. Property prices are above the state median ($4.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 24.2x is considered stretched. House prices have moved -0.7% year-on-year. Population growth of +0.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.