Rossi (postcode 2621) is a quiet locality in New South Wales within the Queanbeyan-Palerang Regional local government area. It is home to about 117 residents, with a mix of young professionals and families and a median age of 32. Households earn a median income of $138K per year, with an average household size of 3.2 people. 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 technicians & trades, managers, clerical & administrative. Employment in the area leans toward education and construction. The top ancestries reported are Australian, English, Aboriginal Australian.
The median house price in Rossi is $840,000, having jumped by 110% over the past year. The current median weekly rent is $722. This gives a gross rental yield of approximately 4.5%. The median monthly mortgage repayment is $2,058.
Public transport access includes 7 bus stops. The crime rate in the Queanbeyan-Palerang Regional LGA is below average at 2,677 incidents per 100,000 population.
From an investment perspective, Rossi shows a gross rental yield of approximately 4.5%, rated as moderate yield. Property prices sit below the state median ($840K/$1.5M), which can point to relative value. The price-to-income ratio of 6.1x is considered moderate. House prices have moved +110.0% year-on-year.