Rozelle is a mid-sized suburb in New South Wales within the Inner West local government area (postcode 2039). With a population of 8,553, the suburb has an established demographic with a median age of 40. Households earn a median income of $166K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Rozelle is $590,000, having dropped significantly 74.5% over the past year. Units have a median price of $1.4 million (+8.3% YoY). The current median weekly rent is $875. This gives a gross rental yield of approximately 7.7%. The median monthly mortgage repayment is $3,500.
Rozelle is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1137, which is well above the national average of 1,000. Public transport access includes 1 rail station, 25 bus stops. The crime rate in the Inner West LGA is below average at 2,844 incidents per 100,000 population.
From an investment perspective, Rozelle offers a gross rental yield of 7.7%, rated as high yield. Property prices sit below the state median ($590K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.5x is considered affordable. House prices have moved -74.5% year-on-year.
Rozelle is a mid-sized suburb in New South Wales within the Inner West local government area (postcode 2039). With a population of 8,553, the suburb has an established demographic with a median age of 40. Households earn a median income of $166K per year, with an average household size of 2.3 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Rozelle is $590,000, having dropped significantly 74.5% over the past year. Units have a median price of $1.4 million (+8.3% YoY). The current median weekly rent is $875. This gives a gross rental yield of approximately 7.7%. The median monthly mortgage repayment is $3,500.
Rozelle is served by 2 schools, including 1 primary, 1 secondary. The average ICSEA score is 1137, which is well above the national average of 1,000. Public transport access includes 1 rail station, 25 bus stops. The crime rate in the Inner West LGA is below average at 2,844 incidents per 100,000 population.
From an investment perspective, Rozelle offers a gross rental yield of 7.7%, rated as high yield. Property prices sit below the state median ($590K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 3.5x is considered affordable. House prices have moved -74.5% year-on-year.