Rosebery is a compact suburb in Northern Territory within the Palmerston local government area (postcode 0832). It is home to about 4,127 residents, with a young professional demographic and a median age of 30. Households earn a median income of $125K 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 +1.4% year-on-year at the LGA level. NT employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NT also had 4 Commonwealth-backed major projects under construction, 3 underway, and 5 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, professionals, community & personal service. Employment in the area leans toward public admin & safety and healthcare. The top ancestries reported are Australian, English, Aboriginal Australian.
Rosebery has a median house price of $585,000, holding roughly steady year-on-year. Units have a median price of $309,000 (+12.4% YoY). The median weekly rent is $420 (Census 2021). This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $2,128.
Rosebery is served by 1 school, including 1 primary. The average ICSEA score is 964, which is around the national average of 1,000. Public transport access includes 16 bus stops.
On the investment side, The gross rental yield works out to roughly 3.7%, which reads as moderate yield. Property prices are near the state median ($585K/$711K). The price-to-income ratio of 4.7x is considered affordable. House prices have moved +0.0% year-on-year. Population growth of +1.4% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.