Roseneath is a quiet locality in Queensland within the Townsville local government area (postcode 4811). The area has roughly 127 residents and a predominantly older resident base, with a median age of 55. Households earn a median income of $59K per year, with an average household size of 2 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.1% year-on-year at the LGA level. QLD 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. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 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 community & personal service, machinery operators & drivers, labourers. Employment in the area leans toward construction and healthcare. The top ancestries reported are English, Australian, Irish.
Roseneath has a median house price of $550,000, holding roughly steady year-on-year. The median weekly rent is $220 (Census 2021). This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $1,300.
The crime rate in the Townsville LGA is higher than average at 10,578 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 2.1% (low yield). Property prices sit below the state median ($550K/$1.1M), which can point to relative value. The price-to-income ratio of 9.4x is considered moderate. House prices have moved +0.0% year-on-year. Population growth of +1.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.