Rosewood is a compact suburb in Queensland within the Ipswich local government area (postcode 4340). With a population of 3,263, the suburb has a settled mid-life population with a median age of 39. Households earn a median income of $64K per year, with an average household size of 2.4 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +3.5% 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, technicians & trades, labourers. Employment in the area leans toward healthcare and manufacturing. The top ancestries reported are Australian, English, Scottish.
Median house prices in Rosewood stand at $650,000, having jumped by 21.5% over the last twelve months. Units have a median price of $620,000 (+44.2% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,349.
Rosewood is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 942, which is below the national average of 1,000. Public transport access includes 2 rail stations, 2 bus stops. The crime rate in the Ipswich LGA is moderate at 6,631 incidents per 100,000 population.
Looking at the investment signals, Rosewood shows a gross rental yield of approximately 4.4%, rated as moderate yield. Property prices sit below the state median ($650K/$1.1M), which can point to relative value. The price-to-income ratio of 10.1x is considered stretched. House prices have moved +21.5% year-on-year. Population growth of +3.5% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.