Rosewater is a smaller suburb in South Australia within the Port Adelaide Enfield local government area (postcode 5013). With a population of 3,582, the suburb has an established demographic with a median age of 39. Households earn a median income of $68K per year, with an average household size of 2.3 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Rosewater is $831,000, having grown strongly 7.9% over the past year. The current median weekly rent is $489. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,430.
Rosewater is served by 1 school, including 1 combined. The average ICSEA score is 1008, which is around the national average of 1,000. Public transport access includes 15 bus stops. The crime rate in the Port Adelaide Enfield LGA is moderate at 7,314 incidents per 100,000 population.
From an investment perspective, Rosewater offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are near the state median ($831K/$950K). The price-to-income ratio of 12.2x is considered stretched. House prices have moved +7.9% year-on-year.
Rosewater is a smaller suburb in South Australia within the Port Adelaide Enfield local government area (postcode 5013). With a population of 3,582, the suburb has an established demographic with a median age of 39. Households earn a median income of $68K per year, with an average household size of 2.3 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Rosewater is $831,000, having grown strongly 7.9% over the past year. The current median weekly rent is $489. This gives a gross rental yield of approximately 3.1%. The median monthly mortgage repayment is $1,430.
Rosewater is served by 1 school, including 1 combined. The average ICSEA score is 1008, which is around the national average of 1,000. Public transport access includes 15 bus stops. The crime rate in the Port Adelaide Enfield LGA is moderate at 7,314 incidents per 100,000 population.
From an investment perspective, Rosewater offers a gross rental yield of 3.1%, rated as moderate yield. Property prices are near the state median ($831K/$950K). The price-to-income ratio of 12.2x is considered stretched. House prices have moved +7.9% year-on-year.