Rosanna is a mid-sized suburb in Victoria within the Banyule local government area (postcode 3084). With a population of 8,616, the suburb has an established demographic with a median age of 41. Households earn a median income of $115K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Italian.
The median house price in Rosanna is $1.4 million, having grown strongly 6.6% over the past year. Units have a median price of $842,000 (-2.4% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,482.
Rosanna is served by 4 schools, including 4 primary. The average ICSEA score is 1130, which is well above the national average of 1,000. Public transport access includes 9 rail stations, 35 bus stops. The crime rate in the Banyule LGA is higher than average at 8,647 incidents per 100,000 population.
From an investment perspective, Rosanna offers a gross rental yield of 1.9%, rated as low yield. Property prices are above the state median ($1.4M/$875K), placing it in the premium segment. The price-to-income ratio of 12.0x is considered stretched. House prices have moved +6.6% year-on-year.
Rosanna is a mid-sized suburb in Victoria within the Banyule local government area (postcode 3084). With a population of 8,616, the suburb has an established demographic with a median age of 41. Households earn a median income of $115K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Italian.
The median house price in Rosanna is $1.4 million, having grown strongly 6.6% over the past year. Units have a median price of $842,000 (-2.4% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,482.
Rosanna is served by 4 schools, including 4 primary. The average ICSEA score is 1130, which is well above the national average of 1,000. Public transport access includes 9 rail stations, 35 bus stops. The crime rate in the Banyule LGA is higher than average at 8,647 incidents per 100,000 population.
From an investment perspective, Rosanna offers a gross rental yield of 1.9%, rated as low yield. Property prices are above the state median ($1.4M/$875K), placing it in the premium segment. The price-to-income ratio of 12.0x is considered stretched. House prices have moved +6.6% year-on-year.