Rosebud is a well-established suburb in Victoria within the Mornington Peninsula local government area (postcode 3939). With a population of 14,381, the suburb has a mature demographic with a median age of 49. Households earn a median income of $62K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Rosebud is $726,000, having declined 3.3% over the past year. Units have a median price of $700,000 (+4.5% YoY). The median weekly rent is $350 (Census 2021). This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,755.
Rosebud is served by 4 schools, including 2 primary, 1 secondary, 1 special. The average ICSEA score is 991, which is around the national average of 1,000. Public transport access includes 30 bus stops. The crime rate in the Mornington Peninsula LGA is moderate at 7,089 incidents per 100,000 population.
From an investment perspective, Rosebud offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($726K/$875K). The price-to-income ratio of 11.8x is considered stretched. House prices have moved -3.3% year-on-year.
Rosebud is a well-established suburb in Victoria within the Mornington Peninsula local government area (postcode 3939). With a population of 14,381, the suburb has a mature demographic with a median age of 49. Households earn a median income of $62K per year, with an average household size of 2.2 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Rosebud is $726,000, having declined 3.3% over the past year. Units have a median price of $700,000 (+4.5% YoY). The median weekly rent is $350 (Census 2021). This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $1,755.
Rosebud is served by 4 schools, including 2 primary, 1 secondary, 1 special. The average ICSEA score is 991, which is around the national average of 1,000. Public transport access includes 30 bus stops. The crime rate in the Mornington Peninsula LGA is moderate at 7,089 incidents per 100,000 population.
From an investment perspective, Rosebud offers a gross rental yield of 2.5%, rated as low yield. Property prices are near the state median ($726K/$875K). The price-to-income ratio of 11.8x is considered stretched. House prices have moved -3.3% year-on-year.