Roseville NSW Property Investment

THE MARKET

Median house price in Roseville sits at $4,000,000 with 31 days on market and a 0.3% vacancy rate. This is a tight rental market right now.

- **Median house:** $4,000,000 | **Units:** $514,544 - **Gross yield:** 1.8% | **Net yield:** 0.2% - **5yr price CAGR:** -0.2%/yr | **3yr forecast:** -0.3%/yr - **Population:** 15,745 | **Owner-occupier rate:** 29% | **Affluence:** Very High

- **Supply pipeline:** Moderate — Development activity consistent with long-term averages

RENTAL SNAPSHOT

- **Vacancy:** 0.3% (worsening) | **Rental demand:** Very High - **Median weekly rent:** $1,350/wk | **Days on market:** 31 (stable) - Landlord market — rents likely to keep rising.

SHORT-TERM RENTAL

- **Median nightly rate:** $195/night | **Occupancy:** 68% - **Estimated annual STR gross:** ~$48,399/yr - **vs long-term rent:** $70,200/yr (comparable — LTR offers simpler management)

INFRASTRUCTURE & CATALYSTS

- No major confirmed infrastructure projects on record. - **Transport:** Well-connected inner-city location

BULL CASE

If Roseville maintains 3%+ annual growth and vacancy stays below 0.8%, median prices could reach $4,600,000 within 3 years with yields compressing slightly as capital values rise.

BEAR CASE

A market correction or interest rate shock could see prices in Roseville pull back 10-15% from $4,000,000, with vacancy rising to 0.5% and rental yields softening as tenants gain leverage.

KEY RISKS

- Negative price growth suggests a softening market - Premium price point limits buyer pool and increases interest rate sensitivity

COMPARABLE MARKETS

- **Rose Bay** (NSW): $4,900,000 median, 1.1% yield, -30.5% 1yr growth - **Lavender Bay** (NSW): $2,887,240 median, 1.3% yield, 9.9% 1yr growth - **Woollahra** (NSW): $5,000,000 median, 1.6% yield, 12.8% 1yr growth

THE PLAY

Roseville offers balanced fundamentals but does not present an urgent buying signal. The market is in a correction phase with low vacancy risk. Monitor vacancy trends and price movements over the next 6-12 months. Only enter if a property can be acquired at or below median pricing with yields exceeding 4.0%.

- Entry range: $3,600,000 – $4,400,000 - Minimum gross yield to target: 4.5% - Watch signal: vacancy staying below 2% and days on market holding under 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.