Rose Bay snapshot
- Median price: $2,625,000
- Median weekly rent: $1,308/wk
- Population: 11,924
- Days on market: 60 days
How Rose Bay stacks up
- Rental Yield: Low
- Capital Growth: Moderate
- Vacancy: Average
About Rose Bay
Rose Bay, located in New South Wales, is an attractive suburb for property investors due to its desirable location and vibrant community. With a median property price of $2,625,000, it offers a premium market that appeals to affluent buyers and renters alike. The suburb's population of 11,924 indicates a stable community, which can be beneficial for long-term investment potential.
The capital growth in Rose Bay has been moderate, suggesting that while growth may not be rapid, it is steady and sustainable. Additionally, the average rental vacancy rate implies a consistent demand for rental properties, making it a viable option for investors looking to generate rental income, despite the low rental yield band. The typical days on market of 60 days further indicates a balanced market, providing opportunities for savvy investors to enter this sought-after suburb.
Frequently asked questions
What is the median property price in Rose Bay?
The median property price in Rose Bay is $2,625,000.
How many people live in Rose Bay?
Rose Bay has a population of 11,924.
What is the typical rental price in Rose Bay?
The median weekly rent in Rose Bay is $1,308.
How long do properties typically stay on the market?
Properties in Rose Bay typically stay on the market for around 60 days.
What is the capital growth outlook for Rose Bay?
The capital growth outlook for Rose Bay is moderate.