Rosedale Real Estate, VIC, 3847, Wellington

Thinking about buying in Rosedale? Now could not be a better time, with a whopping 1158 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $505,000 with prices in this suburb ranging from $92,000 to $2,376,000.

Distance to the coast is 26 Km. Search Residz

Housing Market Outlook

Consistent high demand relative to supply is a key feature in Rosedale driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Rosedale are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The slightly lower than average earnings from occupations in Rosedale changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Rosedale to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Rosedale the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

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Local Schools

(While the above schools are located with the suburb of Rosedale there may also be nearby schools whose catchments cover this suburb)

Local Crime Stats


Nearby Suburbs

WILLUNGKILMANYNAMBROKHIAMDALEWINNINDOOFLYNNWILLUNG SOUTHFULHAMDENISONGORMANDALE

Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.013.826.941.692.34.724.2
Feb2.014.125.948.194.24.620.4
Mar1.412.324.147.794.14.216.0
Apr1.49.320.751.195.73.712.3
May1.36.117.753.194.63.98.8
Jun1.63.814.661.696.83.77.7
Jul1.33.814.655.194.94.38.0
Aug1.54.315.352.795.14.510.5
Sept1.35.418.246.595.74.614.8
Oct1.67.719.646.694.34.720.2
Nov2.210.222.145.493.94.922.8
Dec1.612.225.142.492.35.025.8

source: Australian Government Bureau of Meteorology