All About Rosehill, Parramatta , NSW 2142

Rosehill Real Estate Market Outlook

Thinking about buying in Rosehill? Now could not be a better time, with 3008 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $4,168,000 with prices in this suburb ranging from $53,000 to $5,406,356,000. The aproximate distance to the coast is 15 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Rosehill is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The high percentage of professional people in Rosehill classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

The housing market in Rosehill, part of the greater Parramatta area in New South Wales, reflects a blend of residential options that cater to a variety of needs and preferences. Known for its affordability compared to Sydney's inner suburbs, Rosehill offers a mix of apartment complexes, semi-detached houses, and freestanding homes. This diversity attracts a wide range of buyers, from first-time homeowners to investors seeking rental properties. In recent years, there has been a noticeable interest in apartment living, driven by both convenience and price considerations. The suburb's proximity to Parramatta’s central business district enhances its appeal, as residents can easily access a thriving economic hub while enjoying relatively lower property prices.

Living in Rosehill offers a unique lifestyle that balances suburban tranquility with urban convenience. The area is well-known for its iconic landmarks, such as the Rosehill Gardens Racecourse, which hosts numerous events and adds a vibrant pulse to the community. Residents have access to local amenities, including shopping centers, parks, and schools, contributing to a comfortable and family-friendly environment. The suburb is well-connected by public transport, with the Rosehill railway station providing direct links to Parramatta and Sydney CBD, making it an ideal location for commuters. The presence of green spaces and the nearby Parramatta River offer recreational opportunities, enhancing the quality of life for those who call Rosehill home. Overall, Rosehill presents a compelling option for individuals and families seeking an accessible and convenient living environment within reach of Sydney's major attractions.

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