Rosedale

Rosedale, VIC 3847 has a population of 1729, with the largest age groups being 20 to 24 years and 45 to 64 years. The suburb offers a mix of occupations, primarily including Technicians and Tradeworkers, Professionals, and Community and Personal Service Workers. Commute preferences show a higher reliance on motor vehicles for transportation. With a high market absorption rate of 8.7%, Rosedale suggests balanced demand for property. The suburb has a moderate vacancy rate of 3.2% and room demand supply ratio of 133.3%. The sale price IQR ratio of 27.0% indicates potential for renovators or investors seeking to add value through property improvements. Online search interest is relatively strong. Rosedale, VIC 3847 presents a diverse demographic profile with a mix of age groups and occupations. The suburb offers good investment potential for those looking to capitalize on its market absorption rate and renovating opportunities in the housing market. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022