Neil Casey
Prosperitii Property Investment Advisory - 30+ reviews (Granny Flat and Dual Occ specilaists)

Sydney · Inner West
An inner west Sydney suburb where a Sydney Metro West station is being built at The Bays. Homes are a mix of terraces, apartments and houses.
Last reviewed 24 October 2026
Market snapshot
Estimate, not an official figure · September 2026
Median house
$2.00M - $2.70M
Mid-band $2.35Mspread 30%
Median unit
$1.10M - $1.50M
Mid-band $1.3Mspread 31%
Rental yield
2.3% to 3.3%
Gross yield on house stock. Premium suburbs compress.
Price growth for Rozelle is not shown. A property site that publishes medians from valuer-general sales records puts five-year house growth at +10.7%, outside our estimate's range, and no licensed sales data is available to check which is right.
Before you buy
Inner West Council lists more than one heritage conservation area in Rozelle. C27 The Valley includes the civic buildings and the commercial zone of Rozelle on both sides of Victoria Road, and land east of the Darling Street ridge beyond it. C26 Iron Cove runs from Victoria Road along the back of the Darling Street commercial zone. Ask the council which, if any, covers the address before you plan works.
Sydney Metro has confirmed a station at The Bays and targets 2032 for Sydney Metro West to open. Its April 2026 update for The Bays, Rozelle lists tunnelling and tunnel support work running around the clock.
Transport for NSW records that the Rozelle Interchange, including the Iron Cove link, opened in November 2023.
Inner West Council puts Rozelle in its foreshore catchments, which drain directly to the Parramatta River or Sydney Harbour, and describes its flooding as generally flash flooding.
NSW Department of Communities and Justice bond data for the June 2026 quarter puts the median weekly rent for a new tenancy in postcode 2039 at $1,150 for a house, from 42 bonds, and $875 for a unit, from 47 bonds.
At the 2021 Census, 38.8% of Rozelle homes were semi-detached, terrace or townhouses, 34.9% were flats or apartments and 24.5% were separate houses.
Agents on a Pro plan across Inner West
Why a buyers agent
Between the conservation areas, the Metro works and the new interchange, two homes a few streets apart in Rozelle can differ a lot. A buyers agent who works the inner west checks each home on your shortlist against all three, prices it against the sales closest to it, and negotiates or bids at auction for you.
Inner West Council's C27 and C26 both cover parts of Rozelle. An agent checks the address before you bid.
Sydney Metro lists tunnelling at The Bays running around the clock, with the line targeted to open in 2032. An agent weighs how close each home is to the works.
At the 2021 Census, Rozelle's homes were split across terraces, apartments and houses. An agent compares them against your budget and plans.
Revenue NSW charges first home buyers no transfer duty on a home up to $800,000, and a reduced amount below $1,000,000. An agent with your conveyancer checks whether the home you choose qualifies before you exchange.
Compare
| Metric | This suburbRozelle | NearbyAnnandale | NearbyDrummoyne | NearbyGlebe |
|---|---|---|---|---|
| Median house | $2.00M - $2.70M | Not available | Not available | $2.35M - $3.15M |
| Median unit | $1.10M - $1.50M | Not available | Not available | $875,000 - $1.15M |
| Rental yield | 2.3% to 3.3% | Not available | Not available | 2.1% to 3.1% |
| Postcode | 2039 | 2038 | 2047 | 2037 |
Snapshot date varies by suburb; see individual suburb pages for figures.
The place
Rozelle had 8,553 residents at the 2021 Census, with a median age of 40. It is in the Inner West Council area.
At the 2021 Census, 58.6% of Rozelle homes were owned outright or with a mortgage. The median weekly rent at that Census was $650 and the median monthly mortgage repayment was $3,500.
Frequently asked
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Editorial review: 24 October 2026.
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