406/120 James Ruse Drive, Rosehill, NSW 2142
Price Guide | $549,000 - $599,000
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Open Saturday 6 June 9:30 amOriginally home to the Burramattagal people, Rosehill became the site of Elizabeth Farm in 1793, the oldest surviving European dwelling in Australia. The area evolved into a major industrial and racing hub with the opening of the Rosehill Gardens Racecourse in 1885.
Today, Rosehill is a mix of high-density apartment living, heritage sites, and industrial zones, currently transitioning into a primary residential extension of the Parramatta CBD.
How this suburb feels day-to-day.
Dominant dwelling stock.
Typical entry to ceiling.
Rosehill is the 'release valve' for Parramatta's growth. It offers a strategic entry point for buyers who want to capitalize on the massive infrastructure spend in Western Sydney while accepting the trade-offs of an area in transition.
$950k – $1.4m (Rare stock)
$550k – $850k
12-month movement
Current asking rents
The scarcity of houses makes them high-value heritage assets, while the unit market is highly liquid but sensitive to new supply pipelines.
Price comparison
Median price ÷ median income
Estimated rental yield
Rosehill remains one of the more affordable ways to live within 2km of a major CBD, though rising interest rates have squeezed first-home buyer borrowing power.
Lower = tighter market
Avg time on market
Annual rental increase
Young professionals, international students, and hospital workers from Westmead.
Strong rental yields and low vacancy rates make it an attractive cash-flow play. Long-term capital growth is tied to the successful delivery of the Metro West station.
The outlook is exceptionally strong for capital growth, provided the Racecourse redevelopment proceeds. Expect Rosehill to outperform the broader Sydney market as it transitions from a secondary suburb to a primary urban destination.
vs last 12 months
Relative comparison
Check the security features of apartment buildings, specifically basement parking access and mailroom security.
Environmental risks dominate the profile, specifically flooding and historical industrial contamination.
High risk near Clay Cliff Creek; 1-in-100-year flood events affect several residential streets.
Negligible risk due to urban density.
Expect higher-than-average premiums for ground-floor units or older houses in flood-prone zones.
Flood Planning, Heritage (Elizabeth Farm), Acid Sulfate Soils
Rosehill Racecourse site and the Camellia-Rosehill Precinct.
The NSW Government's 'Transport Oriented Development' (TOD) program and the Camellia-Rosehill Strategy are the primary drivers of value here.
Excellent; Light Rail and Metro West provide dual-mode high-frequency transit.
Moderate; relies heavily on Parramatta CBD for major shopping and dining.
Limited; Rosehill Gardens is private, and local parks are small (e.g., Rosehill Park).
Fair; Rosehill Public School is well-regarded but reaching capacity.
Good; proximity to Westmead Health Precinct (15 mins by Light Rail).
A multicultural, upwardly mobile population dominated by young professionals and small families.
The high rental population ensures a liquid investment market but may result in higher turnover and less long-term community stability.
The suburb is at the center of the 'Central River City' vision.
Residents value the convenience and transport links but express concerns over the rapid pace of development and lack of local green space.
The Light Rail has been a game changer for getting into Parramatta for work.
I love my apartment, but I wish there were more actual parks instead of just concrete.
Never had a vacancy longer than a week; the demand from students and hospital staff is relentless.
The traffic is getting unbearable with all these new towers going up.
Being so close to the racecourse is great for social events, and Parramatta is just a stroll away.
It feels safe enough, but the industrial areas can feel a bit sketchy late at night.
Position the property as a 'strategic future-proof asset' at the doorstep of Sydney's second CBD, emphasizing infrastructure over current aesthetics.
High-yield, high-growth play supported by state-significant infrastructure.
High supply pipeline may cap capital growth in the short term; flood insurance costs.
Unbeatable transport access and modern building facilities (gyms/pools).
Ongoing construction noise and limited local grocery options.
Ensure all smoke alarm and window safety certifications are current as per NSW Fair Trading requirements.
The Future Heart of Parramatta; Metro-Connected Living; Heritage Meets Modernity.
First-home buyers priced out of Parramatta CBD and long-term capital growth investors.
This report is based on data available as of 2026-03-13. It is intended for informational purposes only and does not constitute financial or legal advice. Buyers should conduct their own independent investigations and consult with qualified professionals before making any property purchase.
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Price Guide | $549,000 - $599,000
2 2 1
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