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Roselands Shopping Centre, located in the suburb of Roselands 18 km southwest of Sydney CBD, serves a local catchment of approximately 14,577 residents with a median age of 38 and household income of $1,704 weekly. The three-level centre offers 62,684 sqm GLA across 150 stores, anchored by Myer, Kmart, Woolworths, Coles, and Aldi. Co-owned by Vicinity Centres and JY Group, it features a strong fresh food precinct, The Markets, following a 2019 $90 million redevelopment.
Tenant mix includes 40 fashion/footwear, 36 beauty/health, 55 services, and 33 food outlets. High occupancy at ~99% reflects robust demand, with rents stable and occupancy costs at 20-year lows.
Accessibility via M5 motorway, 3,187 parking spaces, and bus routes supports footfall, estimated in millions annually for similar regional malls.
Leasing advantages lie in value-oriented retail and family demographics, though competition from Bankstown Central and aging infrastructure post-refurb pose risks. Market saturation in discount segments and lack of direct rail access may limit broader appeal.
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Hours of Operation
Hours
| Monday | 09:00 AM — 05:30 PM |
| Tuesday | 09:00 AM — 05:30 PM |
| Wednesday | 09:00 AM — 05:30 PM |
| Thursday | 09:00 AM — 09:00 PM |
| Friday | 09:00 AM — 05:30 PM |
| Saturday | 09:00 AM — 05:00 PM |
| Sunday | 10:00 AM — 04:00 PM |
Hours may vary on public holidays. Check with individual stores for specific holiday schedules.
Insights
Demographics and Catchment
Roselands suburb has a population of 14,577, median age 38, with diverse multicultural demographics including significant proportions from Lebanon (15%), China (10%), and Vietnam (8%). Median household income stands at $1,704 per week, supporting mid-range retail spending. The centre draws from a primary catchment of 100,000+ within 5 km, family-oriented with high proportions of children under 15 (22%). This profile favors value retail, groceries, and family dining, contributing to steady footfall and operational stability.
Tenant Mix and Occupancy
The tenant mix emphasizes fresh food and value retail, with anchors providing essential shopping. Specialty stores cover fashion, beauty, and services, with 110+ outlets. Occupancy rates hover near 99%, indicative of low vacancy and strong retailer interest. Recent redevelopment enhanced food offerings, boosting dwell time and sales per sqm. However, category weaknesses in luxury goods due to income levels and potential over-reliance on discount anchors present challenges.
Accessibility Competition and Lease Terms
Positioned near M5 and major roads, with 3,187 parking spots and bus connectivity to southwest Sydney, but 15-min walk to nearest rail at Narwee limits public transport access. Competition from larger centres like Bankstown Central (GLA 100,000+ sqm) and Hurstville impacts premium categories and footfall diversion. Rent levels average $400-600 psf net for specialties, with turnover rents common; risks include traffic congestion, market saturation in supermarkets, and infrastructure maintenance needs.
Building Details
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Sydney, NSW
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