Giving property investors a a poor capital gain of -6.48% for the last year, Zetland, 2017 is the 3686th highest performer in Australia in this respect.
When looking at the potential capital gains offered to property investors over the last 3 years, Zetland comes in at number 894th in NSW.
Situated 4.41km from the CBD, Zetland is one of Sydney localities in the postcode 2017.
Zetland has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 3.37% to date .
If we look at median property appreciation over just the last three months, Zetland has given property investors a paper return of 0.00%. This puts Suburb as 408 on a list of fastest fasting appreciating suburbs in NSW
The most recent median price for Zetland is $920000, with sellers offering an average of -4.81% off the asking price.
Given the suburb’s fame, it’s no surprise that quite a bit of new stock is entering the market, amounting to a 58% increase.Full summary
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Food district gets supply boost
Median unit price: $890,000
Stock on market: 58%
12-month growth: 7.23%
A central suburb of Sydney’s inner west, the sought-after neighbourhood of Zetland is popular with investors and homeowners alike.
There is an abundance of local amenities within walking distance, including the East Village Shopping Centre and Victoria Park's 'eat street', which is full of cafés, restaurants and bars/pubs. Zetland has become one of Sydney's premiere foodie suburbs, with popular new establishments such as The Grounds, Sopra, Fratelli Fresh, Kitchen by Mike and Il Cipro al Taglio nearby.
It’s also near the airport – an employment hub – and the CBD is accessible within minutes via the Green Square railway station.
Given the suburb’s fame, it’s no surprise that quite a bit of new stock is entering the market, amounting to a 58% increase. Close