At number 2129th in the list of Australian suburbs ordered by increase in median house value over the last year, Zetland, 2017 is in the BOTTOM 50% with a property value increase of 4.38% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Zetland has increased when compared to the 5 year average annual rate.
In the last year 15 properties changed hands in Zetland, which puts it as the 1281th most active market in NSW when comparing the number of sales per suburb.
Property investors should expect to get $900 weekly from the median priced house in this suburb.
Zetland, 2017 ranked 201th in NSW when comparing growth in median property values or capital gain over the last 12 months. Zetland is one of 3163 in our list for NSW
If we look at median property appreciation over just the last three months, Zetland has given property investors a paper return of 2.27%. This puts Suburb as 207 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Zetland should be aiming for at least -4.85% off the asking price, which is the average vendor discount being achieved at the moment.
A $700 per week rent on the median house gives suburb investors a gross yield of circa 4.04%, without taking into account capital value appreciation, which has been averaging out at 6.14%.