NSW has seen average median house prices change by 8.26% which means that Zetland, 2017 has done well for property investors by showing a capital gain of -5.31% over the last year
Comparing Zetland,2017 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
In the last year 13 properties changed hands in Zetland, which puts it as the 1351th most active market in NSW when comparing the number of sales per suburb.
A $895 per week rent on the median house gives suburb investors a gross yield of circa 3.07%, without taking into account capital value appreciation, which has been averaging out at 14.99%.
If you compare the increase in value of investment property in Zetland, 2017 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 6.74%.
A 51.92% growth in median value for property investors in Zetland,2017 puts this suburb at number 228th in terms of best performing suburbs in NSW
The most recent median price for Zetland is $910000, with sellers offering an average of -5.21% off the asking price.
Residents and property investors in Zetland have been waiting around 55.62 days to sell a property.
Zetland, 2017’s gross rental yield is 3.96%