Investment property in Zetland has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.01%
Zetland,2017 was ranked 2473 in Australia by increase in median property value over the quarter.
A $925 per week rent on the median house gives suburb investors a gross yield of circa 3.16%, without taking into account capital value appreciation, which has been averaging out at 11.42%.
Property investors who have had real estate in Zetland, 2017 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.70%
If we look at median property appreciation over just the last three months, Zetland has given property investors a paper return of 1.39%. This puts Suburb as 318 on a list of fastest fasting appreciating suburbs in NSW
LACK OF BUYER INTEREST may well be the reason that Zetland is offering property investors an average of -4.23. This rate of discount on properties puts Suburb at number 147th in terms of most discounted suburbs in NSW
On average over the past year, suburb has had 19.50 sales per month, which equates to 234 per year.
Zetland, 2017’s gross rental yield is 3.99%