Suburb Profile Report for Zetland NSW (2017)

Zetland House: Median price $1,515,000, Annual capital growth 11.42%, Number of sales 11, Weekly median advertised rent $973

Zetland Unit: Median price $915,000, Annual capital growth 6.49%, Number of sales 262, Weekly median advertised rent $740

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Over the last year, property investments in Zetland, 2017 have given investors a capital gain of -14.54%. This compares very badly with the 10.96% for NSW as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, Zetland comes in at number 642th in NSW.

Renters in Suburb are facing rents around $11670 per annum or $972.5 every week.

If you compare the increase in value of investment property in Zetland, 2017 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 3.98%.

Over the longer term, Zetland has seen property prices show investors a 15.09% return over the last 3 years. This is worse than over the last 12 months

LACK OF BUYER INTEREST may well be the reason that Zetland is offering property investors an average of -4.27. This rate of discount on properties puts Suburb at number 144th in terms of most discounted suburbs in NSW

Zetland, 2017’s gross rental yield is 4.21%

Information supplied by:


June 2017

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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

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
Metrics i HOUSE UNIT
$1,515,000 $915,000
N/A -0.54%
-14.54% 3.98%
11.42% 6.49%
$973 $740
11 262
3.34% 4.21%
N/A 59.76

Source: CoreLogic

DSR Score for property investment : Balanced (H), Above average (U)
Find a mortgage broker in Zetland NSW
Demographics
Total population 3812
Median household income ($/weekly) 1870
Median age of persons 31
Median housing loan repayment ($/monthly) 2557
Average household size 2.1
  • Census Count Percent(%)
    20-24 years 480 12.6
    25-34 years 1318 34.6
    35-44 years 725 19.0
    45-54 years 388 10.2
    55-64 years 232 6.1
    Others 670 17.6
    Age Group
    Census Count Percent(%)
    Not Married 1432 48.2
    Registered Married 930 31.3
    Defacto Relationship 612 20.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1646 48.5
    Croatia 466 13.7
    Iraq 104 3.1
    United Kingdom 136 4.0
    Other 298 8.8
    Others 747 22.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 228 6.9
    Christianity 1573 47.7
    Islam 78 2.4
    Judaism 78 2.4
    No Religion 1271 38.5
    Others 73 2.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 203 13.4
    $2,000-$2,499 143 9.5
    $2,500-$2,999 225 14.9
    $3,000-$3,499 130 8.6
    $4,000 or more 126 8.3
    Others 686 45.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1781 58.1
    Not in the labour force 668 21.8
    Employed, worked part-time 407 13.3
    Unemployed, looking for work 112 3.7
    Employed, away from work 97 3.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 463 20.3
    Professionals 819 35.9
    Community & personal service workers 197 8.6
    Clerical & administrative workers 311 13.6
    Sales 205 9.0
    Others 288 12.6
    Occupation
    Census Count Percent(%)
    Infants/Primary 112 13.2
    Secondary 71 8.4
    Technical or Further Educational Institution 86 10.1
    University or other Tertiary Institutions 484 56.9
    Other type of educational institution 51 6.0
    Others 46 5.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 2627 77.7
    Semi-detached, row or terrace house, townhouse 596 17.6
    Separate house 160 4.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 809 49.4
    Being purchased 611 37.3
    Fully owned 216 13.2
    Other tenure type 3 0.2
    Tenure Type
Census 2011, ABS
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Recent sales & rentals