Suburb Profile Report for Zetland NSW (2017)

Zetland Unit: Median price $920,000, Annual capital growth 6.26%, Number of sales 290, Weekly median advertised rent $750

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

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  • Unit Report

With a capital gain of 2.91% for the last 12 months, Zetland, 2017 has performed for property investments than its average annual 6.26% property growth over the last 5 years.

The five-year average increase in median property values for Zetland,2017 has given property investors a potential capital gain of 8.88% across each of those five years.

Our latest figures would indicate that property sellers in Zetland are currently offering property investors an average price cut of -4.31% below the asking price at the moment.

With the median price for a house in Zetland being $920000 and the advertised rent reaching $750 the gross rental yield for property investors calculates out to be 4.24%

Information supplied by:


June 2017

M
O

W
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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. 

Metrics i HOUSE UNIT
N/A $920,000
N/A 1.38%
N/A 2.91%
N/A 6.26%
N/A $750
N/A 290
N/A 4.24%
N/A 77.5135135135135

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Balanced (U)
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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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