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Zetland suburb profile

Zetland is a rapidly evolving suburb in Sydney's inner south, known for its modern urban lifestyle and proximity to the CBD. Once an industrial area, Zetland has transformed into a vibrant residential hub with sleek apartment complexes and contemporary amenities. The suburb is home to the popular East Village shopping centre, offering a range of retail, dining, and entertainment options. With its well-planned green spaces and parks, Zetland provides a balanced lifestyle for its diverse community. Excellent public transport links, including Green Square Station, make it a convenient choice for professionals and families seeking city living with a suburban feel.

Zetland property market performance

Current median dwelling price$1,531,500Past 3 months

Property growth-2.4%Past 12 months

Zetland's property market has shown stability over the past 12 months, with no change in median unit values, maintaining a median price of $1.008 million. The suburb has seen a notable number of unit sales, with 67 units sold in the past year, indicating steady demand despite the unchanged prices.

Units in Zetland are taking longer to sell, with a median of 79 days on the market, suggesting a more cautious approach from buyers. The absence of house sales and data reflects a focus on the unit market within the suburb.

The rental market in Zetland has remained relatively stable, with average rent for units increasing slightly by 0.5% over the last 12 months, while house rents have seen no change, maintaining an average of $1,300.

HousesUnits
Median price
Past 3 months
N/A$1.01M
Change in value
Past 12 months
N/A-3.9%
Sold
Past 3 months
157
Median days on market
Past 12 months
N/A78
Average rent
Past 12 months
$1298$1050
Change in rent
Past 12 months
-3.9%5.0%

5 year median price trend for houses and units

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Zetland demographics

Zetland, a rapidly developing suburb in Sydney's inner south, is known for its modern urban lifestyle and proximity to the city centre. With a median age of 30, Zetland attracts a youthful and dynamic population, including young professionals and students who are drawn to its convenient location and vibrant community. The suburb's close proximity to the Central Business District and public transport options makes it an ideal choice for those seeking a balance between work and leisure.

Housing in Zetland is predominantly rental-based, with 72.1% of properties being rented. This high rental rate reflects the suburb's appeal to those seeking flexible living arrangements, including students and young professionals. The area is characterized by a mix of modern apartments and contemporary developments, catering to the needs of its diverse residents. The household composition in Zetland is varied, with a significant proportion of couple families without children, making up 66.7% of the family households, while couple families with children account for 21.4%.

Zetland's workforce is diverse, with many residents employed in professional and managerial roles, reflecting the suburb's appeal to a broad spectrum of individuals seeking an engaging urban lifestyle. The median total household income of $2192 per week indicates a relatively affluent community, further supported by the area's modern amenities and lifestyle offerings. With its blend of convenience, modern living, and community spirit, Zetland continues to be a sought-after destination for those looking to enjoy the best of Sydney's urban living.

Zetland infrastructure, key developments and investment opportunities

Zetland continues to benefit from ongoing enhancements to the Green Square Town Centre, with significant recent investments in public amenities such as Green Square Library and Gunyama Park Aquatic and Recreation Centre strengthening its community and lifestyle appeal. The area’s proximity to major employment hubs, including high-income sectors in financial services and technology, supports sustained property demand and attracts both owner-occupiers and investors seeking long-term value growth.

Improved walkability, access to expansive green spaces like Joynton Park, and connectivity via train—with only one stop to Central—make Zetland a highly desirable suburb for professionals and families. There are no reports of major new infrastructure projects or school redevelopments at this time; however, the suburb's established amenities and ongoing urban renewal continue to underpin property market confidence and livability.

Zetland rental market trends

The rental market in Zetland has remained stable, with house rents holding steady at $1,300 per week and unit rents experiencing a slight increase of 0.5% to $1,000 per week. As a well-connected suburb with modern amenities, Zetland continues to attract renters seeking a balanced urban lifestyle, despite the minimal changes in rental prices.

Suburbs near Zetland

Some popular suburbs near Zetland include:

How does Zetland compare to nearby suburbs?

  • Median house prices: Zetland’s median house price is 1.1% higher than Alexandria’s.
  • Median unit prices: Zetland’s median unit price is 7.7% higher than Alexandria’s.
  • House price growth: Over the past 12 months, house prices in Zetland have grown 3.6% higher than in Chippendale.
  • Unit price growth: Property prices in nearby Alexandria have risen 14.4% more than in Zetland over the past year.
  • Selling speed for units: Properties in Zetland are selling 29.7% faster than in Chippendale.
  • Investment considerations: In Zetland, the rental yield for house is 48.9% higher than the Sydney average, while the rental yield for units is 40.4% higher.
  • House price growth: Over the past 12 months, house prices in Zetland have grown 31.7% higher than the average rate of growth across Sydney.
  • Unit price growth:Over the past 12 months, unit prices in Zetland have grown 10.7% higher than the average rate of growth for units across Sydney.

Common questions about Zetland

  • Is Zetland a nice place to live?

    Zetland is a fantastic place to live, offering a modern urban lifestyle with a touch of suburban charm. This vibrant suburb is perfect for those who appreciate the convenience of city living without sacrificing green spaces and community spirit. Zetland's proximity to the CBD makes it an attractive choice for professionals who want to enjoy a short commute while still having access to the amenities and leisure options that the city provides. The suburb is known for its sleek apartment complexes and contemporary developments, which cater to a diverse range of residents, including young professionals, students, and families.

    Families will find Zetland appealing due to its well-planned parks and green spaces, providing ample opportunities for outdoor activities and relaxation. The suburb's community vibe is enhanced by the presence of the East Village shopping centre, which offers a variety of retail, dining, and entertainment options. Safety is generally not a major concern, and the suburb's excellent public transport links, including Green Square Station, make it easy to navigate the city and beyond.

    However, living in Zetland does come with some trade-offs. The area is predominantly rental-based, which may not suit those looking for long-term homeownership. Additionally, while Zetland offers a vibrant lifestyle, it may lack the historical charm and character found in some of Sydney's older suburbs. Despite these considerations, Zetland's modern amenities, community spirit, and convenient location make it a highly desirable place to live for those seeking a dynamic urban experience with a suburban feel.

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  • Is it expensive to live in Zetland?

    Zetland, located in Sydney's inner suburbs, presents a mixed picture when it comes to affordability. The absence of a median house price suggests that the suburb is predominantly unit-based, with the median unit price sitting at $1,008,000. This price point is relatively high, especially when compared to other areas in Sydney, reflecting Zetland's desirability and proximity to the city center.

    For renters, the average rent for units is about $1,000 per week, which is significant. When you consider the average annual wage in Sydney is approximately $98,000, a substantial portion of income would be required to cover these rental costs. The weekly household income in Zetland is $2,192, which is higher than the average wage, but the cost of living, particularly in terms of housing, remains a considerable expense.

    Overall, living in Zetland can be quite expensive, especially for those earning an average salary. While the suburb offers the convenience of city living and modern amenities, individuals considering Zetland as their home should carefully evaluate their financial situation to ensure they can comfortably manage the associated living costs.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Zetland a good place to invest?

    Zetland presents an interesting case for potential investors. While the data shows that there hasn't been any change in the median house value over the past year, and only a slight increase in unit rent, this stability can be seen as a positive aspect for those seeking a steady investment environment. The suburb's location is a significant drawcard, being close to the city and offering a modern urban lifestyle that appeals to young professionals and students.

    The lack of significant price movement might suggest a cooling period, but it also indicates a level of resilience in the market. Zetland's appeal lies in its vibrant community, excellent amenities, and proximity to major employment hubs, which continue to attract renters and buyers alike. The slight increase in unit rent suggests a steady demand for rental properties, which is a good sign for investors looking for consistent rental income.

    Overall, while Zetland may not currently offer rapid capital growth, its stable market conditions, combined with its desirable location and lifestyle offerings, make it a worthwhile consideration for those looking for a reliable investment with potential for future growth as market conditions evolve.

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Choose the right real estate agents in Zetland

Currently, there are 152 real estate agents working in Zetland—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 152 agents sold 31.7% of all properties in Zetland over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Zetland typically charge a commission of 1.77% to 2.03%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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