313/5 Joynton Avenue, Zetland NSW 2017

313/5 Joynton Avenue, Zetland NSW 2017
2-bed 2-bath mid-rise apartment | Zetland urban renewal corridor | flood overlay applied | strong tenant demand | balcony and air conditioning A two-bedroom, two-bathroom apartment in Zetland’s renewal corridor is positioned as a highly sought housing type. The layout suits small households, with separate bathrooms and a balcony extending living space. Air conditioning, built-in robes, and dishwasher are standard, keeping it competitive. Rental demand is strong, supported by access to Green Square station, East Village, and Gunyama Park. Owner-occupiers, young professionals, and downsizers are best served here. The flood overlay is a planning flag but not uncommon in the precinct. The flood overlay may influence lending or insurance costs, though its effect on sale price is often muted. Value might be shaped by floor level, aspect, or proximity to lifts. Strata levies and building management could affect ongoing costs. Whether parking or storage is included may widen or narrow the buyer pool. These variables should be weighed when forming a price view. >> Comparable Sales: 315/13 Joynton Avenue sold $1.135M; 113/5 Joynton Avenue sold $710K | Property Price Band: $1.1M–$1.2M | Value Drivers: layout, condition, floor level and aspect
Detailed Independent Property Report prepared  by PropCred Analyst team for 313/5 Joynton Avenue, Zetland NSW 2017
Checks found:
Value Risk
Liquidity Risk
Planning Risk ! 1
Income Risk ! 1
Execution Risk ! 1
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Market Insight

Zetland is an inner-Sydney, apartment-dominated market where young professionals, first-home buyers and investors remain active, drawn by Green Square station, CBD access and yields. Unit demand is solid-390 sales in the past year-even as median unit prices eased 5.7–7.98% to $965,000–$980,000. Houses show similar pressure, with medians between $1.88m and $2.3m after annual declines of 6–7%. Gross unit yields near 5.8–5.9% and weekly rents around $1,100 underpin investor interest; houses rent at $1,000–$1,200 with a 3.2% yield. With 94.3% strata stock, sales turnover is highly responsive to rate moves, and the 0.2% ten-year CAGR highlights limited long-term capital growth. High apartment supply, affordability constraints and rate sensitivity are the principal constraints.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

-

Land

1.95 acres

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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