128/8 Pony Race Street, Zetland NSW 2017
128/8 Pony Race Street, Zetland NSW 2017
3 bed 2 bath 2 car | family-oriented layout | high-density Zetland | strong rental appeal | larger stock type
This unit holds a genuine competitive edge in Zetland’s apartment market, where the bulk of supply is one and two bedroom stock. A three bedroom, two bathroom configuration with two parking spaces is a scarcer product type, placing it above the suburb’s typical entry-level offerings and giving it clear appeal to young families, downsizers, and professional couples who need room to spread out. The property sits within a high-density, well-connected inner-south pocket with primary schooling within walking distance, which strengthens its position for owner-occupiers seeking convenience without sacrificing space. Its layout and parking provision also make it a strong candidate in the rental market, where larger apartments tend to command premium weekly returns.
Value may be shaped by how the unit compares against other three bedroom apartments in the immediate area, particularly those with similar parking and floorplan efficiency. The building’s age, floor level, and aspect could influence light, noise, and outlook, which in turn affects perceived value for families and downsizers. Strata fees and scheme management may also weigh on long-term holding costs, so a closer look at those figures would help form a clearer price view. The property’s scarcity within the suburb suggests it may hold value better than smaller units, but the final price will likely depend on how well the internal condition and presentation match buyer expectations for this segment.
Detailed Independent Property Report prepared by PropCred Analyst team for 128/8 Pony Race Street, Zetland NSW 2017
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
Execution Risk
2
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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
Comparable Sales: 607/8 Ebsworth Street Zetland sold $1.67M | nearby 3 bed units $1.5M–$1.7M | Property Price Band: $1.5M–$1.6M | Value Drivers: three bed layout, dual parking, proximity to Green Square school
Bedrooms
3
Bathroom
2
Parking
2
Land
2023m²
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