702/28 Zetland Avenue Zetland NSW 2017

702/28 Zetland Avenue Zetland NSW 2017
Spacious 782mΒ² lot apartment |2 beds 1 bath + parking |$1.4m-$1.54m guide |Newly listed skyhome| This two-bedroom apartment on a 782mΒ² lot in a modern complex suits urban professionals or couples prioritizing parkland proximity and train access. Its seventh-floor position in The Frederick delivers elevated outlooks over Drying Green parkland, enhancing daily living with natural light and green views that few similar units match on this avenue. The generous strata land allocation underscores rarity in Zetland’s apartment market, where most offerings sit on far smaller footprints, positioning it as a standout for space-conscious buyers. Practical perks like NBN fibre, 5G coverage, air conditioning, and secure parking align with demands from remote workers and commuters drawn to Green Square’s transport hub just minutes away. In a street lined with mid-rise developments, this sky residence commands premium appeal among downsizers or investors eyeing yields around $1,000-$1,300 weekly. Comparable two-bedroom units in the area have traded briskly near $1.4m recently, reflecting steady demand despite broader market fluctuations. Long-term value stems from the flood overlay’s minimal impact given its elevated stance, plus school catchments that attract young families testing apartment living. Buyers here typically include tech sector professionals valuing intercom security, pet policies, and walkable amenities over larger homes. Holding potential remains solid as Zetland’s urban renewal bolsters strata assets like this, with low maintenance offsetting strata costs for enduring equity growth.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Zetland is a high-density inner-city suburb shaped by large-scale redevelopment and urban renewal. Demand is driven by professionals, students and investors seeking proximity to the CBD. The market is heavily apartment-based, with strong rental demand. However, ongoing supply from new developments creates competition. Price growth is therefore cyclical and linked to absorption rates. Long-term performance is supported by location but moderated by supply.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

103mΒ²

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