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6AVERAGEAPARTMENTSALESm2RandwickapartmentsindenseareasoutperformZetlandapartmentsRandwickhasanumberofareasthathavehighdensiesover8000peoplepersqkm.Wehaveselectedoneoftheseandmeasuredover15recentsalesofapartments.Theaverageapartmentsalepriceis9321persqmwhiletheaveragesalepriceofthenearbyZetlandis6651persqm.ThesquarekilometrewearelookingatinZetlandhasalowerdensitythanRandwickwith2to5000peoplepersqkm.TheRandwickdensityisdrivenbythetransportcorridoralongAnzacParadeandtheclosenessoftheUniversityofNSWandofthePrinceofWalesHospitalandtheChildrensHospital.ThelowerdensityareaofZetlandincludesmediumriseapartmentsanddoesnotincorporatetheVictoriaParkdevelopment.9321AVERAGEAPARTMENTSALESm26651CarringtonRoadBotanyRoadWyndhamStreetBourkeStreetBourkeRoadMcEvoyStreetMandibleStreetAvocaStreetCoogeeBayRoadCoogeeStreetStMarksRoadAlisonRoadAlisonRoadRANDWICKZETLAND