Suburb Profile Report for Annandale NSW (2038)

Annandale House: Median price $1,462,500, Annual capital growth 8.59%, Number of sales 127, Weekly median advertised rent $788

Annandale Unit: Median price $789,250, Annual capital growth 9.34%, Number of sales 66, Weekly median advertised rent $500

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Annandale has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 10.38%

Across a shorter period, Annandale, 2038 has seen a median price increase of 0.00% over the last quarter.

LACK OF BUYER INTEREST may well be the reason that Annandale is offering property investors an average of -5.55. This rate of discount on properties puts Suburb at number 701th in terms of most discounted suburbs in NSW

Annandale, 2038 ranked 248th in NSW when comparing growth in median property values or capital gain over the last 12 months. Annandale is one of 3162 in our list for NSW

While Annandale,2038 ranked number 72th in NSW for increase in median house value (annualised) increase, it is ranked 157th over the last 5 years.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.46% offered to property buyers. Sellers in Annandale itself are offering an average vendor discount of -8.24% to real estate investors.

On average over the past year, suburb has had 5.50 sales per month, which equates to 66 per year.

Advertised rents are around the $500 mark per week – giving a return of 3.29% based on the median price in Suburb

HOUSE UNIT
$1,462,500 $789,250
0.00% 5.59%
10.38% 8.12%
8.59% 9.34%
$788 $500
127 66
2.80% 3.29%
36.87 44.55

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 8668
Median household income ($/weekly) 2086
Median age of persons 36
Median housing loan repayment ($/monthly) 2947
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 744 8.6
    25-34 years 1754 20.2
    35-44 years 1731 20.0
    45-54 years 1217 14.0
    55-64 years 954 11.0
    Others 2268 26.2
    Age Group
    Census Count Percent(%)
    Not Married 2754 43.7
    Registered Married 2441 38.7
    Defacto Relationship 1106 17.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 5862 71.8
    Papua New Guinea 274 3.4
    United Kingdom 591 7.2
    United States of America 96 1.2
    Other 370 4.5
    Others 977 12.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 237 3.0
    Christianity 4081 51.8
    Islam 70 0.9
    Judaism 70 0.9
    No Religion 3308 42.0
    Others 105 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 375 11.6
    $2,000-$2,499 252 7.8
    $2,500-$2,999 509 15.8
    $3,000-$3,499 298 9.2
    $4,000 or more 449 13.9
    Others 1345 41.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3569 52.3
    Not in the labour force 1466 21.5
    Employed, worked part-time 1313 19.2
    Employed, away from work 256 3.7
    Unemployed, looking for work 223 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 985 19.2
    Professionals 2168 42.2
    Community & personal service workers 368 7.2
    Clerical & administrative workers 662 12.9
    Sales 353 6.9
    Others 602 11.7
    Occupation
    Census Count Percent(%)
    Pre-school 166 8.7
    Infants/Primary 536 28.0
    Secondary 295 15.4
    Technical or Further Educational Institution 165 8.6
    University or other Tertiary Institutions 680 35.5
    Others 71 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Semi-detached, row or terrace house, townhouse 3926 50.5
    Separate house 2293 29.5
    Flat, unit or apartment 1445 18.6
    House or flat attached to a shop, office 109 1.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1524 44.1
    Being purchased 1137 32.9
    Fully owned 792 22.9
    Other tenure type 6 0.2
    Tenure Type
Census 2011, ABS
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