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 11.31%
If we look at median property appreciation over just the last three months, Annandale has given property investors a paper return of 8.25%. This puts Suburb as 140 on a list of fastest fasting appreciating suburbs in NSW
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Annandale itself are offering an average vendor discount of -2.41% to real estate investors.
Situated 3.76km from the CBD, Annandale is one of Leichhardt localities in the postcode 2038.
If you compare the increase in value of investment property in Annandale, 2038 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -2.00%.
Taking the average capital gain, or increase in median house value, Annandale,2038 has racked up an average of -2.00% over the period. This ranks it number 1360th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Annandale is giving property investors an average Vendor Discount of around -6.08%. This puts suburb at number 59th in NSW when ranking the most discounted suburbs.
At number 367 in a list of fastest selling suburbs, Annandale is in the TOP 30% of suburbs in Australia with an average of days on market 57.61 for properties listed there.
Annandale is 363th on a list of best yielding suburbs for rents in NSW with a 3.82% return