Suburb Profile Report for Annandale NSW (2038)

Annandale House: Median price $1,462,500, Annual capital growth 8.40%, Number of sales 118, Weekly median advertised rent $760

Annandale Unit: Median price $810,000, Annual capital growth 7.97%, Number of sales 60, Weekly median advertised rent $500

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

Source: CoreLogic

  • House Report
  • Unit Report

Annandale is in the bottom 40% in NSW when comparing median price capital growth over the last year. Annandale gave property investors a disappointing capital gain figure when compared to the rest of the state, with 3.80%.

Taking the average capital gain, or increase in median house value, Annandale,2038 has racked up an average of 3.80% over the period. This ranks it number 741th in the whole country for real estate investors looking at median house price increases.

The most recent median price for Annandale is $1462500, with sellers offering an average of -2.40% off the asking price.

A $760 per week rent on the median house gives suburb investors a gross yield of circa 2.70%, without taking into account capital value appreciation, which has been averaging out at 8.40%.

With a capital gain of 11.72% for the last 12 months, Annandale, 2038 has performed for property investments than its average annual 7.97% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Annandale has given property investors a paper return of 2.63%. This puts Suburb as 197 on a list of fastest fasting appreciating suburbs in NSW

Annandale, 2038 is offering NSW ‘s 24th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this NSW.

In the last year 60 properties changed hands in Annandale, which puts it as the 234th most active market in NSW when comparing the number of sales per suburb.

Annandale is 513th on a list of best yielding suburbs for rents in NSW with a 3.21% return

HOUSE UNIT
$1,462,500 $810,000
0.69% 2.63%
3.80% 11.72%
8.40% 7.97%
$760 $500
118 60
2.70% 3.21%
47.71 53.79

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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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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