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