Suburb Profile Report for Annandale NSW (2038)

Annandale House: Median price $1,590,000, Annual capital growth 7.96%, Number of sales 92, Weekly median advertised rent $850

Annandale Unit: Median price $977,500, Annual capital growth 10.64%, Number of sales 31, Weekly median advertised rent $500

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report
  • Unit Report

Annandale, 2038 ranked 554th in NSW when comparing growth in median property values or capital gain over the last 12 months. Annandale is one of 3163 in our list for NSW

If we look at median property appreciation over just the last three months, Annandale has given property investors a paper return of 2.58%. This puts Suburb as 196 on a list of fastest fasting appreciating suburbs in NSW

Property investors looking for a bargain in Annandale should be aiming for at least -3.58% off the asking price, which is the average vendor discount being achieved at the moment.

Renters in Suburb are facing rents around $44200 per annum or $850 every week.

Annandale, 2038 ranked 8th in NSW when comparing growth in median property values or capital gain over the last 12 months. Annandale is one of 3163 in our list for NSW

Comparing Annandale,2038 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period

Property investors should expect to get $500 weekly from the median priced house in this suburb.

Information supplied by:


April 2019

M
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W
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Rental space opens up

Postcode: 2038

Median unit price: $747,500

Vacancy rate: 2.0%

Three-year growth: -0.3%

Annandale is just a stone’s throw from the Sydney CBD; thus, many will find this suburb a convenient place to buy in. Vacancies loosened slightly in the 12 months to March 2019, with the average vacancy rate going from 1.7% to 2.0%.

Located just 5km west of the CBD, Annandale is rich in history, with several heritage-listed buildings in the area. These include the Annandale Post Office, the Annandale Council Chambers and the local public school. During Australian Heritage Week, Annandale holds the annual Annandale Heritage festival. Other annual events include the Eco-Annandale Exhibition and Footprints EcoFestival.

Annandale is a notable name in the Sydney music scene as well – Trafalgar Studios, where top local acts from the 1970s and 1980s recorded much of their music, was located here. The Annandale Hotel remains a renowned venue for gigs.

Metrics i HOUSE UNIT
$1,590,000 $977,500
2.58% 18.48%
-3.49% 29.04%
7.96% 10.64%
$850 $500
92 31
2.78% 2.66%
52.5384615384616 57.6428571428572

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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