Annandale NSW Property Investment

Sydney · 2038 · Score: 70/100 · Buy

Median House Price
$2.44M
Rental Yield
2.3%
Vacancy Rate
1.6%
Median Weekly Rent
$1100/wk
Median Unit Price
$1.30M
Population
9,487
Days on Market
42 days
Annual Growth
-3.5%

Annandale Short-Term Rental (Airbnb) Market

Avg Nightly Rate
$476/night
Occupancy Rate
40%
Est. Annual Revenue
$69K
AI Investment Analysis

Annandale NSW Investment Brief

BUY2.3% gross yield on a $2,442,691 median.

THE MARKET

Annandale has compounded at 5.9%/yr over 5 years — a house that cost $1,833,955 in 2021 is worth $2,442,691 today. Properties are sitting on market for 42 days (roughly balanced conditions). At the same growth rate, today's median reaches $3,253,481 by 2031.

  • Median house: $2,442,691 | Units: $1,296,647
  • Gross yield: 2.3% | Net yield: 0.8%
  • 5yr price CAGR: 5.9%/yr | 3yr forecast: 11.0%/yr
  • Population: 9,487 | Owner-occupier rate: 56% | Affluence: Very High
  • Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline

RENTAL SNAPSHOT

  • Vacancy: 1.6% (improving) | Rental demand: High
  • Median weekly rent: $1,100/wk | Days on market: 42 (stable)
  • Landlord market — rents likely to keep rising.

SHORT-TERM RENTAL

  • Median nightly rate: $476/night | Occupancy: 40%
  • Estimated annual STR gross: ~$69,496/yr
  • vs long-term rent: $57,200/yr (+21% STR premium — factor in higher management costs)

INFRASTRUCTURE & CATALYSTS

  • Sydney Metro City & Southwest (Operational)
  • Sydney Gateway (Under Construction)
  • New Intercity Fleet (NSW Trains) (Under Delivery)
  • WestConnex Motorway (Operational)
  • Transport: Jubilee Park station 1.0km away

BULL CASE

If Annandale maintains 3%+ annual growth and vacancy stays below 1.1%, median prices could reach $2,809,095 within 3 years with yields compressing slightly as capital values rise.

BEAR CASE

A market correction or interest rate shock could see prices in Annandale pull back 10-15% from $2,442,691, with vacancy rising to 2.9% and rental yields softening as tenants gain leverage.

KEY RISKS

  • Premium price point limits buyer pool and increases interest rate sensitivity

COMPARABLE MARKETS

  • Campsie (NSW): $1,865,686 median, 2.3% yield, 1.5% 1yr growth
  • Belfield (NSW): $1,923,552 median, 2.7% yield, -9.1% 1yr growth
  • Belmore (NSW): $1,766,597 median, 2.6% yield, -4.2% 1yr growth

THE PLAY

Annandale presents a compelling investment opportunity. The combination of solid fundamentals and high rental demand supports entry at current price levels. Proceed with due diligence on specific properties. Target gross yields above 2.3% and prioritise properties with value-add potential. Consider timing entry around the current cooling phase of the market cycle.

  • Entry range: $2,198,422$2,686,960
  • Minimum gross yield to target: 4.5%
  • Watch signal: vacancy staying below 2% and days on market falling below 35

This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.

Gentrification Index

Early gentrification signals4.5/10
High SEIFA decile — already upgraded or established affluent area
Moderate capital growth (5.9% CAGR)
Inner/middle ring location (3.7km to CBD) — high gentrification corridor
Mixed tenure (42% renters) — transitional suburb profile
Active development pipeline (6957 approvals) — supply attracting new residents
Strong public transport infrastructure — supports walkable gentrification

Growth Forecast

high confidence
1yr Forecast
6.4%
p.a.
2yr Forecast
5.9%
p.a.
5yr Forecast
5.2%
p.a.

Basis: 5yr CAGR 5.9% + 10yr CAGR 7.8%

Growth drivers
  • +Low rental vacancy (1.6%) — constrained supply
  • +Premium transport infrastructure — supports long-term capital growth
Headwinds
  • High supply pipeline (6957 new approvals) — may cap price growth

Suburb Metric Thresholds

9 green3 yellow4 red
Rental Vacancy Rate
1.6 high impact
Days on Market
42 high impact
Weekly Rent (house)
1100 medium impact
5yr Price CAGR
5.92 high impact
10yr Price CAGR
7.85 high impact
1yr Price Growth
-3.5 medium impact
Population Growth
0.08 high impact
Median Household Income
2683 medium impact
Unemployment Rate
3.8 medium impact
Public Transport Score
8.6 medium impact
School Zone Quality
8.3 medium impact
Distance to CBD
3.73 medium impact
SEIFA Advantage/Disadvantage
10 medium impact
Owner Occupier Rate
56.4 medium impact
Gross Rental Yield (%)
2.34 high impact
Net Rental Yield (%)
0.84 high impact

Macro Environment

Macro Indicators

Cash Rate

4.35%

0.25%

Cash rate as at 2026-05-06 · Credit data 2026-04

Suburb Supply & Demand

Suburb Supply Pipeline — New Dwelling Approvals

753

2020

2,161

2021

1,184

2022

1,108

2023

1,751

2025

New dwelling approvals — higher numbers mean more future supply

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 2038

Most disadvantagedLeast disadvantaged

Decile 10 of 10 — Low disadvantage

Population

9,487

Education (IEO)

10/10

Econ. Resources (IER)

7/10

10-Year Investment Projection

Modelled on Annandale NSW data — rent, capital growth, tax, and depreciation over 10 years.

Pre-filled: $1100/wk median rent for Annandale. Capital growth and rent increase are editable assumptions.

Schools

In your catchment

Annandale PS
PrimaryGovernment
8.6/10
SSC Blackwattle Bay
SecondaryGovernment
No data
SSC Leichhardt
SecondaryGovernment
No data

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.