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Suburb Insights ยท NSW 2038

Annandale 2038, New South Wales

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Annandale is a well-established middle-ring suburb of Sydney, Australia, with a population of approximately 9,487, making it a smaller community. Located 4 km from the Sydney CBD, Annandale is a middle ring area in New South Wales. The median household income is $139,516 AUD per year (ABS 2021 Census).

Investment Score

87 / 100 Strong

Annandale benefits from a high-income resident base, supporting premium property pricing. Close CBD access strengthens tenant appeal and resale value.

Location

Map shows Annandale, New South Wales, Australia.

Key Indicators

Postcode
2038

Official Australia Post postcode for Annandale. A postcode may cover multiple suburbs.

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Population
9,487

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$570/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$139,516/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
4 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
2

Estimated 2 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
4

Estimated 4 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$3,467/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
20% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Annandale's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $570/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $3,467/month. A median household income of $139,516/year supports premium property values and indicates a well-employed resident base. With only 20% separate houses, Annandale has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

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Buy & Hold

With robust local demand and income levels, Annandale is a natural candidate for patient investors.

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Rental Yield

Rental returns in Annandale are attractive relative to purchase prices, supporting positive cash flow.

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Renovation / Flip

Renovation or flip strategies in Annandale face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

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Full Property Analysis

30-year projections for Annandale

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

Annandale is well-positioned for continued price appreciation through 2026, underpinned by high household incomes and location appeal. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Overall, investor sentiment toward Annandale is positive, backed by solid fundamentals.

Frequently Asked Questions

Is Annandale a good suburb for investment?

Annandale is a middle ring area in New South Wales with a population of 9,487. The median rent is $570/week and the median household income is $139,516/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Annandale?

Key demand drivers in Annandale include established amenities and transport access. 20% of dwellings are separate houses. The area has approximately 2 schools and 4 parks nearby.

What is the population of Annandale?

According to the ABS 2021 Census, Annandale has a population of approximately 9,487. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Annandale from the Sydney CBD?

Annandale is approximately 4 km straight-line distance from the Sydney CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

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