All About Annandale, Inner West, NSW, 2038

Annandale, located in the Inner West of Sydney, NSW, offers a unique blend of historical charm and modern convenience, making it a highly sought-after area in the housing market. Known for its picturesque streets lined with heritage-listed terraces and beautifully restored homes, Annandale exudes a quaint, village-like ambiance. Over the years, the suburb has experienced a steady demand, driven by its proximity to Sydney's central business district, which is just a short drive or convenient public transport ride away. The housing market in Annandale reflects this demand, with property prices showing resilience even during broader market fluctuations. The area attracts a diverse demographic, including young professionals, families, and retirees, all drawn by the quality of life it offers as well as the range of amenities close at hand.

Living in Annandale means enjoying a vibrant community atmosphere with a variety of local cafes, boutiques, and parks contributing to its lively yet laid-back lifestyle. Annandale's proximity to high-quality schools and educational institutions adds to its appeal for families, while cultural enthusiasts appreciate its thriving arts scene and local events. The suburb is enveloped in greenery, with the beautiful Rozelle Bay and Bicentennial Park nearby offering scenic spots for leisure and recreation. Residents appreciate the convenience of being close to essential amenities while still retaining the charm of a tight-knit community. It's a lifestyle that balances the demands of urban living with the serenity that comes from being part of a well-preserved and culturally rich environment. Annandale continues to be a coveted neighborhood due to its enduring allure, strong community bonds, and the timeless appeal of its historical architecture.

Annandale Real Estate Market Outlook

Thinking about buying in Annandale? Now could not be a better time, with 6002 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,275,000 with prices in this suburb ranging from $172,000 to $22,049,000. Annandale is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Annandale due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Annandale provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Annandale requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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