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Sales Activity
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Sales Detail
Population
Annandale is positioned among the lower quartile of areas assessed nationally for population growth based on AreaSearch's assessment of recent, and medium term trends
Annandale's population, as of November 2025, is approximately 9,917, reflecting a growth of 453 people since the 2021 Census. This increase represents a 4.8% rise from the previously reported figure of 9,464. The change was inferred using the estimated resident population of 9,933 as of June 2024 and address validation since the Census date. This results in a population density ratio of 6,655 persons per square kilometer, placing Annandale within the top 10% of national locations assessed by AreaSearch. The area's growth rate exceeded that of its SA3 region at 3.4%, indicating it as a growth leader. Overseas migration contributed approximately 74.8% of overall population gains during recent periods.
AreaSearch uses ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, NSW State Government's SA2 level projections are utilized, released in 2022 with a base year of 2021. Growth rates by age group from these aggregations are applied to all areas for years 2032 to 2041. By 2041, the area's population is projected to decrease by 145 persons overall, while specific age cohorts like the 75-84 group are expected to increase by 223 people.
Frequently Asked Questions - Population
Development
The level of residential development activity in Annandale is very low in comparison to the average area assessed nationally by AreaSearch
Annandale has seen approximately 20 new homes approved annually. Over the past five financial years, from FY-21 to FY-25, around 100 homes have been approved, with another 8 approved so far in FY-26. On average, only about 0.1 person per year moves to the area for each dwelling built during these years, suggesting that new construction is meeting or exceeding demand.
The average expected construction cost value of new properties is $703,000, slightly above the regional average, indicating a focus on quality developments. In FY-26, there have been $1.3 million in commercial development approvals recorded, reflecting minimal commercial development activity compared to previous years. Compared to Greater Sydney, Annandale shows around 69% of the construction activity per person and ranks among the 6th percentile nationally for construction activity, suggesting relatively constrained buyer choice and supporting interest in existing dwellings. This level is also below average nationally, which may reflect the area's maturity or possible planning constraints. New development in Annandale consists of approximately 23.0% detached houses and 77.0% townhouses or apartments, indicating a skew towards compact living that offers affordable entry pathways for downsizers, investors, and first-time purchasers.
With around 3290 people per approval, Annandale is considered a mature, established area with an expected stable or declining population in the future, which may reduce pressure on housing and create opportunities for buyers.
Frequently Asked Questions - Development
Infrastructure
Annandale has very high levels of nearby infrastructure activity, ranking in the top 10% nationally
Changes to local infrastructure significantly impact an area's performance. AreaSearch identified 17 projects likely affecting this region. Notable ones include The Joinery Annandale, West End Residences, OTTO Annandale Student Accommodation (45-57 Parramatta Road), and Annandale Mixed Use Build-to-Rent Development. The following list details those most relevant:.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
New Sydney Fish Market
The NSW Government is delivering a purpose-built new Sydney Fish Market at Blackwattle Bay designed by 3XN with BVN and Aspect Studios. The c. 26,000 sqm facility will house retail, restaurants and bars, fishmongers and wholesale auction facilities, new wharf and boating infrastructure, and a continuous public foreshore promenade. Construction is nearing completion with government indicating building completion and handover to the operator in late 2025, with public opening scheduled for 19 January 2026. The project is expected to attract over 6 million visitors annually.
Sydney Metro West - The Bays Station
A major underground station part of the 24km Sydney Metro West line, located between Glebe Island and White Bay Power Station. The project involves the transformation of the Bays West precinct into a mixed-use innovation hub, featuring approximately 250 new homes, commercial and retail spaces, and significant public foreshore access. Tunnelling and station box excavation are well underway, with the line targeting a 2032 opening.
The Bays Metro Station Development
Construction of a major underground metro station at The Bays as part of the Sydney Metro West line, targeting a 2032 opening. The project involves significant excavation and civil works, currently being delivered by the Acciona Ferrovial Joint Venture (AFJV) as part of the Central Tunnelling Package. The site also supports the Eastern Tunnelling Package, managed by the John Holland CPB Ghella Joint Venture (JCG). The station will serve as a key transport hub for the Bays West precinct, catalyzing urban renewal with planned connections to future commercial, retail, and residential developments.
Western Harbour Tunnel
Major new motorway tunnel providing Sydney's third harbour crossing. Approximately 6.5 km of twin three-lane tunnels connecting the Rozelle Interchange (M4-M5 Link) to the Warringah Freeway at Cammeray, including immersed tube tunnels under Sydney Harbour. Delivered in two main contracts: Southern tunnel (Rozelle to Birchgrove) by John Holland CPB Contractors JV - tunnelling complete; Northern tunnel and harbour crossing by Acciona - tunnelling well underway with TBMs launched in 2025. Full opening targeted for 2028.
Stanmore North Precinct Planning (Our Fairer Future Plan)
Inner West Council-led planning for the Stanmore North precinct as part of the broader 'Our Fairer Future Plan' to increase housing supply around transport hubs and main streets, in line with the NSW Government's Transport Oriented Development (TOD) program. The plan is an alternative approach developed by Council to allow for increased residential densities and is aiming to deliver approximately 35,000 new homes across the Inner West LGA over 15 years, including new affordable housing, while protecting heritage areas. The draft plan for Housing Investigation Areas, including Stanmore (Stage 2), was considered by Council in May 2025 for public exhibition.
A Fairer Future - Inner West Local Housing Strategy (35,000 New Homes)
Council-led strategic housing program to deliver approximately 35,000 additional homes by 2041 through rezoning, height and density increases around transport hubs and town centres, heritage protection, affordable housing contributions, and supporting infrastructure planning.
OTTO Annandale Student Accommodation (45-57 Parramatta Road)
A new six-storey mixed-use development comprising retail and 201 hotel rooms/student accommodation studios, with partial demolition and retention of existing building facades. The student accommodation component is branded as 'OTTO Stay Annandale' and plans for 102 co-living studios. The DA has a Capital Investment Value of $31,059,285 and is currently under assessment by the Sydney Eastern City Planning Panel.
West End Residences
Mixed residential development with a focus on affordable housing options, sustainable design, and community spaces including shared gardens and recreational facilities.
Employment
AreaSearch assessment positions Annandale ahead of most Australian regions for employment performance
Annandale has a highly educated workforce. The technology sector is notably represented.
Its unemployment rate is 4.1%. Over the past year, estimated employment growth was 3.5%. As of June 2025, 6,568 residents are employed. Annandale's unemployment rate is 0.1% lower than Greater Sydney's rate of 4.2%.
Workforce participation in Annandale is 70.4%, compared to Greater Sydney's 60.0%. Employment is concentrated in professional & technical, health care & social assistance, and education & training sectors. The area specializes in professional & technical employment, with a share 1.5 times the regional level. Construction employs only 5.7% of local workers, below Greater Sydney's 8.6%. Limited local employment opportunities are indicated by Census data comparing working population to resident population. Over the past year, employment increased by 3.5%, while labour force grew by 4.2%, causing unemployment to rise by 0.7 percentage points. In comparison, Greater Sydney recorded employment growth of 2.6%, with unemployment rising by 0.3 percentage points. As of Nov-25, NSW employment contracted by 0.03% (losing 2,260 jobs), with the state unemployment rate at 3.9%. National unemployment rate is 4.3%. Jobs and Skills Australia's national employment forecasts from May-25 project national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Annandale's employment mix suggests local employment should increase by 7.4% over five years and 14.9% over ten years, using a simple weighting extrapolation for illustrative purposes.
Frequently Asked Questions - Employment
Income
The economic profile demonstrates exceptional strength, placing the area among the top 10% nationally based on comprehensive AreaSearch income analysis
AreaSearch's latest postcode level ATO data for financial year 2022 shows that Annandale SA2 has a median income of $78,637 and an average income of $121,333. These figures place Annandale in the top percentile nationally when compared to Greater Sydney's median income of $56,994 and average income of $80,856. Based on Wage Price Index growth of 12.61% since financial year 2022, estimated incomes for September 2025 would be approximately $88,553 (median) and $136,633 (average). Census 2021 income data reveals that household, family, and personal incomes in Annandale rank highly nationally, between the 93rd and 97th percentiles. The $4000+ income bracket dominates with 35.0% of residents, unlike surrounding regions where 30.9% fall within the $1,500 - 2,999 range. Higher earners make up a substantial presence in Annandale, with 46.5% exceeding $3,000 weekly. High housing costs consume 18.4% of income, but strong earnings place disposable income at the 91st percentile nationally. The area's SEIFA income ranking places it in the 10th decile.
Frequently Asked Questions - Income
Housing
Annandale displays a diverse mix of dwelling types, with a higher proportion of rental properties than the broader region
Annandale's dwelling structure, as per the latest Census, consisted of 22.8% houses and 77.2% other dwellings (semi-detached, apartments, 'other' dwellings). This compares to Sydney metro's 30.0% houses and 70.0% other dwellings. Home ownership in Annandale was at 26.4%, with the rest mortgaged (31.4%) or rented (42.2%). The median monthly mortgage repayment was $3,467, below Sydney metro's average of $3,500. Median weekly rent was $570, compared to Sydney metro's $600. Nationally, Annandale's mortgage repayments were significantly higher than the Australian average of $1,863, with rents substantially above the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Annandale features high concentrations of group households and lone person households, with a fairly typical median household size
Family households account for 62.6% of all households, including 28.1% couples with children, 26.3% couples without children, and 7.2% single parent families. Non-family households constitute the remaining 37.4%, with lone person households at 31.6% and group households comprising 5.7%. The median household size is 2.3 people, which aligns with the Greater Sydney average.
Frequently Asked Questions - Households
Local Schools & Education
Annandale shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators
Annandale's educational attainment is notably higher than national and state averages. Among residents aged 15+, 60.8% hold university qualifications, compared to 30.4% nationally and 32.2% in NSW. Bachelor degrees are the most common at 37.8%, followed by postgraduate qualifications (18.9%) and graduate diplomas (4.1%). Vocational pathways account for 19.2% of qualifications, with advanced diplomas at 9.4% and certificates at 9.8%.
Educational participation is high, with 29.9% currently enrolled in formal education. This includes 9.2% in tertiary, 9.0% in primary, and 6.1% in secondary education.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
The public transport analysis indicates that there are currently 23 active transport stops operating within Annandale. These stops offer a mix of light rail and bus services. In total, these stops are serviced by 18 individual routes, collectively providing 6,376 weekly passenger trips.
The accessibility of the transport system is rated as excellent, with residents typically located approximately 167 meters from their nearest transport stop. On average, service frequency across all routes amounts to 910 trips per day, equating to roughly 277 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Annandale's residents are extremely healthy with prevalence of common health conditions low among the general population though slightly higher across older, at risk cohorts
Analysis of health metrics indicates strong performance across Annandale with a low prevalence of common health conditions among the general population. However, this prevalence is slightly higher among older, at-risk cohorts.
The rate of private health cover in Annandale is exceptionally high at approximately 79% of the total population (7,874 people), compared to the national average of 55.3%. Mental health issues and asthma are the most common medical conditions in the area, impacting 9.3 and 7.3% of residents respectively. Meanwhile, 72.3% of residents declare themselves completely clear of medical ailments, which is slightly lower than the 73.2% across Greater Sydney. Annandale has 14.1% of residents aged 65 and over (1,400 people), which is lower than the 15.4% in Greater Sydney. Despite this, health outcomes among seniors require more attention than those of the broader population.
Frequently Asked Questions - Health
Cultural Diversity
The level of cultural diversity witnessed in Annandale was found to be slightly above average when compared nationally for a number of language and cultural background related metrics
Annandale's population showed high cultural diversity, with 14.4% speaking a language other than English at home and 27.3% born overseas. Christianity was the predominant religion, comprising 36.8%. Judaism stood out as overrepresented, at 0.9% compared to Greater Sydney's 0.7%.
In terms of ancestry, the top three groups were English (24.8%), Australian (21.4%), and Irish (10.4%). Some ethnic groups showed notable differences: French was equally represented at 0.8%, Russian also matched regional levels at 0.5%, while Lebanese were slightly overrepresented at 1.0%.
Frequently Asked Questions - Diversity
Age
Annandale's population is slightly younger than the national pattern
The median age in Annandale is close to Greater Sydney's average of 37 years, matching the Australian median of 38 years. Compared to Greater Sydney, Annandale has a higher proportion of residents aged 45-54 (14.8%) but fewer residents aged 5-14 (10.3%). Between the 2021 Census and present, the population aged 15-24 increased from 10.0% to 11.5%, while those aged 75-84 rose from 3.6% to 4.7%. Conversely, the 65-74 age group decreased from 8.6% to 7.9%. By 2041, Annandale's age composition is expected to change significantly. The 75-84 age group is projected to grow by 45%, reaching 672 people from 464. Those aged 65 and above are expected to comprise 72% of the population growth. Meanwhile, population declines are projected for the 15-24 and 0-4 age groups.