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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 NSW's population was around 9,913 as of Aug 2025. This figure reflects an increase of 449 people from the 2021 Census count of 9,464 people, indicating a growth rate of 4.7%. The change is inferred from ABS estimated resident population data of 9,933 as of June 2024 and address validation since the Census date. This results in a population density ratio of 6,653 persons per square kilometer, placing Annandale within the top 10% of locations assessed by AreaSearch. The area's growth rate exceeded that of its SA3 region at 3.4%, marking 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 from 2022 using a 2021 base year are employed. Growth rates by age group are applied to all areas for years 2032 to 2041. By 2041, the area's population is projected to decline by 145 persons according to these methodologies. However, specific age cohorts like the 75-84 group are anticipated to grow, with a projected increase of 223 people in this age range.
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 were approved, with another 8 approved so far in FY-26. On average, about 0.1 person per year moved to the area for each dwelling built over these five years.
This suggests that new construction is meeting or exceeding demand, providing more options for buyers and potentially supporting population growth beyond current expectations. The average construction value of new properties was $703,000, slightly above the regional average, indicating a focus on quality developments. In FY-26, commercial development approvals totaled $1.3 million, reflecting minimal commercial development activity compared to previous years. In comparison with Greater Sydney, Annandale has approximately 69% of the construction activity per person, placing it among the 7th percentile nationally for areas assessed. This results in relatively constrained buyer choice and supports interest in existing dwellings.
The area's maturity is reflected in its population density of around 3290 people per approval. With an expected stable or declining population, Annandale may see reduced pressure on housing, potentially creating opportunities for buyers. New development in Annandale consists of 23.0% detached houses and 77.0% townhouses or apartments, indicating a focus on compact living that offers affordable entry pathways for downsizers, investors, and first-time purchasers.
Frequently Asked Questions - Development
Infrastructure
Annandale has very high levels of nearby infrastructure activity, ranking in the top 10% nationally
Changes in local infrastructure significantly impact an area's performance. AreaSearch identified 17 projects potentially influencing this region. Notable ones include West End Residences, OTTO Annandale Student Accommodation (45-57 Parramatta Road), The Joinery Annandale, 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
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.
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.
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.
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.
Elger Street Social Housing
Social housing development on Elger Street providing affordable accommodation for local residents with modern facilities, community spaces, and accessible design features.
The Joinery Annandale
Mixed-use urban renewal of a former WestConnex dive site to deliver around 577 apartments including 220 build-to-rent homes for essential workers at discounted rents, ground-floor retail and services, public open spaces including a central plaza, new pedestrian links between Parramatta Road and Pyrmont Bridge Road, and a realigned Bignell Lane. Plans submitted in June 2025 and placed on public exhibition 12 August - 8 September 2025. Construction of the essential worker build-to-rent and public open space is targeted to start in 2026, with first move-ins expected around 2028, subject to approvals.
Employment
AreaSearch assessment positions Annandale ahead of most Australian regions for employment performance
Annandale in New South Wales (NSW) has a highly educated workforce with notable representation in the technology sector. The unemployment rate here is 4.1%, lower than Greater Sydney's 4.2%.
Over the past year, employment grew by an estimated 3.5%. As of June 2025, 6,568 residents are employed, with a workforce participation rate of 70.4%, higher than Greater Sydney's 60.0%. Major industries for Annandale residents include professional & technical services, health care & social assistance, and education & training. The area specialises in professional & technical jobs, with an employment share 1.5 times the regional level.
Conversely, construction employs only 5.7% of local workers, below Greater Sydney's 8.6%. In the year to June 2025, employment increased by 3.5%, while labour force grew by 4.2%, leading to a rise in unemployment rate by 0.7 percentage points. By comparison, Greater Sydney recorded employment growth of 2.6% and an unemployment increase of 0.3 percentage points. National employment forecasts from Jobs and Skills Australia (May 2025) project national growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Annandale's employment mix suggests local growth of approximately 7.4% over five years and 14.9% over ten years, though these are simple extrapolations for illustrative purposes only.
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 indicates that Annandale's median income is $78,637 and the average income stands at $121,333. This contrasts with Greater Sydney's figures of a median income of $56,994 and an average income of $80,856. Based on Wage Price Index growth of 12.61% since financial year 2022, current estimates for Annandale would be approximately $88,553 (median) and $136,633 (average) as of September 2025. Census 2021 income data shows that household, family, and personal incomes in Annandale rank highly nationally, between the 93rd and 97th percentiles. Income analysis reveals that 35.0% of residents earn $4,000 or more per week (3,469 people), unlike surrounding regions where 30.9% fall within the $1,500 - $2,999 range. Higher earners represent a substantial presence with 46.5% exceeding $3,000 weekly. High housing costs consume 18.4% of income, but strong earnings place disposable income at the 92nd 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 figures of 30.0% houses and 70.0% other dwellings. Home ownership in Annandale was at 26.4%, with mortgaged dwellings at 31.4% and rented dwellings at 42.2%. The median monthly mortgage repayment was $3,467, lower than Sydney metro's average of $3,500. Median weekly rent in Annandale was $570, compared to Sydney metro's $600. Nationally, Annandale's mortgage repayments were significantly higher than the Australian average of $1,863, and rents were 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 make up 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 matches 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 significantly exceeds broader benchmarks. 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% of residents currently enrolled in formal education, including 9.2% in tertiary education, 9.0% in primary education, and 6.1% pursuing secondary education. Annandale's 4 schools have a combined enrollment of 982 students as of the latest data. The area demonstrates significant socio-educational advantages with an ICSEA score of 1122. Education provision is balanced with 3 primary and 1 secondary school serving distinct age groups.
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
Annandale has 23 active public transport stops. These include lightrail and bus services. They are served by 18 different routes.
Together, these provide 6,376 weekly passenger trips. The accessibility of transport is rated as excellent. Residents typically live 167 meters from the nearest stop. On average, there are 910 trips per day across all routes. This equates to approximately 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
Annandale's health metrics indicate strong performance overall. Common health conditions are low among its general population but higher among older, at-risk cohorts.
Approximately 79% of Annandale's total population (7,870 people) have private health cover, compared to the national average of 55.3%. The most prevalent medical conditions in the area are mental health issues and asthma, affecting 9.3% and 7.3% of residents respectively. 72.3% of Annandale's residents declare themselves completely clear of medical ailments, compared to 73.2% across Greater Sydney. 14.1% of Annandale's residents are aged 65 and over (1,399 people), lower than the 15.4% in Greater Sydney. While health outcomes among seniors in Annandale are above average, they require more attention than those of the broader population.
Frequently Asked Questions - Health
Cultural Diversity
Annandale was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics
Annandale's cultural diversity was notable, with 14.4% of its population speaking a language other than English at home and 27.3% born overseas. Christianity was the dominant religion in Annandale, accounting for 36.8% of people. However, Judaism was overrepresented compared to Greater Sydney, comprising 0.9% versus 0.7%.
The top three ancestry groups were English (24.8%), Australian (21.4%), and Irish (10.4%). There were also notable differences in the representation of certain ethnic groups: French (0.8% vs regional 0.8%), Russian (0.5% vs 0.5%), and Lebanese (1.0% vs 0.8%) were notably present in Annandale compared to Greater Sydney figures.
Frequently Asked Questions - Diversity
Age
Annandale's population is slightly younger than the national pattern
The median age in Annandale is 38 years, close to Greater Sydney's average of 37 and equivalent to Australia's median of 38. 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 now, the population aged 15-24 has increased from 10.0% to 11.5%, while those aged 75-84 have risen from 3.6% to 4.7%. Conversely, the proportion of residents aged 65-74 has decreased from 8.6% to 7.9%. By 2041, Annandale's age composition is expected to change significantly. The number of residents aged 75-84 is projected to grow by 45%, reaching 672 from 463. This growth will be led by the aging population dynamic, with those aged 65 and above comprising 71% of the projected growth. Conversely, population declines are projected for the cohorts aged 0-4 and 15-24.