Annandale among the fastest selling NSW suburbs

Annandale among the fastest selling NSW suburbs
Staff reporterDecember 17, 2020

The Sydney suburb of Annandale is among the fastest suburb across Australia, according to Investar’s latest report.

The property data firm says that the average time that a house in Annandale stays on the market is 41 days.

A example is a recently sold four bedroom house at 65 View Street (above) that stayed on the market for 26 days before it was sold for $3.83 million.

Another example is a recently sold four bedroom house at 159 Nelson Street (below) that stayed on the market for 28 days before selling for $2.85 million.

Suburb

State

Postcode

Dwelling

Bedrooms

Days on market

Current median price

Croydon Park

NSW

2133

Unit

Studio and 1

38

$412,500

Kensington

VIC

3031

House

2

39

$775,000

Bowden

SA

5007

Unit

Studio and 1

40

$340,000

Annandale

NSW

2038

House

4

41

$2,500,000

Woolloomooloo

NSW

2011

Unit

Studio and 1

41

$800,000

Beecroft

NSW

2119

House

3

42

$1,350,000

Fairlight

NSW

2094

Unit

2

42

$900,000

Narraweena

NSW

2099

House

3

43

$1,250,000

CAULFIELD SOUTH

VIC

2162

House

3

44

$1,100,000

Allambie Heights

NSW

2100

House

3

45

$900,000

The average median price of a house in Annandale is $1.69 million, an increase of $21,000 compared to last year’s median price.

Annandale is popular with 1831 more website listing visits than most suburbs in NSW.

Established independent residents take up 25 percent of the residents in the area.

Editor's Picks

Demand for Melbourne apartment development sites ramps up as $40m Footscray block sells
How Deicorp is shaping Sydney’s housing future with transport-oriented apartment developments
Inside the success story of one of Sydney’s most prolific apartment developers
Prahran new property market set for busy 2025
Princeton's decade-long evolution from commercial fund to luxury off the plan apartment developer