Get a property report and suburb profile for any property in Annandale

Annandale is a quietly suburban, family-oriented suburb in Townsville’s southern suburbs. Streets are lined with established trees and housing is mostly single-storey brick homes on reasonably sized blocks, with some newer infill. The area is home to 8,376 people and has a median age of 40. Couple families are the dominant household type, and roughly 75.6% of homes are owner-occupied, so the suburb reads as established and settled rather than transient.

Everyday life is supported by local shops, schools, numerous parks and sporting fields, plus straightforward road links to the city centre, the airport and nearby coastal amenities. Infrastructure and local projects connected to the suburb include a major transport upgrade that improved the river crossing and pedestrian and cycle links, an upgraded MacArthur Park, a multi-stage plan for Annandale Christian College, and expansion work at the nearby Townsville University Hospital. Those features suit families and commuters looking for a relaxed suburban base within greater Townsville; whether it fits you depends on what you value in a neighbourhood.

With a median house price of $763,000, buying in Annandale works out to about 6.6 times a typical local household's annual income at the last Census, which sits in the well above local incomes range. By contrast, the average house rent of $620 a week would take roughly 28% of a typical local household's weekly income at the last Census, a moderate share. On these figures, buying is the more stretched option compared with renting at the typical local incomes recorded at the last Census, and whether that feels expensive depends on your own income and circumstances.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

House values in Annandale rose 13.6% over the past 12 months, a strong increase in what a house there is worth. Over the same period house rents climbed 3.3%, a modest rise in the income those properties would generate.

Taken together, price appreciation for houses outpaced rent growth this year, so capital growth was the stronger performer on the housing side. Which of those outcomes matters to you depends on whether you prioritise rental income or price growth and on your own circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.