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Annandale is a charming suburb that offers a delightful blend of tranquility and convenience, making it a wonderful place to call home. Nestled along the scenic banks of the Ross River, this suburb is renowned for its lush green spaces and family-friendly atmosphere. The peaceful vibe is complemented by a strong sense of community, where residents enjoy the benefits of well-maintained parks and walking trails that invite outdoor activities and relaxation. With its close proximity to the Townsville Golf Club, Annandale provides ample opportunities for leisure and recreation, appealing to both families and individuals who appreciate a serene lifestyle.

Families find Annandale particularly appealing due to its excellent selection of schools and educational facilities. The suburb is well-equipped with modern amenities, ensuring that daily needs are easily met without having to venture far. Safety is generally not a concern, as the community is tight-knit and supportive, fostering a welcoming environment for residents of all ages. While Annandale may not offer the bustling nightlife of a city center, it compensates with its peaceful surroundings and the convenience of nearby shopping centers and cafes.

One of the trade-offs of living in Annandale is that it may not suit those seeking the hustle and bustle of urban life. However, for those who value a balanced lifestyle with easy access to nature and a strong community spirit, Annandale is an ideal choice. The suburb's established infrastructure and connectivity to major roads ensure that residents can easily access key employment hubs, educational institutions, and healthcare facilities. Overall, Annandale is a delightful suburb that offers a harmonious blend of natural beauty, community warmth, and modern convenience, making it a fantastic place for families and individuals seeking a peaceful yet connected lifestyle.

Living in Annandale can be considered moderately expensive, especially when compared to the average earnings in Queensland. The median house price in Annandale is currently $740,000. This price point is significant, particularly when you consider that the average weekly earnings in Queensland are around $1,800, translating to an annual salary of approximately $94,000.

For those looking to rent, the average rent for houses in Annandale is about $600 per week. This rental cost, combined with other living expenses, would take up a substantial portion of the average income. Given these figures, living in Annandale requires careful financial planning to ensure that housing costs do not overwhelm your budget.

While Annandale offers a pleasant lifestyle with its community feel and amenities, the cost of housing, both in terms of buying and renting, is relatively high compared to the average earnings in the state. If you are thinking of living in Annandale, it's important to assess your financial situation to ensure it aligns with the expenses associated with this suburb.

Annandale is showing promising signs as a potential investment hotspot, particularly for those interested in the housing market. Over the past year, the suburb has experienced a significant 21.4% increase in median house values, indicating strong capital growth. This surge suggests a high demand for houses, making it an attractive option for investors looking to capitalize on rising property values.

In terms of rental income, Annandale's housing market has also seen a healthy 11.1% increase in rent over the last 12 months. This growth in rental returns highlights the suburb's appeal to renters, ensuring a steady stream of rental income for property investors. While the unit market hasn't shown the same level of growth, the stability in unit values and rents suggests a more cautious but potentially stable investment for those looking at long-term prospects.

Overall, Annandale presents a compelling case for investment, especially in the housing sector. With strong capital growth and increasing rental yields, it offers a balanced opportunity for investors seeking both appreciation and income. The suburb's performance over the past year indicates a robust market, making it a noteworthy consideration for those looking to invest in real estate.