Annandale vs Leichhardt

Leichhardt (median $2,200,000) is roughly 6% cheaper to buy into than Annandale ($2,339,000). Over the past year, Leichhardt (+11.7%) ran 10.6 percentage points ahead of Annandale (+1.1%) on house-price growth.

Buying in Annandale or Leichhardt?

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Annandale and Leichhardt side by side

MeasureAnnandaleLeichhardt
Price and market
Median house$2,339,000$2,200,000
Median unit$549,360$1,065,000
House price change, 12 months+1.1%+11.7%
Renting
House rent$1000/wk$1110/wk
Unit rent$650/wk$680/wk
Owner occupied56.0%58.0%
Renter occupied42.0%40.0%
Schools
Schools nearby2020
Average ICSEA11101115
Lifestyle and people
Walk score100100
Transit score00
Bike score100100
Population9,48715,158
Median age3837
Climate
Annual rainfall981 mm981 mm
Mean max, January27.6°C27.6°C

Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.

Which suits whom

On school quality, the average ICSEA across schools serving Leichhardt (1115) sits above Annandale (1110).

For buyers
Leichhardt is the lower entry point at $2,200,000 median, 6% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Leichhardt carries both higher gross yield (2.62% vs 2.22%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.
For families
Leichhardt edges out on average school ICSEA (1115 vs 1110).

Annandale vs Leichhardt: common questions

Is Annandale or Leichhardt cheaper to buy in?

Leichhardt has the lower median house price at $2,200,000, roughly 6% below Annandale ($2,339,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Annandale or Leichhardt?

Over the past 12 months, Leichhardt grew +11.7% vs +1.1% in Annandale, a gap of 10.6 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.

Does Annandale or Leichhardt have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Leichhardt scores 1115 vs 1110 in Annandale. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which suburb has higher rental yield, Annandale or Leichhardt?

Gross rental yield on houses is 2.62% in Leichhardt vs 2.22% in Annandale. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.