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Annangrove vs Putney

Property investment comparison - Annangrove, NSW 2156 vs Putney, NSW 2112

Head-to-head across core investment metrics: Annangrove wins 2, Putney wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricAnnangrovePutney
Median house price$3.5M$3.5M
Median unit price$1.4M-
Gross rental yield (houses)1.58%-
Gross rental yield (units)2.92%2.74%
1-year house growth-7.2%-6.1%estimate
3-year house growth-2.0%-
Vacancy rate1.7%3.0%
Population1,4724,097

Annangrove vs Putney: what the numbers say

The median house price is $3.5M in Annangrove and $3.5M in Putney, so Putney is the cheaper entry point, with Annangrove houses about 1% dearer.

Over the past year house prices moved -7.2% in Annangrove and -6.1% in Putney (an estimate), so recent momentum favours Putney, while Annangrove went backwards.

Rental vacancy is 1.7% in Annangrove and 3.0% in Putney, so landlords in Annangrove face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Putney is the bigger suburb, with a population of 4,097 against 1,472, roughly 2.8 times the size of Annangrove; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Putney for a lower purchase price, Putney for recent price momentum, Annangrove for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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