Annandale and Leichhardt, two of Sydney’s most sought-after inner-west suburbs, are seeing rental values soar, with median weekly rents hitting around $900. A tight 1.7% vacancy rate and Sydney’s projected population growth of 650,000 new residents by 2034 are driving this high-demand market. For landlords, this is a golden opportunity to maximise rental yields—and Elyment is here to help with modern upgrades like air conditioning, painting, and sustainable flooring. Follow us on X at @ElymentGroup or visit elyment.com.au to learn more. Why Rental Values Are Skyrocketing in Annandale and Leichhardt Annandale and Leichhardt are known for their vibrant communities, trendy cafes, and proximity to Sydney’s CBD. But what’s really pushing rental prices up? A mix of limited supply and growing demand is creating a landlord’s market. Low Vacancy Rates: With a vacancy rate of just 1.7%, rental properties are snapped up quickly, driving competition among tenants. Population Boom: Sydney expects 650,000 new residents by 2034, increasing demand for quality rentals in desirable suburbs. Lifestyle Appeal: These suburbs offer a blend of urban convenience and village charm, attracting young professionals and families alike. With median weekly rents at $900, landlords in Annandale and Leichhardt are seeing strong returns. But there’s room to boost rental yields even more with the right upgrades. How Elyment’s Services Increase Rental Yields Elyment offers tailored solutions to make your rental property stand out, ensuring higher rents and happier tenants. Their air conditioning, painting, and flooring services are designed to add value while keeping costs manageable. Elyment’s Key Services: Air Conditioning Installation: Modern air conditioning units keep tenants comfortable, especially during Sydney’s humid summers, making your property more appealing. Precision Painting: A fresh coat of paint in soft, neutral tones can brighten spaces and attract tenants willing to pay a premium. Sustainable Linoleum Flooring: Eco-friendly linoleum flooring is durable, stylish, and a big draw for environmentally conscious renters. Upgrading your property with Elyment’s services can help you charge higher rents while reducing vacancy periods, maximising your investment in a competitive market. Strategies to Maximise Rental Income in a High-Demand Market With Annandale and Leichhardt in high demand, landlords can use smart strategies to increase rental income. Here’s how Elyment’s modern upgrades can help: Add Modern Comforts: Install air conditioning to make your property a top choice for tenants, especially in summer. Elyment’s expert installation ensures efficiency and style. Refresh with Paint: A fresh paint job by Elyment can transform your space, making it feel clean and modern. Opt for neutral colours to appeal to a wide range of tenants. Upgrade Flooring Sustainably: Replace old flooring with sustainable linoleum options from Elyment. It’s low-maintenance, eco-friendly, and a big selling point for renters. Highlight Energy Efficiency: Promote features like energy-efficient air conditioning and sustainable flooring to attract tenants looking to save on bills. Price Competitively: With median rents at $900/week, use Elyment’s upgrades to justify a slight premium while staying competitive in the market. These strategies not only boost rental income but also reduce tenant turnover, ensuring a steady cash flow for landlords. Why Sustainable Linoleum Flooring is a Game-Changer Sustainable linoleum flooring is gaining popularity in rental properties for its durability and eco-friendly appeal. Elyment offers a range of linoleum options that can elevate your property’s value. Eco-Friendly: Made from natural materials, linoleum reduces your property’s environmental footprint. Low Maintenance: It’s easy to clean and resistant to wear, perfect for busy rental homes. Stylish Options: Available in modern designs, linoleum adds a chic touch that tenants love. By choosing sustainable linoleum flooring, you’re appealing to the growing number of renters who prioritise green living, giving your property an edge in Annandale and Leichhardt’s competitive market. The Future of Rentals in Annandale and Leichhardt With Sydney’s population set to grow by 650,000 by 2034, the rental market in Annandale and Leichhardt will remain tight. The 1.7% vacancy rate shows no signs of easing, meaning rental values could climb even higher. Landlords who invest in upgrades now will be well-positioned to capitalise on this growth, securing strong rental yields for years to come. Key Takeaways Rental values in Annandale and Leichhardt are rising, with median weekly rents around $900, driven by a 1.7% vacancy rate. Sydney’s population growth of 650,000 new residents by 2034 will keep demand high for rental properties. Elyment’s air conditioning, painting, and sustainable linoleum flooring services can boost rental yields. Landlords can maximise income by adding modern upgrades, using eco-friendly materials, and pricing competitively.