Randwick, 2031 ranked 986th in NSW when comparing growth in median property values or capital gain over the last 12 months. Randwick is one of 3162 in our list for NSW
Over the longer term, Randwick has seen property prices show investors a 40.98% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -8.51% to buyers in Randwick at the moment, which is less than average for the rest of NSW.
A $992.5 per week rent on the median house gives suburb investors a gross yield of circa 2.40%, without taking into account capital value appreciation, which has been averaging out at 7.61%.
Property value increases in Randwick have tracked just higher than the NSW average of 8.14% over the last 12 months.
The five-year average increase in median property values for Randwick,2031 has given property investors a potential capital gain of 35.15% across each of those five years.
Property investors looking for a bargain in Randwick should be aiming for at least -4.67% off the asking price, which is the average vendor discount being achieved at the moment.
Randwick is 420th on a list of best yielding suburbs for rents in NSW with a 3.75% return