Randwick is an average performer in NSW when comparing median price capital growth over the last year. Randwick gave property investors a good capital gain figure when compared to the rest of the state, with 10.12%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Randwick has increased when compared to the 5 year average annual rate.
Property buyers and investors in Randwick 2031 should be seeing an average reduction in asking price of around -8.41% . This means that Randwick is holding prices well when compared to other suburbs in NSW.
At number 692 in a list of fastest selling suburbs, Randwick is in the TOP 20% of suburbs in Australia with an average of days on market 55.45 for properties listed there.
A $1025 per week rent on the median house gives suburb investors a gross yield of circa 2.28%, without taking into account capital value appreciation, which has been averaging out at 8.70%.
Giving property investors a a stable capital gain of 10.26% for the last year, Randwick, 2031 is the 378th highest performer in Australia in this respect.
A 40.12% growth in median value for property investors in Randwick,2031 puts this suburb at number 191th in terms of best performing suburbs in NSW
At number 272th of NSW’s most discounted properties, Randwick is in the middle of the state/territory when listing in order of most discounted to least.
A $610 per week rent on the median house gives suburb investors a gross yield of circa 3.69%, without taking into account capital value appreciation, which has been averaging out at 6.84%.