Suburb Profile Report for Randwick NSW (2031)

Randwick House: Median price $2,304,444, Annual capital growth 8.61%, Number of sales 146, Weekly median advertised rent $1,038

Randwick Unit: Median price $875,000, Annual capital growth 6.94%, Number of sales 394, Weekly median advertised rent $610

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Randwick, 2031 ranked 769th in NSW when comparing growth in median property values or capital gain over the last 12 months. Randwick is one of 3163 in our list for NSW

Randwick,2031 was ranked 805 in Australia by increase in median property value over the quarter.

Our latest figures would indicate that property sellers in Randwick are currently offering property investors an average price cut of -7.20% below the asking price at the moment.

Property value increases in Randwick have tracked just higher than the NSW average of 5.41% over the last 12 months.

Randwick,2031 has offered an average of 10.76% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that Randwick is offering property investors an average of -4.42. This rate of discount on properties puts Suburb at number 382th in terms of most discounted suburbs in NSW

HOUSE UNIT
$2,304,444 $875,000
4.60% 4.17%
5.66% 10.76%
8.61% 6.94%
$1,038 $610
146 394
2.34% 3.63%
57.04 48

Source: CoreLogic

DSR Score for property investment : Very good (U), Very good (H)
Find a mortgage broker in Randwick NSW
Demographics
Total population 27740
Median household income ($/weekly) 1786
Median age of persons 35
Median housing loan repayment ($/monthly) 2600
Average household size 2.3
  • Census Count Percent(%)
    20-24 years 2360 8.5
    25-34 years 6355 22.9
    35-44 years 4855 17.5
    45-54 years 3264 11.8
    55-64 years 2422 8.7
    Others 8483 30.6
    Age Group
    Census Count Percent(%)
    Not Married 9685 47.4
    Registered Married 7832 38.4
    Defacto Relationship 2899 14.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 15113 58.7
    Croatia 904 3.5
    Italy 767 3.0
    United Kingdom 1900 7.4
    Other 2382 9.2
    Others 4694 18.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 723 2.9
    Christianity 14806 59.6
    Islam 352 1.4
    Judaism 1555 6.3
    No Religion 7033 28.3
    Others 363 1.5
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 1219 12.2
    $2,000-$2,499 937 9.4
    $2,500-$2,999 1387 13.9
    $3,000-$3,499 814 8.2
    $4,000 or more 902 9.1
    Others 4705 47.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 10718 48.9
    Not in the labour force 5866 26.7
    Employed, worked part-time 3819 17.4
    Employed, away from work 803 3.7
    Unemployed, looking for work 730 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 2206 14.4
    Professionals 6048 39.4
    Technicians & trades workers 1376 9.0
    Community & personal service workers 1361 8.9
    Clerical & administrative workers 2096 13.7
    Others 2250 14.7
    Occupation
    Census Count Percent(%)
    Pre-school 462 7.3
    Infants/Primary 1528 24.1
    Secondary 967 15.2
    Technical or Further Educational Institution 553 8.7
    University or other Tertiary Institutions 2564 40.4
    Others 273 4.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 14684 59.6
    Separate house 5506 22.4
    Semi-detached, row or terrace house, townhouse 4294 17.4
    House or flat attached to a shop, office 148 0.6
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 5301 49.1
    Being purchased 2801 26.0
    Fully owned 2640 24.5
    Other tenure type 45 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals