Giving property investors a an average capital gain of 3.85% for the last year, Randwick, 2031 is the 1935th highest performer in Australia in this respect.
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.
LACK OF BUYER INTEREST may well be the reason that Randwick is offering property investors an average of -6.18. This rate of discount on properties puts Suburb at number 148th in terms of most discounted suburbs in NSW
Situated 6.18km from the CBD, Randwick is one of Randwick localities in the postcode 2031.
Randwick, 2031 ranked 302th 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
The five-year average increase in median property values for Randwick,2031 has given property investors a potential capital gain of 49.44% across each of those five years.
Vendor discounting in Randwick is giving property investors an average Vendor Discount of around -4.94%. This puts suburb at number 259th in NSW when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $33800 per annum or $650 every week.