Thinking about buying in Randwick? Now could not be a better time, with 7984 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,375,000 with prices in this suburb ranging from $32,000 to $106,235,000. Randwick is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $593.08 |
Median Monthly Mortgage | $3228.69 |
Median Persons Per Bedroom | 0.99 |
Average Household Size | 2.31 |
Average Age | 36.69 |
Average Income | $1034.85 |
Average Cars Per Dwelling | 1.23 |
Average Properties Within 50M | 120 |
1 Bed  $917,000 |
2 Bed  $1,357,000 |
3 Bed  $3,579,000 |
4 Bed  $4,626,000 |
5 Bed  $5,576,000 |
6 Bed+$5,593,000 |
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Randwick is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Randwick changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Randwick necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Randwick is a suburb of Sydney, New South Wales. Seeing first European settlement in 1848, Randwick was proclaimed as a municipality in 1849, and grew steadily throughout that century and into the next to become a city in 1990. Randwick is full of history and culture, with a number of heritage sites drawing in tourism and local interest, including Randwick Town Hall and Ventnor, the home of one of Sydney’s first politicians. Randwick is primarily a residential municipality, however it has a deep history and culture of sports, with the 29km of coastline within the City of Randwick being colloquially known as the sports coast. As such, the municipality is home to a number of sports venues, including the Randwick Racetrack. Randwick also has a commercial area to the North-West of its centre, and an entertainment district to the south-east known as The Spot.
Just 6 kilometres from the heart of Sydney’s Central Business District, Randwick is serviced by buses and, as of recent years, the CBD and South East Light Railway. Randwick’s proximity to both central Sydney and the coastline, as well as its tourist appeal and recent investment in transport and development, make Randwick an opportunely located place to own property, full of promise, history and culture.
41 AIRPORT DR, KENSINGTON, QLD, 4670 | $589,000 +GST | ||||
4 HERO PL, KENSINGTON, QLD, 4670 | 1 | 1 | 6 | 675000 |
Kensington Public School
Our Lady of the Rosary Catholic Primary School
Our Lady of the Sacred Heart College
Sydney Childrens Hospital School
Eastlakes Public School
Randwick Girls High School
Our Lady of the Sacred Heart Catholic Primary School
Coogee Boys' Preparatory School
Marcellin College
The Joseph Varga School
(While the above schools are located with the suburb of Randwick there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 5.0 | 21.6 | 31.3 | 50.2 | 91.7 | 4.9 | 25.1 |
Feb | 5.2 | 21.6 | 30.9 | 53.1 | 92.0 | 4.8 | 22.1 |
Mar | 5.8 | 20.8 | 29.9 | 53.7 | 93.4 | 4.6 | 19.3 |
Apr | 1.6 | 17.7 | 28.2 | 49.0 | 92.0 | 4.0 | 17.6 |
May | 1.4 | 13.9 | 25.0 | 46.6 | 91.5 | 3.6 | 15.1 |
Jun | 2.1 | 12.6 | 23.1 | 50.3 | 91.9 | 3.8 | 12.9 |
Jul | 0.8 | 10.4 | 23.1 | 43.1 | 92.1 | 3.4 | 14.5 |
Aug | 0.7 | 10.8 | 24.5 | 37.1 | 92.2 | 3.6 | 17.1 |
Sept | 0.6 | 13.9 | 26.8 | 38.2 | 91.4 | 4.1 | 21.0 |
Oct | 1.6 | 16.1 | 28.0 | 42.4 | 91.5 | 4.4 | 24.4 |
Nov | 1.8 | 18.9 | 29.7 | 45.1 | 90.6 | 4.6 | 26.3 |
Dec | 4.5 | 20.5 | 30.6 | 49.2 | 91.0 | 4.7 | 26.2 |
source: Australian Government Bureau of Meteorology
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