Centennial Park, NSW

UNDERVALUED

2,188 sales · 36 years of data · NSW, Australia

$840,500
Median (All)
$9,500,000
Median (Houses)
$818,500
Median (Apartments)
0.8%
10yr CAGR
5.0%
36yr CAGR
59.9%
Strata %
36 years of data · 2,188 sales analysed · 2,500+ suburbs · Updated weekly

Centennial Park, NSW Property Market Overview

Centennial Park, NSW, 2021, is a prestigious suburb nestled within Sydney's eastern suburbs, known for its proximity to the expansive Centennial Parklands. AusPropertyInsights.app provides a comprehensive analysis of its property market, drawing on 36 years of data from 2,188 recorded sales.

The current median property price in Centennial Park is $840,500, reflecting a diverse property mix. Houses command a significantly higher median of $9,500,000, while apartments sit at a median of $818,500. These figures highlight the varied housing options available within this sought-after locale. The suburb's historical growth and current market position make it a subject of keen interest for property observers.

Currently undervalued
Relative to the long-term price trend line
$500K invested 10yr ago → $541,471
Based on the 10-year compound annual growth rate of 0.8%
Mixed housing60% apartments
40% of sales are houses and other non-strata properties
Loading chart...

Property Mix

40%
60%
Houses 40%$9,500,000Apartments 60%$818,500

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Centennial Park

Street Rankings

Top streets in Centennial Park, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Furber RdApartment5$857,500
2Cook RdHouse5$4,726,085
3Poate RdApartment12$855,000
4Cook RdApartment108$772,500

... and 7 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Moore Park RdHouse4$15,795/m²
2Poate RdApartment3$14,595/m²
3Cook RdApartment3$14,135/m²
4Cook RdHouse5$21,086/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Cook RdHouse+3.7%
2Lang RdHouse+11.5%
3Cook RdApartment+2.0%
4Furber RdApartment+1.4%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

112
apartment buildings analysed
#AddressSalesMedian$/m²
160 Cook Rd3$735,000$14,135/m²
219 Poate Rd3$1,460,000$14,595/m²

... and 108 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

52
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

60%
apartments across 112 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

Unlock the full Centennial Park analysis

11 streets and 112 buildings to explore

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3 street rankings
All 11 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
112 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 2,188 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Centennial Park at a Glance

Region
Eastern Suburbs
CBD Distance
4km east of Sydney CBD
Train Station
Bondi Junction Station (T4 Eastern Suburbs Line)
Council
City of Sydney
Property Character
Established residential with low to mid-density development
Community
Affluent families and professionals

Centennial Park, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Centennial Park, NSW

Living in Centennial Park offers a blend of tranquil parkside living and convenient access to Sydney's amenities. The suburb is renowned for its proximity to Centennial Parklands, providing ample opportunities for recreation, including cycling, walking, and picnics.

Families are drawn to the area due to its excellent schools, such as Sydney Boys High School and Sydney Girls High School, which are located nearby. Shopping and dining options are readily available in neighbouring suburbs like Paddington and Woollahra. The suburb's character is defined by its leafy streets, well-maintained homes, and a strong sense of community. While there isn't a train station within the suburb itself, convenient bus routes connect residents to surrounding areas, including Bondi Junction and the CBD.


Who Buys in Centennial Park?

Centennial Park attracts a diverse range of buyers, reflecting its varied property market and lifestyle appeal. The high median house price of $9,500,000 suggests the area is popular with established families and high-income earners seeking spacious homes. The significant strata percentage of 59.9% indicates a strong appeal for downsizers, young professionals, and investors looking for apartment living. The historical CAGR figures suggest a long-term appreciation potential that appeals to discerning buyers.

Market Analysis

Centennial Park's property market, according to AusPropertyInsights.app, is currently positioned below its long-term trend, indicating it's in undervalued territory.

This cycle position suggests that property prices in Centennial Park may be lower than what historical trends would indicate. This assessment is based on a comprehensive analysis of sales data and broader market indicators. Understanding this cycle position is crucial for anyone interested in the Centennial Park property market.


Is Centennial Park a Good Investment?

Centennial Park presents an interesting case for property observers, given its historical growth patterns and current market position. The suburb's full-period CAGR of 5.0% demonstrates long-term appreciation, while the 10-year CAGR of 0.8% indicates more recent subdued growth.

The current cycle position of Centennial Park being below its long-term trend suggests a potential for future growth as the market recovers. Factors driving property values in Centennial Park include its prime location adjacent to Centennial Parklands, its proximity to schools and amenities, and its established residential character. AusPropertyInsights.app provides data and analysis to help users understand these factors.


Centennial Park Market Outlook

As of early 2026, Centennial Park's property market is positioned below its long-term trend. Recent price trends indicate a market that is currently in a period of potential recovery. The suburb's underlying fundamentals, including its desirable location and strong community, continue to support long-term value. AusPropertyInsights.app will continue to monitor the market closely to provide updated analysis.

Streets & Location in Centennial Park, NSW

Centennial Park, postcode 2021, boasts a prime location adjacent to the iconic Centennial Parklands. The suburb itself contains only 11 streets in total. Among the top streets by median price are POATE RD, COOK RD, and FURBER RD, reflecting the desirability of certain locations within Centennial Park. This proximity to green space and key amenities contributes to the suburb's appeal.

Market Dynamics

Transaction patterns in Centennial Park reveal an average settlement timeframe of 52 days. This indicates a relatively standard period for property sales to finalise in the area. AusPropertyInsights.app analyses various market dynamics in Centennial Park, including indicators of investor activity. Quick-flip percentage data is currently unavailable for this suburb.

Development & Density

Centennial Park features a mix of housing types, with apartments playing a significant role in the suburb's composition. There are 112 apartment buildings within Centennial Park, contributing to a strata title percentage of 59.9%. This indicates a considerable proportion of residents living in apartment complexes. The suburb's development density reflects its location within Sydney's established eastern suburbs.

Growth & Property Mix

Historically, Centennial Park has demonstrated steady growth. Over the past 10 years, the suburb has seen a Compound Annual Growth Rate (CAGR) of 0.8%. Looking further back, the 20-year CAGR stands at 4.2%, while the full-period CAGR, encompassing the entire 36 years of data, is 5.0%. The suburb's property composition is notably mixed, with a significant proportion of apartments, as reflected in the strata percentage.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Centennial Park, NSW

What is the median property price in Centennial Park?
The current median property price in Centennial Park is $840,500, as of early 2026. This reflects a mix of housing types, with houses commanding a higher median price of $9,500,000, and apartments at $818,500.
Is Centennial Park overvalued or undervalued?
According to AusPropertyInsights.app's analysis, Centennial Park is currently below its long-term trend. This suggests the suburb is in undervalued territory, based on historical data.
How has the Centennial Park property market performed over 10 years?
Over the past 10 years, the Centennial Park property market has experienced a Compound Annual Growth Rate (CAGR) of 0.8%. This figure represents the average annual growth rate over the decade.
What percentage of Centennial Park is apartments vs houses?
Apartments comprise a significant portion of the property market in Centennial Park, with a strata title percentage of 59.9%. This indicates that over half of the properties in the suburb are apartments, compared to houses.
Where is Centennial Park in the property cycle?
AusPropertyInsights.app's data indicates that Centennial Park is currently below its long-term trend in the property cycle. This suggests the suburb is in a period of potential recovery.
What schools are near Centennial Park?
Centennial Park is conveniently located near several reputable schools, including Sydney Boys High School and Sydney Girls High School. These schools are highly regarded and contribute to the suburb's appeal for families.
What is Centennial Park like to live in?
Centennial Park offers a tranquil and leafy lifestyle, being directly adjacent to the expansive Centennial Parklands. Residents enjoy easy access to recreational activities, green spaces, and a strong sense of community.
Is Centennial Park good for families?
Centennial Park is generally considered a good area for families, due to its proximity to excellent schools and the abundance of green space provided by Centennial Parklands. While house prices are high, the suburb offers a safe and family-friendly environment.
How far is Centennial Park from Sydney CBD?
Centennial Park is located approximately 4 kilometres east of the Sydney CBD. This proximity allows for convenient access to the city's business, entertainment, and cultural hubs.
What transport options are in Centennial Park?
While Centennial Park itself does not have a train station, it is well-served by bus routes that connect residents to Bondi Junction Station on the T4 Eastern Suburbs Line. Major roads also provide easy access to surrounding suburbs and the CBD.
How does Centennial Park compare to nearby suburbs?
Compared to neighbouring suburbs like Paddington and Woollahra, Centennial Park offers a similar level of prestige and lifestyle appeal. However, Centennial Park is unique due to its direct adjacency to Centennial Parklands, which provides a significant recreational advantage.
Is Centennial Park a good first home buyer suburb?
Given the current median property price of $840,500, and the median apartment price of $818,500, Centennial Park may be challenging for first home buyers, particularly for houses. Apartments offer a more accessible entry point, but affordability remains a key consideration.
What are the best streets in Centennial Park?
Based on median property prices, some of the most desirable streets in Centennial Park include POATE RD, COOK RD, and FURBER RD. These streets are known for their prestigious homes and convenient locations.
How many properties have been sold in Centennial Park?
Over the past 36 years, there have been a total of 2,188 recorded property sales in Centennial Park. This reflects a consistent level of market activity in the suburb.
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