Randwick, NSW

UNDERVALUED

25,150 sales · 36 years of data · NSW, Australia

$1,400,000
Median (All)
$3,635,000
Median (Houses)
$1,255,750
Median (Apartments)
4.9%
10yr CAGR
5.9%
36yr CAGR
52.9%
Strata %
36 years of data · 25,150 sales analysed · 2,500+ suburbs · Updated weekly

Randwick, NSW Property Market Overview

Randwick, NSW 2031, nestled in Sydney's Eastern Suburbs, boasts a well-established property market with a rich history. With 36 years of recorded data and a staggering 25,150 total sales, Randwick provides a comprehensive dataset for property market analysis. The current median property price across all types sits at $1,400,000, reflecting its desirable location and diverse housing options.

Randwick is known for its blend of houses and apartments, catering to a wide range of residents. The median house price currently stands at $3,635,000, while apartments have a median of $1,255,750. These figures highlight the varied opportunities within the Randwick property landscape. The suburb's consistent growth over the long term makes it a noteworthy area for observation.

Currently undervalued
Relative to the long-term price trend line
$500K invested 10yr ago → $806,724
Based on the 10-year compound annual growth rate of 4.9%
Mixed housing53% apartments
47% of sales are houses and other non-strata properties
Loading chart...

Property Mix

47%
53%
Houses 47%$3,635,000Apartments 53%$1,255,750

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 Randwick

Street Rankings

Top streets in Randwick, NSW by median sale price

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

#StreetTypeSalesMedian Price
1Fern StHouse6$3,846,250
2Earl StHouse5$3,800,000
3Hooper StHouse9$3,525,000
4Rainbow StHouse6$3,505,000

... and 269 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
1Jane StHouse4$21,287/m²
2Howard StApartment8$16,456/m²
3Park AveApartment4$18,650/m²
4Creer StApartment8$75,221/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
1Coogee StHouse+12.2%
2Fern StHouse+8.8%
3Monmouth StHouse+8.2%
4Dolphin StApartment+10.4%

... 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

353
apartment buildings analysed
#AddressSalesMedian$/m²
157 Church St13$1,995,000$14,510/m²
28 Yarraman Ave5$2,165,000$14,323/m²
321 Creer St5$6,200,000$77,500/m²
412 Pitt St6$6,900,000$81,711/m²

... and 349 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

56
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

53%
apartments across 353 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

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273 streets and 353 buildings to explore

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3 street rankings
All 273 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
353 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 25,150 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Randwick at a Glance

Region
Eastern Suburbs
CBD Distance
6km east of Sydney CBD
Train Station
Randwick Light Rail Station (L2 Randwick Line)
Council
Randwick City Council
Property Character
Established residential with medium-density development
Community
Families, young professionals, and downsizers

Randwick, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Randwick, NSW

Randwick offers a vibrant and convenient lifestyle, making it a highly desirable suburb in Sydney's Eastern Suburbs. The suburb is home to several excellent schools, including Randwick Public School and Randwick Girls' High School, making it attractive for families. The nearby University of New South Wales also contributes to the area's vibrant atmosphere.

Randwick is well-connected, with easy access to the city via bus routes and the light rail. The suburb boasts excellent shopping options, including Royal Randwick Shopping Centre and a variety of local shops and cafes along Belmore Road. Centennial Park and Coogee Beach are also within easy reach, providing ample opportunities for recreation and relaxation. Randwick's community is diverse and welcoming, creating a strong sense of belonging.

Living in Randwick means enjoying a blend of urban convenience and coastal charm. From morning coffee at a local cafe to an afternoon stroll along Coogee Beach, Randwick offers a lifestyle that appeals to a wide range of residents.


Who Buys in Randwick?

Randwick attracts a diverse range of buyers, reflecting its varied housing options and lifestyle appeal. The suburb's high percentage of strata titled properties (52.9%) suggests a strong presence of apartment dwellers, including young professionals, first home buyers, and downsizers. The median apartment price of $1,255,750 makes it an accessible entry point for many buyers.

Families are also drawn to Randwick, attracted by its excellent schools and proximity to parks and beaches. The higher median house price of $3,635,000 indicates a market for established families seeking larger properties. The historical CAGR figures of 4.9% to 5.9% also appeal to long-term investors seeking stable growth.

Market Analysis

Randwick's property market, as of early 2026, is currently positioned below its long-term trend, indicating undervalued territory. This cycle position suggests that property prices in Randwick may be lower than what historical trends would predict. A detailed analysis of market indicators reveals this positioning, offering valuable insights for understanding the current dynamics.

Understanding Randwick's position in the property cycle is crucial for assessing its potential. While being below its long-term trend doesn't guarantee future performance, it provides a context for evaluating current market conditions. Further investigation into local economic factors and buyer sentiment can help paint a more complete picture of Randwick's market trajectory.


Is Randwick a Good Investment?

Randwick's historical growth patterns and current market position present a compelling case for property market observation. The suburb's long-term CAGR of 5.9% demonstrates its consistent appreciation over the past 36 years. Even over shorter periods, such as the 10-year and 20-year CAGRs of 4.9% and 5.4% respectively, Randwick has shown solid growth.

The fact that Randwick, as of early 2026, is below its long-term trend (undervalued territory) offers a unique perspective. While historical performance is not indicative of future results, this cycle position coupled with Randwick's strong fundamentals suggests potential for future growth. Understanding the factors that drive property values in Randwick, such as its location, amenities, and housing mix, is crucial for assessing its long-term prospects. These factors contribute to Randwick's desirability and underpin its property market.


Randwick Market Outlook

Randwick's property market, as of early 2026, is currently positioned below its long-term trend. Recent price trends suggest a period of potential value, but further monitoring of market indicators is essential. The suburb's fundamentals remain strong, supported by its desirable location and established community.

Understanding Randwick's cycle position is crucial for assessing its potential trajectory. While the market is currently below its long-term trend, various factors could influence future performance. Monitoring buyer sentiment, economic conditions, and local developments will provide a more comprehensive outlook for Randwick's property market.

Streets & Location in Randwick, NSW

Randwick, postcode 2031, is home to 273 streets, each contributing to the suburb's unique character. Certain streets in Randwick command higher median prices, including Rainbow Street, Earl Street, and Hooper Street. These streets are highly sought after due to their location, amenities, and property characteristics.

Randwick's location within Sydney's Eastern Suburbs contributes to its desirability. Its proximity to beaches, parks, and the city centre makes it an attractive place to live. The suburb's varied streetscapes offer a range of property styles, from traditional houses to modern apartments.

Market Dynamics

Market transactions in Randwick demonstrate a relatively efficient settlement process. The average settlement time for properties in Randwick is 56 days. This timeframe indicates a smooth and predictable transaction process for both buyers and sellers.

Investor activity plays a role in Randwick's market dynamics. However, quick-flip data is currently unavailable, precluding assessment of short-term trading patterns. Further analysis of buyer demographics and investment strategies would provide a more complete understanding of market activity in Randwick.

Development & Density

Randwick exhibits a mix of housing types, reflecting its established residential character. The suburb is home to 353 apartment buildings, indicating a significant proportion of high and medium-density housing. This density contributes to Randwick's vibrant community and diverse housing options.

The prevalence of apartment buildings in Randwick reflects a trend towards increased density in inner-city suburbs. This development pattern caters to a range of lifestyles, from young professionals to downsizers. Understanding the housing composition is essential for analysing Randwick's property market.

Growth & Property Mix

Randwick has demonstrated consistent growth in property values over the long term. The suburb's 10-year Compound Annual Growth Rate (CAGR) stands at 4.9%, while the 20-year CAGR is slightly higher at 5.4%. Over the entire 36-year period of recorded data, Randwick has achieved a CAGR of 5.9%. This historical performance illustrates the suburb's long-term appreciation.

The property mix in Randwick is diverse, with apartments comprising a significant portion of the market. Strata titled properties (apartments) account for 52.9% of the total property stock. This mix of housing types contributes to the varied price points and investment opportunities available in Randwick.

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 Randwick, NSW

What is the median property price in Randwick?
The current median property price in Randwick across all property types is $1,400,000. For houses, the median price is $3,635,000, while apartments have a median price of $1,255,750 as of early 2026.
Is Randwick overvalued or undervalued?
As of early 2026, Randwick's property market is currently positioned below its long-term trend, indicating undervalued territory. This suggests that property prices may be lower than what historical trends would predict.
How has the Randwick property market performed over 10 years?
Over the past 10 years, Randwick's property market has shown consistent growth, with a Compound Annual Growth Rate (CAGR) of 4.9%. This figure reflects the average annual growth in property values over that period.
What percentage of Randwick is apartments vs houses?
Apartments constitute a significant portion of the property market in Randwick. Strata titled properties, which are primarily apartments, account for 52.9% of the total property stock in the suburb.
Where is Randwick in the property cycle?
As of early 2026, Randwick is currently positioned below its long-term trend. This placement provides a context for understanding the current market dynamics in the suburb.
What schools are near Randwick?
Randwick is home to several reputable schools, including Randwick Public School and Randwick Girls' High School. The suburb is also close to the University of New South Wales, making it an attractive location for families and students.
What is Randwick like to live in?
Randwick offers a vibrant and convenient lifestyle, with a mix of urban amenities and coastal charm. Residents enjoy easy access to beaches, parks, shopping centres, and a diverse range of restaurants and cafes. The suburb also boasts a strong sense of community.
Is Randwick good for families?
Randwick is a popular choice for families due to its excellent schools, parks, and proximity to beaches. The suburb offers a range of housing options, including houses and apartments, catering to different family sizes and budgets. Its safe and friendly atmosphere also contributes to its appeal.
How far is Randwick from Sydney CBD?
Randwick is located approximately 6 kilometres east of the Sydney CBD. It is easily accessible by bus, light rail, and car, making it a convenient location for commuting to the city.
What transport options are in Randwick?
Randwick offers a variety of transport options, including bus routes, the L2 Randwick Line light rail, and major roads such as Anzac Parade. These options provide convenient access to the city, beaches, and other parts of Sydney.
How does Randwick compare to nearby suburbs?
Compared to nearby suburbs like Coogee and Kensington, Randwick offers a mix of housing options and price points. Median property prices in Randwick are generally competitive, reflecting its desirability and convenient location. Each suburb possesses unique characteristics.
Is Randwick a good first home buyer suburb?
Randwick presents potential opportunities for first home buyers, particularly with its apartment options. The median apartment price offers a relatively accessible entry point compared to houses. Considering the suburb's growth history and location, it's worth investigating for prospective first-time buyers.
What are the best streets in Randwick?
While "best" is subjective, streets like Rainbow Street, Earl Street, and Hooper Street in Randwick are known for commanding higher median prices. These streets often feature desirable amenities and locations, contributing to their higher value.
How many properties have been sold in Randwick?
Over the past 36 years, a total of 25,150 properties have been sold in Randwick. This extensive sales history provides a comprehensive dataset for analysing the suburb's property market trends.
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