Apartments For Sale in Randwick
Your Local Randwick Property Experts
Randwick Market Overview
$880,000
Source: CoreLogic RP Data, Domain Group
3.8%
+7.3%
1.8%
$670/week
70/100
About Apartments in Randwick
Home / Randwick Apartments For Sale in Randwick Your Local Randwick Property Experts Randwick Apartments: Key Facts at a Glance Current market data and statistics for Randwick • Last updated December 2025 Median Apartment Price $ 880,000 Source: CoreLogic RP Data Verified Dec 2025 Annual Price Growth + 7.3 % 12-month period ending Dec 2025 🔥 Strong growth Rental Yield 3.8 % Gross yield (before expenses) 📍 Moderate yield Distance to CBD 21 km 40-50 minutes by train Walk Score: 70 /100 Vacancy Rate 1.8 % Source: SQM Research Dec 2025 🔥 Very tight market Median Rent $ 670 /week For 2-bedroom apartment $ 34,840 /year Data Sources: CoreLogic RP Data, Domain Group All data is independently verified and updated monthly to ensure accuracy Last Updated: 15 December 2025 Next Review: March 2026 Randwick Market Overview Data updated November 2025 Median Apartment Price $ 880,000 Average Rental Yield 3.8 % Median Rent per Week $ 670 Suburb Growth Rate 7.3 % p.a. Rental Yield Calculator Purchase Price (AUD) Weekly Rent (AUD) Annual Expenses (AUD) Gross Yield 0.00 % Annual rent / Purchase price Net Yield 0.00 % (Annual rent - Expenses) / Purchase price Annual Rental Income $ 34,840 * This calculator provides estimates only. Actual returns may vary. Consult with a property investment advisor for personalized advice. Recent Sales in Randwick Latest apartment sales in the Randwick area Unit 1307/1 Belmore Road 2 2 1 Sold Price $915,000 15 Oct 2025 Apt 906/5 High Street 1 1 1 Sold Price $720,000 22 Oct 2025 Unit 1705/10 Botany Street 3 2 2 Sold Price $1,380,000 2 Nov 2025 Apt 1104/8 St Marks Road 2 2 1 Sold Price $900,000 10 Nov 2025 Off-Plan Projects in Randwick Upcoming developments and investment opportunities Royal Quarter Developer: Mirvac Completion: Q4 2026 $720,000 - $1,850,000 Register Interest The Spot Residences Developer: Aqualand Completion: Q2 2027 $750,000 - $1,950,000 Register Interest Living in Randwick Randwick is a vibrant eastern suburbs hub with a major hospital precinct, UNSW proximity, and excellent beach access. The suburb's strong employment base, university presence, and lifestyle amenities ensure consistent rental demand and solid capital growth. Transport & Location Light rail from Randwick to Central and Circular Quay, extensive bus services to CBD, Bondi, and Coogee, close to Eastern Distributor, 15 minutes to CBD. Lifestyle & Amenities Royal Randwick Racecourse, The Spot dining and entertainment precinct, Prince of Wales Hospital and UNSW, Centennial Park nearby, beach access to Coogee and Clovelly. Investment Opportunity Major hospital employment hub, strong student rental market from UNSW, light rail connectivity, prestige eastern suburbs location, consistent demand and solid growth. Why Randwick is Hot in 2025 Royal Quarter by Mirvac - Completion Q4 2026 - $720k-$1.85M The Spot Residences by Aqualand - Completion Q2 2027 - $750k-$1.95M Campus Living by Meriton - Completion Q1 2027 - $690k-$1.78M Ask Our AI Assistant Expert insights about randwick Is Randwick good for investment? What's the rental demand like in Randwick? How does Randwick compare to nearby suburbs? Maximise Your Randwick Investment Returns Our sister company Ding Financial specialises in property investment tax strategies, negative gearing optimization, and SMSF property acquisitions. Get expert advice on structuring your Randwick apartment investment for maximum tax efficiency. Speak to a Property Tax Specialist Thinking of Selling Your Randwick Apartment? Ding Real Estate is our licensed NSW agency with deep local expertise in Randwick . We achieve premium results through targeted marketing, off-market buyer networks, and expert negotiation. Get a free market appraisal today. Request Free Appraisal Frequently Asked Questions About Randwick Get expert answers to common questions about buying apartments in Randwick Q 1 . What is the median apartment price in Randwick? The median apartment price in Randwick is $880,000 as of Q4 2025, based on CoreLogic RP Data. This represents a +7.3% change year-over-year, making it one of the strongest growth markets in Sydney. Price Q 2 . What rental yield can I expect in Randwick? Rental yields in Randwick typically range from 3.5% to 4.1%, with a median of 3.8%. While yields are moderate, the area offers strong capital growth potential. Yield Q 3 . Is Randwick a good suburb for first home buyers? Randwick has a median price of $880,000, which is above the first home buyer sweet spot. However, it offers premium location benefits and strong long-term growth potential for those who can afford the entry price. Investment Q 4 . What is the capital growth forecast for Randwick? Based on recent trends and infrastructure investment, Randwick is forecast to achieve 6.3%-9.3% annual capital growth over the next 3-5 years. Steady growth is supported by established infrastructure and consistent demand. Investment Q 5 . How far is Randwick from Sydney CBD? Randwick is located 18km from Sydney CBD. Light rail from Randwick to Central and Circular Quay, extensive bus services to CBD, Bondi, and Coogee, close to Eastern Distributor, 15 minutes to CBD. Transport Q 6 . What are the best streets to buy in Randwick? The best streets in Randwick typically offer proximity to train stations, parks, and local shopping precincts. Look for properties within 800 meters of train/metro stations for maximum capital growth potential and rental demand. Lifestyle Q 7 . Does Randwick have good public transport? Randwick offers Light rail from Randwick to Central and Circular Quay, extensive bus services to CBD, Bondi, and Coogee, close to Eastern Distributor, 15 minutes to CBD. Transport Q 8 . What types of apartments are available in Randwick? Randwick offers a range of apartment types from premium 1-bedroom apartments from $572,000, 2-bedroom units around $880,000, and luxury 3-bedroom residences from $1,144,000+. Several off-the-plan developments are also available with flexible deposit structures. Price Q 9 . Is Randwick safe and family-friendly? Randwick is considered a safe, premium suburb with low crime rates and excellent family amenities. The area offers royal randwick racecourse, the spot dining and entertainment precinct, prince of wales hospital and unsw, centennial park nearby, beach access to coogee and clovelly.. Safety Q 10 . What are the strata fees in Randwick? Strata fees in Randwick typically range from $900 to $1,800 per quarter for a 2-bedroom apartment, depending on building amenities. Premium buildings with pools, gyms, and concierge services will have higher levies ($2,000-$3,000+ per quarter). Price Q 11 . Can I get FHBG benefits in Randwick? Properties in Randwick typically exceed the $800,000 threshold for full stamp duty exemption, but first home buyers purchasing between $800,000-$1,000,000 may still receive partial stamp duty concessions on off-the-plan purchases. Investment Q 12 . What are the school catchment zones in Randwick? Randwick is serviced by several quality schools. The area is serviced by local public primary and secondary schools, with several private school options within a short commute. Families should verify current catchment boundaries with the NSW Department of Education. Schools Information Verified: December 2025 • Sources: CoreLogic RP Data, Domain Group, NSW Property Data • Next Review: March 2026 $300M+ Settled CPA Practice Licensed Real Estate Agency Est. 2001 Interested in Randwick ? Tell us your situation and we'll send personalised Randwick insights — property, finance, and tax strategy in one conversation. Speak With a Randwick Specialist Our team has helped hundreds of buyers in Randwick. Median price: $880,000. What best describes your situation? Buying my first home Ready to start Looking for an investment Exploring options Upgrading or downsizing Planning a move Need home loan advice Finance first Thinking of selling Want an appraisal Just researching Early stage
Randwick's apartment market is underpinned by consistently strong demand from professionals, students, and medical staff.
Low vacancy rates (1.7%) mean competition for apartments is fierce — buyers need to act decisively.
Walkability and proximity to light rail, hospitals, and UNSW are key drivers of both rental and resale value.
Apartments offer higher yields than houses in Randwick, making them more attractive for some buyers.
Older apartments can offer entry-level opportunities, but due diligence on strata and building condition is vital.
The Apartment Market in Randwick — What the Numbers Really Tell You
What we've observed in Randwick over the years is a classic "blue chip suburb" story playing out in the apartment sector. With a median unit price now around $1,050,000 and annual growth averaging 5.3% (22.5% over five years), buyers are seeing both stability and steady capital gains. Importantly, the rental yield for apartments (3.7-3.8%) is higher than houses here — a pattern we've seen emerge as affordability constraints push more buyers and renters toward units. The very low vacancy rate (1.7-1.8%) signals robust demand: for buyers, this means more competition for quality apartments, especially near major hubs like the Prince of Wales Hospital and UNSW. In our experience, tight vacancy and strong clearance rates (nearly 74%) mean properties here rarely linger on the market, so buyers often need to act decisively — but also cautiously, as premium pricing can stretch budgets.
Who Lives Here & What That Means for Apartment Demand
Randwick’s population is a mix of young professionals, medical staff, academics, and students, with a median age of 35 and a healthy median income of $80,000. This demographic blend creates consistently strong demand for well-located apartments, particularly those within walking distance of the hospital precinct, UNSW, and light rail. In our experience, apartments that offer flexible layouts — suitable for flatmates, couples, or young families — tend to attract the broadest buyer pool. We also see ongoing demand from parents purchasing for children studying at UNSW, and from healthcare workers seeking proximity to their workplace. This diversity underpins both rental and resale appeal, which is worth factoring into your decision if you're thinking about long-term value.
Lifestyle & Transport — The Apartment Buyer's Trade-offs
Buyers we work with are often drawn to Randwick for its rare blend of lifestyle and connectivity. The suburb scores high on walkability (86/100), and the light rail provides a frequent, direct link to the CBD and beyond. Centennial Park, Coogee Beach, and the "Spot" dining precinct are all within easy reach, adding to the suburb’s appeal for those who value an active, social lifestyle. However, parking can be limited in some older apartment blocks, and proximity to major hospitals and the university can mean more activity and noise in certain pockets. In our experience, apartments closer to the light rail and parks tend to command a premium, while those further from main amenities may offer better value for budget-conscious buyers. Resale prospects are generally strong, but buyers should consider how factors like natural light, outlook, and building maintenance affect long-term desirability.
What Buyers We Work With Often Ask About Randwick
"Is Randwick still affordable for first-time buyers?" While entry prices have certainly risen, apartments remain a more accessible option than houses. Buyers often find that smaller, older blocks (sometimes with renovation potential) offer a foothold into the area, but competition is fierce due to the suburb’s enduring appeal.
"How does proximity to UNSW and the hospital impact apartment demand?" In our experience, these institutions are a double-edged sword: they drive year-round rental demand and underpin capital growth, but also mean higher turnover in some buildings and more transient tenant profiles. For owner-occupiers, this can affect the feel of a block.
"What about strata levies and building quality?" Buyers should be aware that some older buildings have higher ongoing costs due to maintenance, while newer developments might offer more amenities but can come with premium levies. We always recommend a careful review of strata records before committing.
This is general information based on patterns we've observed across 26 years of CPA and licensed real estate practice. It is not personal financial advice. Always seek professional guidance tailored to your circumstances.
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A tailored breakdown of Randwick's apartment market — pricing, rental yields, growth outlook, the best buildings and streets, and what to watch out for. Prepared by a team that has worked this market since 2001.
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- Which buildings and streets hold value
- Strata, aspect and floor-plan red flags to avoid
- Off-market and upcoming opportunities
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Frequently Asked Questions About Randwick
What is the median apartment price in Randwick?
What rental yield can I expect in Randwick?
Is Randwick a good suburb for first home buyers?
What is the capital growth forecast for Randwick?
How far is Randwick from Sydney CBD?
What are the best streets to buy in Randwick?
Does Randwick have good public transport?
What types of apartments are available in Randwick?
Is Randwick safe and family-friendly?
What are the strata fees in Randwick?
Can I get FHBG benefits in Randwick?
What are the school catchment zones in Randwick?
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