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 low vacancy rate (1.7%) signals strong demand and tight competition for apartments.
Unit prices have grown 22.5% over five years, reflecting Randwick’s premium status.
Proximity to UNSW and the hospital precinct drives steady rental demand, especially for 1–2 bedroom apartments.
Excellent walkability and public transport make car-free living viable, but parking is limited in older blocks.
Apartments near The Spot, light rail, and major parks tend to command higher prices and rental interest.
Diverse demographics — from students to downsizers — support price resilience and rental stability.
The Apartment Market in Randwick — What the Numbers Really Tell You
What we've observed in Randwick over the years is a suburb where apartment buyers face a highly competitive environment, underpinned by a low vacancy rate (1.7%) and robust price growth (5.3% over the past year, and 22.5% over five years). The median unit price sits at $1,050,000, noticeably above the Sydney average, reflecting Randwick's status as a premium address — but also suggesting that buyers here are paying for location, lifestyle, and enduring demand. Rental yields for units are moderate (3.7–3.8%), which typically appeals to buyers prioritising long-term capital growth over immediate cash flow. Tight supply and strong demand — especially from health and education workers — mean that well-presented apartments near the light rail, UNSW, or the hospital precinct rarely linger on the market. In our experience, buyers should be prepared for competitive offers and potentially stretching their budget, especially for renovated, north-facing, or park-adjacent properties.
Who Lives Here & What That Means for Apartment Demand
In our 26 years working across the Eastern Suburbs, we've seen Randwick consistently attract a diverse demographic mix. The median age of 35 and a relatively high median income ($80,000) indicate a blend of young professionals, academics, medical staff, and families. The nearby University of New South Wales and Prince of Wales Hospital act as magnets for students and healthcare workers, both of whom drive demand for apartments — particularly one- and two-bedroom layouts. We've also noticed a solid cohort of downsizers seeking walkable, low-maintenance living with access to parks and cafes. This diversity underpins rental demand and helps support price resilience even in softer markets.
Lifestyle & Transport — The Apartment Buyer's Trade-offs
Randwick offers an enviable lifestyle package: Centennial Park, Coogee Beach, and a vibrant dining scene are all within easy reach. The suburb scores highly for walkability (86/100) and public transport (85/100), with the light rail providing a direct link to the CBD in roughly 25–30 minutes. For families, the area’s school catchments (schools rating 88/100) add another layer of appeal. However, parking can be challenging in older blocks, and some heritage restrictions may limit renovation options. In our experience, apartments near The Spot, Belmore Road, and the light rail stops tend to command a premium, while those further from key amenities may offer better value — but potentially slower capital growth.
What Buyers We Work With Often Ask About Randwick
Many buyers want to know whether Randwick’s high entry price is justified, and in our opinion, the suburb’s unique combination of lifestyle, transport, and employment anchors supports ongoing demand. Some ask about the impact of student and hospital worker demand on apartment turnover — generally, this means a steady rental market, but also more competition when good stock comes up for sale.
Parking, noise, and future development are frequent concerns. We advise buyers to check strata by-laws for parking allocations and be aware of ongoing urban renewal projects, which can enhance amenity but sometimes mean construction nearby. As always, this is general information — it’s important to consider your own needs and seek tailored advice before deciding.
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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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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