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Randwick

NSW

Randwick is a declining suburb in NSW with 28,943 residents.

SAL code
13325
SA2
118021569
Population
28,943
LGA
Randwick
Loading map...
Randwick suburb boundary

Randwick, NSW had 28,943 residents at the 2021 Census, with the broader statistical area showing a 1.8% decline over the last five years. The predominant age group is 25-34 years, and the median age sits at 36. Households are most often couples without children, and those with a mortgage repay a median of $3,000 a month. Around 46.8% of homes are owner-occupied, with the largest single tenure being rented at 50.5%. Most dwellings are flats or apartments, making up 69.6% of the suburb's housing stock. The suburb has 23 parks and reserves mapped within its boundary. Source: ABS Census 2021 and Estimated Resident Population, with amenity counts from state Open Data and OpenStreetMap.

Suburb analysis

Randwick, NSW at a glance

AI-generated2026-05-03

Randwick is an established eastern-suburbs Sydney suburb ~6 km south-east of the CBD in Randwick City Council, on the ridge between the eastern beaches and Centennial Park. UNSW, Prince of Wales Hospital and Royal Randwick Racecourse anchor the local economy; housing is a mix of period freestanding homes, art-deco walk-ups and a steady pipeline of newer apartments. The data tiles below cover the demographic baseline; this card adds the live market, lifestyle and council context.

For homebuyers

Randwick reads like the eastern suburbs at their most liveable: ridgeline streets, mature trees, and a mix of Federation and inter-war freestanding homes alongside art-deco apartment blocks and newer infill. The Spot precinct (Ritz Cinema, cafes along St Pauls Street) is the local heart, with Royal Randwick Shopping Centre on Belmore Road for daily needs. Coogee and Clovelly beaches are a 10-minute drive or a long walk; Centennial Park sits on the western edge. The L2 light rail to Circular Quay runs from UNSW High Street and the Royal Randwick stop, ~30 minutes to the city; bus corridors on Belmore and Anzac Parade fill in the gaps. UNSW and Prince of Wales Hospital pull thousands of students and clinicians into the area daily. State schools include Randwick Public and the new co-ed Randwick High (formed 2025 from the merged Boys' and Girls' campuses); Brigidine College and Marcellin College are the Catholic options. In short: a settled inner-eastern suburb with university, hospital and beach amenity baked in — at eastern-suburbs prices.

For investors

Randwick is a unit-skewed Sydney market with strong rents and slim yields. Median house $3.62M against $925/week rent gives ~2.05% gross yield; median unit $1.25M against $850/week is ~3.77% (Your Investment Property May 2026). 12-month unit growth +4.17%; houses +0.35% off a high base. Days-on-market 40 (houses) and 32 (units), with ~155 house and ~442 unit sales in the past 12 months — a deep, liquid unit market underpinned by UNSW + hospital tenant demand.

Strengths

  • Deep, liquid unit market (~442 unit sales in 12 months) with structural tenant demand from UNSW students and Prince of Wales Hospital staff.
  • Tight Sydney rental conditions — Greater Sydney vacancy ~1.6% (CoreLogic Q1 2026) and Randwick rents at $925/wk houses, $850/wk units (Your Investment Property May 2026).
  • Light-rail (L2) connection to Circular Quay in ~30 min, opened 2019, has lifted long-term accessibility of the corridor.
  • Established amenity base (The Spot, Coogee Beach, Centennial Park, Royal Randwick Racecourse) supports tenant retention.

Trade-offs

  • House gross yield ~2.05% (Your Investment Property May 2026) — a low-cashflow market; servicing assumes meaningful equity or income.
  • House capital growth has flattened (+0.35% YoY per Your Investment Property May 2026) off a $3.6M base — the easy-money phase is behind it.
  • High median entry prices ($3.62M houses, $1.25M units) lift transaction costs and stamp duty exposure relative to outer-metro alternatives.
  • Days-on-market (40 houses / 32 units) is longer than the Sydney metro median, so timing the sell-side matters more than in tighter sub-markets.

What's coming

Randwick City Council's 2025-26 Operational Plan commits $46.8M to capital works (up $4.7M YoY), including 2.7 km of new footpaths, 4.8 km of road upgrades, six playground rebuilds and 1,000 new street trees. The $6.3M Spot town-centre upgrade (endorsed May 2025) targets streetscape, safety and trade. Blenheim House is being converted to the city's first dedicated arts space; Malabar Memorial Hall and Malabar Ocean Pool amenities are also funded.

Bottom line

For homebuyers: a high-amenity inner-east suburb with the hospital, university and beach on the doorstep — at the price you'd expect. For investors: a unit-led liquidity and rent play, not a yield or near-term growth one.

Based on Your Investment Property May 2026 · propertyvalue.com.au + htag.com.au Randwick suburb profiles · homely.com.au + Wikipedia Randwick lifestyle profiles · Randwick City Council 2025-26 Operational Plan and Budget · Randwick City Council The Spot town centre upgrade announcement (May 2025) · claude-opus-4-7 + web search

Population

?

28,943

Suburb · Census 2021

5-Year Growth

-1.8%

3yr: +2.9% · 10yr: -6.1%

SA2 · 5yr

Household Income

$2,422/wk

Suburb · Census 2021 median

Median Age

36

Suburb · Census 2021

Socio-Economic Index

?

10/10

SA2 · least disadvantaged

Unemployment

?

2.8%

SA2 · Q4 2025

Schools

5

2 primary, 1 secondary

Hospitals

?

3

Within suburb

Childcare services

?

23

15 long day, 7 OSHC

Parks & green space

?

23

Parks, reserves

Transport stops

?

80

GTFS stops

Dwelling approvals

?

27

Randwick · Feb 2026

Median Weekly Rent

$900/wk+4.7% YoY2026 Q1
Postcode-level

Based on NSW rental bond lodgements, aggregated at postcode level. All SALs sharing this postcode show the same median.

Median House Sale Price

$3,385,000-14.3% YoY2026 Q1
House only

Source: state Valuer-General (suburb-level quarterly medians).

→ Calculate stamp duty on this suburb's median price→ Estimate mortgage repayments→ Calculate rental yield (price + median rent)

Safety & Crime

2025 Q4
13
per 1,000 residents
22%
vs prior year
Theft
152 offences

Reported incidents from NSW police. Offence rates may not reflect all crime.

Growth at a Glance

3yr: +2.9%5yr: -1.8%10yr: -6.1%Total: +5.4%

Population grew from 15,829 to 16,678 over 24 years, averaging 0.2% per year.

Schools

5 in suburb

Sector

5 public

Type

2 primary · 1 secondary

Total enrolment

2,820(4 of 5 reporting)

Avg per school

705

Centennial Park School53 students
OTHERPublic
Rainbow Street Public School454 students
PrimaryPublic
Randwick High School1,460 students
SecondaryPublic
Randwick Public School853 students
PrimaryPublic
Sydney Childrens Hospital School
OTHERPublic

Government school catchment

Intake zone

Primary

Randwick PS46.8%

  • Rainbow St PS 24.9%
  • Sth Coogee PS 15.1%
  • Coogee PS 7.0%
  • Waverley PS 5.5%
  • Clovelly PS 0.6%
  • Paddington PS 0.1%
  • Kensington PS 0.0%

Secondary

Randwick HS

Source: NSW Department of Education — School Intake Zones. Boundaries can be amended without notice; confirm with the school before relying on enrolment.

Profile

Census snapshot

ABS · 2021

Housing

Public housing 0.9%

Predominantly apartments (69.6%), rental-heavy (50.5% renting), built for families (51% are 2 bed).

Dwelling mix

Townhouses 16.3%
Apartments 69.6%
1,626 houses1,885 townhouses8,047 apartments

Tenure

Owned 23.3%
Mortgage 23.5%
Renting 50.5%

NSW 33%

Owned 23.3%Mortgage 23.5%Renting 50.5%Other / NS 2.7%

Number of bedrooms

1 bed
1,697 (14.6%)
2 bed
5,890 (50.8%)
3 bed
2,423 (20.9%)
4 bed
1,136 (9.8%)
5 bed
360 (3.1%)
6+ bed
93 (0.8%)

Bushfire risk

No mapped bushfire areas

This suburb falls outside every bushfire polygon mapped by the relevant authority. Always confirm at the property address — local conditions and unmapped overlays can still apply.

Overlap is the percentage of the suburb's land area inside the mapped bushfire polygons. Always verify the exact property address with the relevant authority before making decisions. Source when available: NSW Rural Fire Service (BFPL) and NSW DPHI EPI Flood.

Flood risk

No mapped flood areas

This suburb falls outside every flood polygon mapped by the relevant authority. Always confirm at the property address — local conditions and unmapped overlays can still apply.

Overlap is the percentage of the suburb's land area inside the mapped flood polygons. Always verify the exact property address with the relevant authority before making decisions. Source when available: NSW Rural Fire Service (BFPL) and NSW DPHI EPI Flood.

Planning zones

9 zones in suburb
Loading map...
Planning-zone polygons in Randwick
CodeZone% coveredArea
R3ZoneResidential34.8%1.85 km²
R2ZoneResidential18.8%1.00 km²
RE1ZoneRecreation17.3%0.92 km²
SP2ZoneSpecial use12.4%0.66 km²
SP1ZoneSpecial use6.9%0.37 km²
R1ZoneResidential4.0%0.21 km²
C2ZoneEnvironmental2.5%0.13 km²
E1ZoneEnvironmental1.7%0.09 km²
E2ZoneEnvironmental1.5%0.08 km²

Source: NSW DPHI EPI Land Zoning (ZONE_NSW/2026-04-29/1eccf1a530fa1be5) · As of Apr 2026. Zone boundaries are amended periodically; verify the exact property with the relevant council before relying on permitted use.

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All times in Australia/Canberra. Some series carry a 1-2 quarter publication lag from the source agency.