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AREA REPORTS

Randwick

Suburb Profile

Randwick - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2031

house
unit

Based on its average 5-year and quarterly capital gains RANDWICK, 2031 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that RANDWICK, 2031 obtained a 6.88% growth over a ten-year period. It ranks 552nd on our list of suburbs that property investors should look into.

RANDWICK, 2031 in NSW belongs to the local government area of Randwick (C).

RANDWICK, 2031 has a capital gain of 11.81% for the past year, which is higher than average compared to its 31.38% growth within a five-year period.

With the median home price in RANDWICK sitting at $2,627,500, and the average rent at $960, property owners could potentially earn a 1.9% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in RANDWICK are low, as opposed to average gains per annum over the past five years.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,627,500 $1,004,000
GROWTH REPORT
Median Quarterly 5.1% 2.45%
Median 12 month 11.81% 10.94%
Median 3 years 11.81% 6.81%
Median 5 years 31.38% 37.53%
10 years average annual 6.88% 6.31%
Weekly media advert. rent $960 $580
Time on Market 61.3 days 58.0 days
Gross Rental Yield Percent 1.9% 3%
demographics (median values)
Total Population
25818
Weekly Household Income
1345
Household Size
2.20
demographics
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