Powered by MOMENTUM MEDIA
Randwick
AREA REPORTS

Randwick

Randwick - 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 7.52% growth over a ten-year period. It ranks 752nd 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 10.19% for the past year, which is higher than average compared to its 39.05% growth within a five-year period.

With the median home price in RANDWICK sitting at $2,920,000, and the average rent at $975, property owners could potentially earn a 1.74% 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

Randwick
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,920,000 $1,072,000
GROWTH REPORT
Median Quarterly 4.29% 4.59%
Median 12 month 10.19% 5.62%
Median 3 years 16.8% 6.16%
Median 5 years 39.05% 27.62%
10 years average annual 7.52% 5.99%
Weekly media advert. rent $975 $550
Time on Market 57.8 days 57.6 days
Gross Rental Yield Percent 1.74% 2.67%
demographics (median values)*
Total Population
34726
Weekly Household Income
2226
Household Size
2.40
Age
35
Monthly Loan Repayment
2800
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.