Randwick NSW 2031 property reports

Randwick NSW 2031

Suburb

Suburb summary

Randwick, NSW 2031 is a sought-after Eastern Suburbs suburb in Sydney, known for apartments, strong amenities and convenient CBD access. In the past 6 months, Randwick recorded 105 apartment sales with a median price of $1.24M and 23 house sales with a median price of $3.60M. The suburb has 29,986 residents, a median age of 34, median family income of $2,716 weekly, and 52% apartments versus 10% separate houses. Randwick offers light rail on the L2 line, many bus services, 25-minute public transport CBD commute, top school ratings, strong retail, and a well-established education and healthcare hub.

Pocket Price Distribution

See how house prices vary across different parts of the suburb, and where this pocket sits in the local market.

Suburb median

$3.7M

Derived from sales

House sales

92

In past 12 months

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Pocket Price Map

Pocket price distribution map preview

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Apartment projects

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PROJECTS MAP

Apartment projects map preview

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Demographic info

Median age

36 years

Renters

50%

Top 3 occupations

Professionals40%
Managers20%
Technicians and Trades Workers10%

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Living in Randwick NSW 2031: Suburb Profile & FAQs

Note: Data is sourced from the Australian Bureau of Statistics (ABS) 2021 Census data and knest.ai internal statistical data.

Is Randwick NSW 2031 a good suburb for families?

Randwick NSW 2031 is a strong suburb for families, especially for buyers who value schooling, safety and day-to-day convenience over a classic low-density family setting. The school profile is a standout, with both primary and secondary education rated 10 out of 10, and safety sits at 4 out of 5, which gives family buyers a solid base for judging schools and safety. Children are clearly part of the local mix too, with 6.03% aged 0 to 4 and 8.92% aged 5 to 14. That said, Randwick is not mainly a detached-house suburb. Only 10% of homes are separate houses, while 52% are apartments, so buyers wanting a big backyard and a quieter street feel may find the suburb more compact and competitive than outer family areas. Randwick works best for families who want strong education access, a practical Eastern Suburbs lifestyle and good amenities close at hand.

What is it like to live in Randwick NSW 2031?

Living in Randwick NSW 2031 feels established, busy and highly practical, with an urban Eastern Suburbs lifestyle that suits buyers who like having things close by. Randwick sits in the City & Eastern Suburbs region and has the feel of an education and healthcare hub, which usually translates into steady activity through the week rather than a sleepy village atmosphere. Walkability is 4 out of 5, retail is 5 out of 5 and culture is 4 out of 5, so daily errands, dining and general convenience are real strengths. Beach access is nearby rather than direct, which adds lifestyle appeal without making Randwick a beachfront suburb. The trade-off is that it is more built-up than leafy, with canopy cover at 18.43% and an Urban / Built-up setting, so buyers chasing a calm, green, quiet environment may prefer other suburbs. Randwick suits people who want lifestyle and convenience in balance.

Is Randwick NSW 2031 well connected for commuting?

Randwick NSW 2031 is well connected for commuting, particularly for buyers who are happy using light rail and buses rather than relying on a train station in the suburb itself. Randwick does not currently have train or metro service, but it does have light rail access on the L2 line and many bus services, which makes public transport a genuine strength rather than an afterthought. The average public transport commute to the Sydney CBD is about 25 minutes, while driving averages around 15 minutes, which is strong by Sydney standards. For many buyers, that makes Randwick a very credible suburb for commuters working in the city or the broader inner-east and health precincts. The trade-off is transport mode flexibility. If you strongly prefer heavy rail or want multiple fast rail interchanges nearby, Randwick is more limited than suburbs on major train lines. Still, for the right buyer, the suburb is clearly commuter-friendly.

Who does Randwick NSW 2031 suit best?

Randwick NSW 2031 suits professionals, higher-income households, and buyers who want an urban lifestyle close to major services, beaches and the CBD. The resident profile supports that clearly: 55.32% of locals are managers or professionals, the top occupation group is Professionals at 39.21%, and median weekly family income is $2,716. The median age is 34, which points to a relatively young adult population, and more than half of homes are rented at 50.67%, giving Randwick an active, mixed tenure feel rather than a tightly held purely owner-occupier one. Housing choice also shapes who buys here. With 52% apartments and only 10% separate houses, Randwick is better suited to buyers comfortable with unit living, lower-maintenance homes and a more connected urban environment. It may suit large-house family buyers less well unless their budget stretches to a scarce house market. For professionals and convenience-focused households, though, Randwick is an easy suburb to shortlist.

What are the pros and cons of living in Randwick NSW 2031?

The main trade-off in Randwick NSW 2031 is that buyers get excellent convenience and strong lifestyle access, but give up some space, greenery and traditional detached-house availability in return. On the plus side, Randwick performs well across the things many buyers use every week: walkability is 4 out of 5, retail is 5 out of 5, culture is 4 out of 5, safety is 4 out of 5, and commuting is efficient thanks to light rail, many buses and a roughly 25-minute public transport trip to the CBD. Nearby beach access also adds real lifestyle value. The compromise is that Randwick is a more urban, built-up suburb, with canopy cover at 18.43%, no train station, no metro service, and a housing mix dominated by apartments. Buyers wanting land, quiet residential character or a leafy family-house feel may notice those limitations most. Still, for buyers prioritising convenience, schools and Eastern Suburbs access, Randwick can be a very smart fit.

What are property prices like in Randwick NSW 2031?

Property prices in Randwick NSW 2031 are expensive to premium by Sydney standards, especially for houses. In the most recent six months of sales, the median house price was $3.7 million from 19 sales, while the median apartment price was $1.24 million from 91 sales. That price split tells buyers a lot about Randwick. Houses are scarce and command a substantial premium, which fits a suburb where detached homes make up only a small share of the housing stock. Apartments offer a more accessible entry point, but even unit buyers are still paying for a high-demand Eastern Suburbs location with strong schools, solid transport and good everyday amenity. The practical trade-off is straightforward: buying property in Randwick usually means accepting budget pressure in exchange for position and convenience. For buyers who want a house, competition and affordability are likely to be tougher. For apartment buyers, Randwick can still offer strong lifestyle value, but it is not a bargain market.