Randwick is an all-embracing neighbourhood that likes to mix things up. It’s not only Sydney’s premier horseracing destination, Randwick has also established its own dining and café scene that sits amidst historic and modern homes, and architecture…
Looking to live in Randwick, read the other reasons why we know you’ll love the community and want to rent or buy here…
With 29 km of beach (including Coogee and Maroubra beaches) on one side and the expansive Centennial Park on the other, Randwick is one of the most visited tourist areas outside central Sydney.
Randwick is set up to cater to the educational and medical institutions within its bounds – prestigious University of New South Wales, Prince of Wales Hospital, The Royal Hospital for Women, Prince Henry Hospital and Sydney Children’s Hospital.
Running through the centre of Randwick is Belmore Street, the main commercial hub that is well equipped with two shopping centres that are surrounded by a mix of independent and franchise stores. It’s so easy to feel at home in this all-embracing neighbourhood.
Randwick has a loyal following with families who have lived in the area for generations holding on tight to their homes, whilst young families trying to buy a rare home that comes on the market. The many apartments are home to young professionals and a transient population of students and travellers.
Founded in the 1830s, the Royal Randwick Racecourse is a Sydney institution. A weekend destination for races, Royal Randwick has head-turning fashion that gets into full swing during April for The Championships, the Australian Derby, the Doncaster and other group one races, then later for the Spring Racing carnival season.
One of two remaining original Art Deco cinemas in Sydney, The Ritz screens the latest releases and independent films. This local icon plays host to its own film festival and has special screenings for young and more mature moviegoers.
Centennial Park is known as the People’s Park, with 189 hectares of expansive green space it is one of Sydney’s gems. It’s a place to picnic or to get the heart rate pumping by cycling, jogging or horse riding. It also has a learning centre that provides year-round education programs about the environment and sustainability.
Whilst there are still some separate and semi-detached houses in Randwick, the bulk of homes are apartments. Federation homes sit aside modern townhouses and you’ll even find a high-rise apartment block or two.
Median home property prices over the last year range from $2,550,000 for houses to $960,000 for units. If you are looking for an investment property, consider houses in Randwick rent out for $950 PW with an annual rental yield of 1.9% and units rent for $550 PW with a rental yield of 3.0%. Based on five years of sales, Randwick has seen a compound growth rate of 4.8% for houses and 3.5% for units.
SOME OF OUR LOCAL FAVES
Just a few of the places the CRE team frequently visits:
Harris Farm Markets
The Hair Lab
The Bake Bar
The Dog Hotel
The Sweet Spot
The Spanish Fly
Cat and cow coffee
Bake Bar Bakery
NEED MORE INFO?
Our connection to Randwick is active, and our team has a genuine passion for the local area. We truly believe it is one of the best places in the world to buy and rent property and will do everything we can to assist you on your journey. Please call 02 9665 3341 for a chat.