Randwick NSW 2031 — House Prices, Rent & Suburb Profile
Randwick is a suburb in New South Wales (postcode 2031). The median sale price is $1.32M (+118% since 2012). The median weekly rent is $925/week, a gross rental yield of about 3.6%. It has a population of about 28,943 (ABS Census 2021).
Median sale price trend
| Year | Median sale price |
|---|---|
| 2021 | $1,360,000 |
| 2022 | $1,210,000 |
| 2023 | $1,242,500 |
| 2024 | $1,350,000 |
| 2025 | $1,357,000 |
| 2026 | $1,325,000 |
Source: NSW Valuer General bulk property sales. Medians shown only where there are enough sales.
Median weekly rent by bedrooms
| Bedrooms | Median weekly rent |
|---|---|
| 1-bedroom | $800 |
| 2-bedroom | $935 |
| 3-bedroom | $1,420 |
Postcode-level median (all property types). Source: NSW DCJ rental bonds.
Housing mix
Predominantly apartment (48% of recorded sales).
Demographics (ABS Census 2021)
- Population: 28,943
- Median age: 36
- Median weekly household income: $2,422
- Average household size: 2.2
Socio-economic profile (ABS SEIFA 2021)
- IRSAD (relative advantage/disadvantage): score 1149 · 99th percentile in Australia
- IEO (education & occupation): score 1160 · 99th percentile
Higher score = relatively more advantaged. This is a socio-economic index, not a measure of school or teaching quality. Source: ABS SEIFA 2021 (CC BY).
Schools in Randwick
- Randwick High School · Secondary School
- Randwick Public School · Primary School
- Rainbow Street Public School · Primary School
- Centennial Park School · Schools for Specific Purposes
- Sydney Childrens Hospital School · Schools for Specific Purposes
Schools located within the suburb boundary. For catchments and results, see the official My School / NSW sources.
Transport
Nearest station: Randwick Light Rail (lightrail), about 0.2 km from the suburb centre.
Land value
Median land value: $2,800,000 (2025 base year). This is land value, not market sale price. Source: NSW Valuer General (CC BY).
Frequently asked questions
What is the median house price in Randwick?
The median sale price in Randwick NSW 2031 is $1,325,000, up 118% since 2012. Based on NSW Valuer General sales data.
What is the average weekly rent in Randwick?
The median weekly rent in Randwick (postcode 2031) is $925 per week. Source: NSW DCJ rental bonds.
What is the rental yield in Randwick?
The estimated gross rental yield in Randwick is about 3.6%, based on the median weekly rent relative to the median sale price.
What schools are in Randwick?
Schools located in Randwick include Randwick High School, Randwick Public School, Rainbow Street Public School, Centennial Park School, Sydney Childrens Hospital School.
Nearby suburbs
- Centennial Park 2021
- Clovelly 2031
- Coogee 2034
- Kingsford 2032
- Kensington 2033
- Maroubra 2035
- Waverley 2024
- South Coogee 2034
Explore house prices & rent in suburbs near Randwick. Browse all NSW suburbs →
Prices, rents, school zones, land values and zoning across NSW.
Data: NSW Valuer General (sales & land value), NSW DCJ (rents), ABS Census & SEIFA 2021, TfNSW (transport). Figures are medians and estimates for general information only, not valuations or advice.