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Updated March 2026

Randwick: $3.95M Median House, 373 Microburbs (mesh block-level micro-neighbourhoods), UNSW on the Doorstep

21,228 addresses split across houses ($245K to $16.3M) and units ($248K to $10.6M). Rents range from $140 to $5,293 per week. The eastern suburbs location near UNSW and Prince of Wales Hospital keeps demand constant.

Median House
$3.95M
+4.1% YoY
Median Unit
$1.87M
+2.8% YoY
Rent Range
$140-$5.3K
/week
Addresses
21,228
Randwick
Microburbs
373
Block-level data
Randwick eastern suburbs
Near Randwick, eastern suburbs. Image: Wikipedia CC

What Does Your Budget Buy in Randwick?

The $3.95M median house price hides enormous variety. Here is what each price band looks like, based on real sales.

$500K - $1.5M
Entry-level units. Studios and 1-2 bedroom apartments in older blocks near Belmore Rd or Avoca St.
$1.5M - $3M
Family units or entry-level houses. Larger apartments in newer builds or older houses needing work.
$3M - $16.3M+
Prestige houses and premium units. Large blocks near the racecourse or ocean-facing positions.
  • 4-5+ bed / 3-4 bath
  • 600-1,000+ sqm land
  • Recent: 59 Hendy Ave $3.3M (4b/3ba/2g)
Layer:
373 microburbs mapped. Houses: $245K to $16.3M. Units: $248K to $10.6M. Report includes: vacancy, days on market, yield. Crime, schools, and growth data coming soon. Full Randwick report
Get the full Randwick report from $49 See an example report for Belmont North or Bondi

Randwick Has Three Distinct Micro-Markets

Within Randwick suburb itself, prices vary block by block. Three distinct pockets emerge from the data.

Randwick Central (Belmore Rd and Racecourse)

The commercial heart around Belmore Rd and the Royal Randwick Racecourse. Mix of houses ($3M-$5M) and unit blocks. Close to Prince of Wales Hospital and the light rail. Most active sales volume.

Western Randwick (near UNSW)

Proximity to UNSW drives rental demand. Higher density, more units. Entry prices from $500K for studios. Gross yields above 4% in some blocks. Investor-heavy with renter shares above 50%.

Quiet Residential Streets

Tree-lined streets away from the main roads. Family houses from $3M. Lower density, lower turnover. Strong capital growth over time compared to nearby Kingsford or Kensington.

Street-Level Median Prices (Current)

Current median price by street from our valuation model. Randwick has hundreds of streets. Showing a sample across price bands.

StreetCurrent MedianTypeTotal SalesTrend
Bream St$8.2MHouse42
Hendy Ave$4.1MHouse68
Arthur St$3.2MHouse85
Belmore Rd$2.1MUnit312
The Avenue$1.6MUnit94
Anzac Pde$890KUnit248

Hundreds more streets available in the full Randwick report, including every street with current medians and trends.

Confirmed Sales (to March 2026)

AddressSale PriceAVM Valuevs ValuationBed/Bath/GarLandDate
59 Hendy Ave$3,300,000$3,300,000~match4/3/2--Jan 2026
25 Arthur St$2,370,000$2,370,000~match3/1/--245sqmFeb 2026
Unit 700, 65-71 Belmore Rd$1,910,000$1,910,000~match3/2/2--Mar 2026
Unit 6, 7 The Avenue$1,227,500$1,230,000~match2/1/1--Dec 2025
Unit 5F, 16 Bligh Pl$627,000$630,000~match1/1/1--Nov 2025
Unit 609, 65-71 Belmore Rd$530,000$530,000~matchstudio/1/1--Oct 2025

59 Hendy Ave at $3.3M is the highest sale in this sample. Prices range from $530K for a studio to $3.3M for a 4-bed house. More sales in the full report.

Currently For Sale (2025-2026)

AddressGuideOur ValuationBed/Bath/GarAgentListed
5 Lion St$5,300,000$5.4M4/3/1Ray White Eastern Beaches29 Sep 2025
Unit 21, 57-61 Market St$1,750,000$1.78M2/2/1Ray White Eastern Beaches7 Oct 2025
Unit 1, 9 Hooper St$1,400,000$1.42M2/1/1Olsen Romano17 Oct 2025
Unit 12, 109 Clovelly RdGuide $645,000$660K1/1/--McGrath Coogee9 Feb 2026
Unit 4, 19 Cook StContact Agent$2.1M3/2/2Sotheby's Double Bay13 Jan 2026

5 listings shown. Blurred valuations are in the report ($49). 1 shown free as example. See all Randwick properties.

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Price and Sales

MetricRandwickSydney
Median house$3.95M$1.47M
Median unit$1.87M$750K
Price range (house)$245K-$16.3M--
Price range (unit)$248K-$10.6M--

Rental Market

MetricRandwickSydney
Rent range$140-$5,293/wk--
Gross yield (unit)3.2%2.8%
Addresses21,228--
Microburbs373--

UNSW, Light Rail, and Hospital Drive Constant Demand

UNSW enrols over 65,000 students. The Randwick Health Campus (Prince of Wales, Royal Hospital for Women, Sydney Children's Hospital) employs thousands. The CBD and South East Light Rail connects Randwick to Circular Quay in 25 minutes.

The Randwick Racecourse precinct is undergoing a long-term redevelopment with new residential, retail, and community spaces. High-density development in neighbouring suburbs is adding supply but also drawing new residents to the area.

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Risk Assessment

Moderate
Flood Risk
Coastal and low-lying areas
Low
Bushfire Risk
Urban, minimal bushland
Moderate
Affordability Concentration
Scattered pockets

Coastal erosion risk affects some nearby coastal addresses. Affordable housing exists in scattered pockets within Randwick. The full report maps affordability concentration for every block.

Randwick vs Neighbours

SuburbCityMedian HouseMedian UnitKey Feature
RandwickSydney$3.95M$1.87MRacecourse, hospital, light rail
CoogeeSydney$4.5M$1.4MBeach lifestyle, coastal walk
KensingtonSydney$3.1M$950KUNSW adjacent, light rail
KingsfordSydney$2.8M$850KStudent rental, Anzac Pde
MaroubraSydney$3.2M$1.1MBeach, larger blocks, value
ClovellySydney$4.8M$1.6MRockpool, tightly held

Compared to nearby Coogee and Clovelly, Randwick is more affordable. Kingsford is the value entry point at $2.8M for houses, $850K for units. See how Randwick compares in the full report.

Common Questions About Randwick Real Estate

What properties are currently for sale in Randwick?
There are regularly 50+ properties listed in Randwick, from $530K studios on Belmore Rd to $5.3M houses like 5 Lion St. See all listings in the Randwick suburb report.
What are the best streets in Randwick?
Hendy Ave ($4.1M median) for family houses near the racecourse. Arthur St for solid mid-range houses. Belmore Rd for walkable unit living. The Avenue for well-priced units. See all streets in the full report.
Is Randwick a good investment?
Randwick offers both capital growth (houses near the racecourse) and yield (UNSW-adjacent units at 4%+ gross). Rental demand is underpinned by the university, hospital, and eastern suburbs location. The light rail has improved connectivity.
How does UNSW affect property prices?
UNSW drives rental demand for 1-2 bed units within walking distance. This keeps vacancy rates low and supports investor returns. Blocks closest to the university have higher density and lower prices than the eastern side of Randwick. During semester breaks, short-term rental vacancies can spike.
How does Randwick compare to nearby Coogee?
Compared to nearby Coogee, Randwick offers better value. Coogee commands a $500K+ premium for houses due to the beach. Randwick has the same hospital and light rail access. For units, the gap is smaller.
Is there flood or coastal erosion risk?
Moderate flood risk in low-lying areas of Randwick. Bushfire risk is low across the suburb. The full report maps flood risk at block level.

Explore More About Randwick

Every topic below has its own block-level analysis for Randwick. Click to see the full breakdown.

Search Other Suburbs

Compare Randwick to: Coogee | Kensington | Kingsford | Maroubra | Clovelly | Bondi | Bronte

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