Proximity & Demand
A largely residential suburb and known for its racecourse, Randwick is fast becoming a point of interest for professionals and families looking for proximity to lifestyle.
Randwick is well situated for lifestlye with it’s central location between Royal Randwick Racecourse, UNSW, Prince of Wales Hospital, Centennial Parklands, Sydney Airport, Sydney CBD, the beaches to the east, many schools and multiple methods of easily accessible public transport.
Currently, realestate.com.au lists Randwick in high demand for property viewings, despite a recent decrease in numbers from the effects of Covid. Properties listed in Randwick on the website average 976 views per property. Compared with neighbouring suburbs like Darlinghurst on 564 and Bondi Junction on 287, Randwick is far ahead in the demand race. It even beats out it’s comparable markets of Kingsford on 963 views and Kensington with 962.
The suburb is made up of three primary demographic groups. 36.4% Maturing & Established IThe suburb is made up of two dominant demographic groups, Maturing & Established people at 25.6% and Independent Youth on 21.9%. Secondary on the list are Maturing Couples & Families on 10.6% and Older Independents on 10%. This breakup of demographics is partially due to the historical federation homes in the area and the owners they have attracted over decades and the nearby facilities such as hospitals and universities.
If you’re looking for a suburb with a top Sydney lifestyle, Randwick might be just the spot for you.
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