The Evolution Of Randwick

28 Jan 2022

The past decade has seen Randwick transform from a university town and municipal hub into a thriving suburb with a series of village-like neighbourhoods that make up the east’s most diverse suburb. Massive infrastructure upgrades have seen the light rail make Randwick even more connected than ever and the new $1.5bn development of the UNSW campus and hospital precinct serves as magnet for innovation and a centre of health. In less than two years, Newmarket has established itself as one of the suburb’s hottest destinations with a thriving eat street anchored by the Mediterranean-style Sella Vinoteca and home to an amazing interactive adventure playground at Inglis Park. All of this growth has led to Randwick’s median house price increasing by over 20% last year as reported by Domain and is set to continue on an upward cycle.

Our Randwick specialist Daniel Cachia says, “Randwick has always held broad appeal for buyers thanks to its proximity to Centennial Park and Coogee Beach. From the Federation homes fronting Queens Park to the boutique Art Deco flats flanking the town centre and some fine examples of the perennial family favourite, the Californian bungalow, there really is something for everyone. The village hubs along Frenchmans Road and The Spot are popular with families who want to live local and shop local and Randwick is known for its great schools including Randwick Public School, St Margaret Mary’s Catholic Primary, Brigidine College, Marcellin College and Emanuel School.”

We currently have 14 properties on the market including a great entry opportunity with a guide of $875,000 at 2/32A Prince Street, Randwick which is a renovated two-bedroom apartment in a revamped boutique block just 600m to Belmore Road shops and 300m to the light rail.

Families looking for a beach-fresh home that’s ready to move straight in should check out 208 Rainbow Street, Randwick which is just a couple of doors down from Bangor Park and opens out to a north facing backyard that’s dedicated to fun with a sparkling pool as centrepiece. On the other side of Bangor Park, in a leafy cul-de-sac renowned for its community feel, 18 Creer Street, Randwick is a contemporary two-storey home in a fantastic spot with four big bedrooms on one level and whole-floor living space opening to a child-friendly garden.

At the Coogee end of Randwick, 10 Farnham Avenue, Randwick is one of only a handful of homes in a tucked-away enclave between the town centre and the beach. The freestanding Californian bungalow opens out to a tropical north facing garden on a quiet cul-de-sac making it a great choice for families looking for space and room to grow with potential for a second storey addition (STCA). For more information on these properties or any other of his Randwick listings, please give Daniel a call on 0419 472 029.

This week the sales team secured seven sales with an average price of $2.5m and listed 24 new properties. Check out the full details of our listings below and please don’t hesitate to reach out if you’d like any further information. Take care, stay safe and keep connected.