Located just 8 km from Sydney's bustling CBD, Randwick offers a relaxed lifestyle filled with charm, character, and a strong sense of community. The suburb's traditional owners, the Bidjigal and Gadigal peoples of the Eora Nation, used the area for fishing and cultural activities. Randwick is one of the first local governments established after the City of Sydney and is surrounded by rich heritage and beautiful architecture. In recent years, the suburb has experienced significant growth, with ongoing developments boosting median values and rents. While previously lacking in stock, the current and planned developments in the area have helped to address this issue.
The suburb's close proximity to major attractions such as The Royal Randwick Racecourse, The Australian Golf Club, and Centennial Park makes it a highly desirable location for high-net-worth individuals and professionals. With the completion of the South East Light Rail, commuting to local universities and education facilities has never been easier. As Randwick continues to expand its infrastructure and transport, the demand for property in this pocket of Sydney is only set to increase. The projected construction of 1000 additional apartments in the next five years promises to drive employment opportunities and population growth in the area.
The median house price in Randwick is set to rise to approximately $2.3 million, with the median apartment price currently around $850,000. The strong increase in local buyers in the area is reflected by the recent surge in international visitors to Sydney. Don't miss out on the opportunity to establish yourself in this growing suburb - contact us today to find your perfect Randwick property.
With the acquisition of its Randwick office, MGM Martin has extended its first-rate real estate services into the Eastern Suburbs. Sydney Eastern Suburbs has maintained a robust demand in the real estate industry, providing residents and visitors with housing options for purchase or rental. Because the Eastern Suburbs are so close to Sydney's well-known Bondi, Coogee, Tamarama, Bronte, and Clovelly beaches, there is a strong demand for real estate.
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