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Sales Activity
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Population
Randwick - North is positioned among the lower quartile of areas assessed nationally for population growth based on AreaSearch's assessment of recent, and medium term trends
Randwick - North's population is 16,720 as of Nov 2025. This reflects a growth from the 2021 Census figure of 16,206 people, an increase of 514 people (3.2%). The change was inferred from ABS estimated resident population of 16,679 in June 2024 and additional validated new addresses since the Census date. This results in a density ratio of 8,618 persons per square kilometer, placing it among the top 10% of national locations assessed by AreaSearch. Population growth was primarily driven by overseas migration contributing approximately 84.9% of overall population gains.
AreaSearch uses ABS/Geoscience Australia projections for each SA2 area released in 2024 with a base year of 2022, and NSW State Government's SA2 level projections for areas not covered, released in 2022 with a base year of 2021. Growth rates by age group are applied to all areas from 2032 to 2041. Future population projections indicate an increase just below the median of national statistical areas, with the area expected to gain 1,265 persons by 2041, a total increase of 7.3% over 17 years.
Frequently Asked Questions - Population
Development
The level of residential development activity in Randwick - North is very low in comparison to the average area assessed nationally by AreaSearch
Randwick - North averaged approximately 12 new dwelling approvals annually over the past five financial years from FY-21 to FY-25, with a total of 64 homes approved during this period. In FY-26, up until now, 44 dwellings have been approved. The average expected construction cost value for these new dwellings is $427,000, slightly higher than the regional average.
This suggests a focus on quality developments in the area. Additionally, there have been commercial approvals valued at $19.6 million this financial year, indicating moderate levels of commercial development activity. Compared to Greater Sydney, Randwick - North has significantly less development activity, with 71.0% below the regional average per person. This scarcity typically strengthens demand and prices for existing properties in the area. This is also reflected when compared nationally, suggesting possible planning constraints contributing to the lower-than-average development levels. New developments in Randwick - North consist of 22.0% detached dwellings and 78.0% townhouses or apartments, indicating a skew towards compact living options which offer affordable entry pathways for downsizers, investors, and first-time purchasers.
The location currently has approximately 2568 people per dwelling approval, demonstrating an established market with a projected resident growth of 1,224 by 2041. Should current construction levels persist without adjustment, housing supply could potentially lag behind population growth in the future, likely intensifying buyer competition and underpinning price growth.
Frequently Asked Questions - Development
Infrastructure
Randwick - North has very high levels of nearby infrastructure activity, ranking in the top 20% nationally
Infrastructure changes significantly influence an area's performance. AreaSearch identified 13 projects likely impacting the area. Notable ones are Randwick Health & Innovation Precinct, Newmarket Randwick, Randwick High School Co-educational Facility Upgrade, and The Bennett Randwick by TOGA. Below is a list of most relevant projects.
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INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Randwick Health & Innovation Precinct
Australia's largest integrated health, education and research precinct. Combines the completed Prince of Wales Hospital Acute Services Building ($870M), the UNSW Health Translation Hub ($600M, 35,600sqm translational research and education building due late 2025/early 2026), and Sydney Children's Hospital Stage 1 & Minderoo Children's Comprehensive Cancer Centre ($658M, due late 2025). Total investment exceeds $2.1 billion. Co-locates UNSW Sydney, Prince of Wales Hospital, Sydney Children's Hospital, Royal Hospital for Women, nine medical research institutes and industry partners.
Sydney Children's Hospital Stage 1 & Minderoo Children's Comprehensive Cancer Centre
A $658 million redevelopment delivering a new 12-storey children's hospital and the Minderoo Children's Comprehensive Cancer Centre, integrating world-leading clinical care, research, and education. Features include 200 beds, expanded emergency department, neurosciences centre, and advanced paediatric cancer facilities. Construction is complete, with commissioning underway and opening to patients expected in late 2025.
Randwick Cultural and Community Centre
The Randwick Cultural and Community Centre is a proposed new civic and cultural hub for Randwick. It will include a new regional library, exhibition and gallery spaces, multi-purpose creative studios, community meeting rooms, performance space, cafe and upgraded outdoor civic plaza. The project is being delivered by Randwick City Council.
Royal Randwick Racecourse - Leger Lawn Development (Winx Stand)
The Winx Stand is a two-level facility named after the champion racehorse Winx, featuring world-class hospitality areas, premium dining facilities, and spectator amenities. It includes an expansive ground floor indoor space for up to 4750 patrons with trackside access, and an upper level with indoor spaces and an open-air terrace. The stand enhances the raceday experience and serves as a venue for events and conferences.
Randwick Junction Town Centre Planning Strategy
Long-term strategic planning framework to guide growth and urban renewal in Randwick Junction over the next 20+ years. Focuses on mixed-use development, heritage conservation, improved public domain, better transport connectivity and new community spaces. The strategy was placed on public exhibition in 2024 and is currently being finalised following community feedback.
Newmarket Randwick
A comprehensive mixed-use masterplanned community by Cbus Property spanning 5.5 hectares providing 642 residential dwellings, 2,300sqm of retail dining precinct, and integrated public plaza with community facilities at the historic former Inglis Newmarket Stables site. Features multiple architectural collections including Newmarket Residences, Young & Fennelly, Jane St Terraces, and The Chiltern Collection. Stage 1 completed in 2021, Stage 2 under construction with completion due in 2025, Stage 3 under construction started in 2025.
Randwick High School Co-educational Facility Upgrade
The NSW Government is investing $42 million to upgrade Randwick Boys High School and Randwick Girls High School into a co-educational Randwick High School. The upgrade includes power supply enhancements, upgraded science labs, new fitness learning hubs, technology and applied sciences facilities, covered walkways, refurbished libraries with mezzanine levels, and more. The school transitioned to co-educational operations in Term 1 2025, with major capital works ongoing and expected to be completed by 2027.
The Bennett Randwick by TOGA
A boutique collection of 44 thoughtfully designed, oversized studio, 1, 2 and 3 bedroom apartments and hotel suites. The project, developed by TOGA, is located opposite the Prince of Wales Hospital precinct and UNSW. It includes ground floor retail and dining spaces.
Employment
Randwick - North ranks among the top 25% of areas assessed nationally for overall employment performance
Randwick - North has a highly educated workforce with significant representation in the technology sector. Its unemployment rate was 2.7% as of June 2025, which is below Greater Sydney's rate of 4.2%.
The area experienced an estimated employment growth of 3.4% over the past year. As of June 2025, 11,302 residents were in work and workforce participation was at 70%, higher than Greater Sydney's 60%. Employment is concentrated in professional & technical (at 1.4 times the regional average), health care & social assistance, and education & training sectors. Manufacturing has limited presence with only 2.2% employment compared to the regional average of 5.7%.
Over the year to June 2025, employment increased by 3.4%, while labour force grew by 2.5%, leading to a decrease in unemployment rate by 0.8 percentage points. In contrast, Greater Sydney saw an increase in unemployment rate by 0.3 percentage points despite employment rising by 2.6%. Jobs and Skills Australia's national employment forecasts from May 2025 project national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Randwick - North's employment mix suggests local growth of approximately 7.6% over five years and 15.1% over ten years, though these are simple extrapolations for illustrative purposes only.
Frequently Asked Questions - Employment
Income
The economic profile demonstrates exceptional strength, placing the area among the top 10% nationally based on comprehensive AreaSearch income analysis
Randwick - North's median income among taxpayers was $77,822 in financial year 2022. The average income stood at $126,232 during the same period. These figures are significantly higher than Greater Sydney's median and average incomes of $56,994 and $80,856 respectively. Based on Wage Price Index growth of 12.61% since financial year 2022, current estimates suggest the median income is approximately $87,635 and the average income is around $142,150 as of September 2025. Census data indicates that household, family, and personal incomes in Randwick - North rank highly nationally, between the 88th and 97th percentiles. The earnings profile shows that 31.7% of residents (5,300 people) fall into the $1,500 - 2,999 weekly income bracket, reflecting a pattern seen in the broader area where 30.9% occupy this range. Notably, 40.6% earn above $3,000 weekly, indicating prosperity that fuels local economic activity. High housing costs consume 19.3% of income, but strong earnings place disposable income at the 83rd percentile nationally. The area's SEIFA income ranking places it in the 10th decile.
Frequently Asked Questions - Income
Housing
Randwick - North features a more urban dwelling mix with significant apartment living, with a higher proportion of rental properties than the broader region
In Randwick - North, as per the latest Census evaluation, houses constituted 11.5% of dwellings while other types such as semi-detached homes, apartments, and 'other' dwellings made up 88.4%. This contrasts with Sydney metropolitan areas where houses accounted for 26.9% and other dwellings comprised 73.1%. Home ownership in Randwick - North stood at 24.2%, with mortgaged properties at 25.3% and rented dwellings at 50.5%. The median monthly mortgage repayment in the area was $3,000, lower than Sydney metro's average of $3,033. Meanwhile, median weekly rent in Randwick - North was recorded at $570, slightly higher than Sydney metro's figure of $550. Nationally, Randwick - North's mortgage repayments were significantly higher than the Australian average of $1,863, and rents were substantially above the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Randwick - North features high concentrations of group households and lone person households, with a lower-than-average median household size
Family households constitute 60.5% of all households, including 25.5% couples with children, 25.8% couples without children, and 8.0% single parent families. Non-family households account for the remaining 39.5%, with lone person households at 31.2% and group households comprising 8.2%. The median household size is 2.2 people, which is smaller than the Greater Sydney average of 2.4.
Frequently Asked Questions - Households
Local Schools & Education
Educational achievement in Randwick - North places it within the top 10% nationally, reflecting strong academic performance and high qualification levels across the community
Educational attainment in Randwick - North is significantly higher than broader benchmarks. As of the latest data, 58.4% of residents aged 15 years and above hold university qualifications, compared to 30.4% nationally and 32.2% statewide (NSW). Bachelor degrees are the most common at 37.7%, followed by postgraduate qualifications at 17.2% and graduate diplomas at 3.5%. Vocational pathways account for 21.2% of qualifications, with advanced diplomas at 9.7% and certificates at 11.5%.
Educational participation is notably high, with 28.9% of residents currently enrolled in formal education. This includes 8.7% in primary education, 8.1% in tertiary education, and 5.6% pursuing secondary education. As of the 2021 data, there are six schools operating within Randwick - North educating approximately 2,043 students. The area demonstrates significant socio-educational advantages and academic achievement, with an ICSEA score of 1136. The educational mix includes three primary schools, one secondary school, and two K-12 schools.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Public transport analysis indicates 59 active transport stops operating within Randwick - North, comprising a mix of buses. These stops are serviced by 50 individual routes, collectively providing 6,501 weekly passenger trips. Transport accessibility is rated as excellent, with residents typically located 114 meters from the nearest transport stop.
Service frequency averages 928 trips per day across all routes, equating to approximately 110 weekly trips per individual stop.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Randwick - North's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups
Health outcomes data indicates excellent results for Randwick - North, showing very low prevalence of common health conditions across all age groups. The rate of private health cover is exceptionally high at approximately 80% of the total population (13,409 people), compared to 70.6% across Greater Sydney and 55.3% nationally. The most prevalent medical conditions are asthma and mental health issues, affecting 6.5% and 6.3% of residents respectively, while 77.3% report being completely free from medical ailments, compared to 76.0% in Greater Sydney.
As of the latest data, 15.1% of residents are aged 65 years and over (2,523 people). Health outcomes among seniors align closely with those of the general population.
Frequently Asked Questions - Health
Cultural Diversity
Randwick - North was found to be more culturally diverse than the vast majority of local markets in Australia, upon assessment of a range of language and cultural background related metrics
Randwick-North has a higher cultural diversity than most local areas, with 20.6% of its population speaking languages other than English at home and 39.8% born overseas. Christianity is the predominant religion in Randwick-North, accounting for 44.4% of residents. Notably, Judaism is overrepresented compared to Greater Sydney, comprising 6.5% versus 4.4%.
The top three ancestry groups based on parents' country of birth are English (23.5%), Australian (17.4%), and Irish (13.0%). Some ethnic groups have notable divergences in representation: Russian is overrepresented at 1.2% compared to the regional average of 1.1%, Hungarian at 0.9% versus 0.6%, and Polish at 1.4% against a regional average of 1.1%.
Frequently Asked Questions - Diversity
Age
Randwick - North's population is slightly younger than the national pattern
Randwick - North has a median age of 37 years, matching Greater Sydney's figure of 37 and closely resembling Australia's median age of 38 years. The 25-34 age group is strongly represented at 21.9%, higher than Greater Sydney's percentage, while the 5-14 cohort is less prevalent at 9.0%. This concentration of individuals aged 25-34 is significantly above the national average of 14.5%. Between 2021 and present, the proportion of people aged 15 to 24 has increased from 8.4% to 10.6%, while the 5-14 cohort has decreased from 10.1% to 9.0%. Additionally, the 45-54 age group has declined from 12.7% to 11.7%. By 2041, demographic projections indicate substantial shifts in Randwick - North's age structure. Notably, the number of individuals aged 85 and above is projected to grow by 103%, reaching 894 people from an initial figure of 439. This growth reflects a broader aging population trend, with those aged 65 and above accounting for 70% of the projected demographic increase. Conversely, the populations of individuals aged 15-24 and 35-44 are expected to decrease in size.