Randwick

An assessment of population growth drivers in Randwick reveals an overall ranking slightly below national averages considering recent, and medium term trends

As of Feb 2026, the estimated population of the suburb of Randwick is around 30,315. This reflects an increase of 1,372 people since the 2021 Census, which reported a population of 28,943. The latest estimate by AreaSearch, based on examination of ERP data release from ABS in June 2024 and additional validated new addresses, is 30,224 residents. This results in a population density ratio of 5,709 persons per square kilometer, placing Randwick within the top 10% of national locations assessed by AreaSearch. The suburb's population growth since the census, at 4.7%, is competitive with its SA4 region (7.3%). Overseas migration contributed approximately 86.0% of overall population gains during recent periods.

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 released in 2022 with a base year of 2021 for areas not covered by the former data. Considering these projections, an above median population growth is expected for statistical areas across the nation, including Randwick which is projected to grow by 4,164 persons to 2041, reflecting a total increase of 13.4% over the 17 years.

AreaSearch assessment of residential development drivers sees a low level of activity in Randwick, placing the area among the bottom 25% of areas assessed nationally

Randwick recorded approximately 56 residential properties granted approval per year over the past five financial years ending June 2021. This totals an estimated 283 homes. As of July 2021197 approvals have been recorded in FY-26. The population has declined recently, but housing supply has remained adequate relative to demand, resulting in a balanced market with good buyer choice.

New properties are constructed at an average value of $857,000, indicating a focus on the premium segment. In this financial year, there have been $439.8 million in commercial approvals, suggesting strong commercial development momentum. Compared to Greater Sydney, Randwick records about three-quarters the building activity per person and ranks among the 11th percentile of areas assessed nationally, implying somewhat limited buyer options while strengthening demand for established properties. This activity is also below the national average, indicating the area's established nature and suggesting potential planning limitations. New development consists of 6.0% detached dwellings and 94.0% townhouses or apartments, reflecting a trend towards denser development to provide accessible entry options appealing to downsizers, investors, and entry-level buyers.

With around 1397 people per dwelling approval, Randwick reflects a highly mature market. According to the latest AreaSearch quarterly estimate, Randwick is expected to grow by 4073 residents through to 2041. If current construction levels persist, housing supply could lag population growth, potentially intensifying buyer competition and underpinning price growth.

Randwick has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 44 projects that could impact the area. Notable ones include Newmarket Randwick, Randwick High School Co-educational Facility Upgrade, Randwick Cultural and Community Centre, and Heffron Netball Courts Shade Structure. The following list details those most relevant.

Professional plan users can use the search below to filter and access additional projects.

Denotes AI-based impression for illustrative purposes only, not to be taken as definitive under any circumstances. Please follow links and conduct other investigations from the project's source for actual imagery. Developers and project owners wishing us to use original imagery please Contact Us and we will do so.

Employment conditions in Randwick demonstrate strong performance, ranking among the top 35% of areas assessed nationally

Randwick has a highly educated workforce. The technology sector is well-represented. The unemployment rate was 3.2% as of September 2025.

Employment growth over the past year was estimated at 3.8%. This was based on AreaSearch's aggregation of statistical area data. As of September 2025, 19,799 residents were in work. The unemployment rate was 1.0% lower than Greater Sydney's rate of 4.2%.

Workforce participation was higher at 78.2%, compared to Greater Sydney's 70.0%. According to Census responses, 56.0% of residents worked from home. However, Covid-19 lockdown impacts should be considered. The dominant employment sectors were professional & technical, health care & social assistance, and education & training. Randwick showed strong specialization in professional & technical services, with an employment share 1.4 times the regional level. Manufacturing had limited presence, with only 2.2% of residents employed in this sector compared to the regional average of 5.7%. The ratio of workers to residents was 0.6, indicating a higher level of local employment opportunities. Over the 12 months to September 2025, employment increased by 3.8%, while labour force grew by 2.9%. This resulted in a decrease in unemployment rate of 0.8 percentage points. In comparison, Greater Sydney recorded employment growth of 2.1% and an increase in unemployment of 0.2 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 provide further insight into potential future demand within Randwick. These projections suggest national employment will expand by 6.6% over five years and 13.7% over ten years. However, growth rates differ significantly between industry sectors. Applying these industry-specific projections to Randwick's employment mix suggests local employment should increase by 7.6% over five years and 15.1% over ten years. These figures are illustrative extrapolations based on national trends and do not account for localized population projections.

The economic profile demonstrates exceptional strength, placing the area among the top 10% nationally based on comprehensive AreaSearch income analysis

AreaSearch's aggregation of ATO data for financial year 2023 shows Randwick's median taxpayer income was $74,158 and average income was $120,289. Nationally, these figures place Randwick in the top percentile. In Greater Sydney, median and average incomes were $60,817 and $83,003 respectively. As of September 2025, estimated median and average incomes are approximately $80,728 and $130,947, based on Wage Price Index growth since financial year 2023. Census data reveals Randwick's household, family, and personal incomes rank between the 88th and 95th percentiles nationally. The dominant earnings bracket in Randwick is $1,500 - 2,999 per week, with 30.8% of residents (9,337 people) falling within this range. A substantial proportion, 41.1%, earn above $3,000 per week. High housing costs consume 19.2% of income in Randwick, but strong earnings place disposable income at the 83rd percentile nationally. The area's SEIFA income ranking places it in the 10th decile.

Randwick features a more urban dwelling mix with significant apartment living, with a higher proportion of rental properties than the broader region

In Randwick, as per the latest Census, 13.8% of dwellings were houses while 86.2% were other types such as semi-detached homes, apartments, and 'other' dwellings. In contrast, Sydney metropolitan area had 55.9% houses and 44.1% other dwellings. Home ownership in Randwick stood at 24.0%, with mortgaged dwellings at 24.2% and rented ones at 51.9%. The median monthly mortgage repayment was $3,000, higher than Sydney metro's average of $2,427. Median weekly rent in Randwick was $572 compared to Sydney metro's $470. Nationally, Randwick's mortgage repayments were significantly higher at $3,000 versus Australia's average of $1,863, while rents were substantially above the national figure of $375.

Randwick features high concentrations of group households and lone person households, with a lower-than-average median household size

Family households constitute 60.7% of all households, including 25.0% couples with children, 26.6% couples without children, and 7.8% single parent families. Non-family households comprise the remaining 39.3%, with lone person households at 30.7% and group households making up 8.6%. The median household size is 2.2 people, smaller than the Greater Sydney average of 2.7.

Educational achievement in Randwick places it within the top 10% nationally, reflecting strong academic performance and high qualification levels across the community

Educational attainment in Randwick is notably high with 57.2% of residents aged 15 years and above holding university qualifications. This figure exceeds the national average of 30.4% and the state average of 32.2%. The majority of these qualifications are bachelor degrees at 36.6%, followed by postgraduate qualifications at 17.1% and graduate diplomas at 3.5%. Vocational pathways account for 20.6% of qualifications among those aged 15 years and above, with advanced diplomas making up 9.5% and certificates 11.1%.

Educational participation is also high in Randwick, with 30.1% of residents currently enrolled in formal education. This includes 10.0% pursuing tertiary education, 7.8% in primary education, and 5.7% in secondary education.

Transport servicing is high compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Randwick has 153 active public transport stops offering a mix of light rail and bus services. These stops are served by 78 individual routes, collectively providing 14,283 weekly passenger trips. Transport accessibility is rated as excellent with residents typically located 112 meters from the nearest stop. Most residents commute outward due to Randwick's primarily residential nature. Car remains the dominant mode of transport at 54%, followed by walking at 16% and bus at 13%. Vehicle ownership averages 0.6 per dwelling, below the regional average.

According to the 2021 Census, a high 56.0% of residents work from home, which may reflect COVID-19 conditions. Service frequency averages 2,040 trips per day across all routes, equating to approximately 93 weekly trips per individual stop. The accompanying map shows the 100 nearest stops to the location centrepoint.

Randwick's residents boast exceedingly positive health performance metrics with very low prevalence of common health conditions across all age groups

AreaSearch's assessment shows excellent health outcomes in Randwick. Mortality rates and chronic condition prevalence are very low across all age groups. Private health cover is exceptionally high at approximately 74% of the total population (22,517 people), compared to 59.9% in Greater Sydney and a national average of 55.7%.

Mental health issues and asthma are the most common conditions, affecting 6.4% and 6.3% of residents respectively. A total of 77.3% of residents report being completely clear of medical ailments, compared to 74.6% in Greater Sydney. The area has 14.6% of residents aged 65 and over (4,425 people). Health outcomes among seniors are strong and align with national rankings for the general population.

Randwick 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's cultural diversity is notable, with 22.2% speaking a language other than English at home and 42.0% born overseas. Christianity is the primary religion, comprising 45.6%. Judaism, however, is overrepresented at 5.3%, compared to Greater Sydney's 0.8%.

The top three ancestry groups are English (23.2%), Australian (16.6%), and Irish (13.2%), significantly higher than the regional averages of 9.7%, 4.9%, and 6.1% respectively. Notably, Hungarian, French, and Russian ethnicities are overrepresented in Randwick at 0.8%, 1.2%, and 1.1% respectively, compared to their regional percentages of 0.3%, 0.5%, and 0.4%.

Randwick's population is slightly younger than the national pattern

At 36 years, Randwick's median age is nearly matching Greater Sydney's average of 37, which is modestly under the Australian median of 38. Compared to Greater Sydney, Randwick has a higher concentration of 25-34 year-olds at 21.7%, but fewer 5-14 year-olds at 8.2%. This concentration of 25-34 year-olds is well above the national average of 14.4%. Since the 2021 Census, the 15 to 24 age group has increased from 10.5% to 13.5%, while the 45 to 54 cohort has declined from 12.6% to 11.2%, and the 5-14 group has dropped from 9.3% to 8.2%. Demographic modeling suggests Randwick's age profile will evolve significantly by 2041, with the 85+ cohort showing the strongest projected growth of 93%, adding 676 residents to reach 1,404. Conversely, the 0-4 group is projected to contract by 5 residents.