Randwick

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

Based on analysis of ABS population updates for the broader area and new addresses validated by AreaSearch, as of Feb 2026, the suburb of Randwick's population is estimated at around 30,315. This reflects an increase of 1,372 people since the 2021 Census, which reported a population of 28,943. The change is inferred from AreaSearch's estimation of the resident population at 30,224 following examination of the latest ERP data release by the ABS in June 2024 and an additional 236 validated new addresses since the Census date. This level of population equates to a density ratio of 5,709 persons per square kilometer, placing Randwick in the top 10% of national locations assessed by AreaSearch. The suburb's 4.7% growth since census is within 2.6 percentage points of the SA4 region's 7.3%, indicating competitive growth fundamentals. Population growth was primarily driven by overseas migration contributing approximately 86.0% of overall population gains during recent periods.

AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with a base year of 2022. For areas not covered by this data, AreaSearch utilises NSW State Government's SA2 level projections released in 2022 with a base year of 2021. Growth rates by age group from these aggregations are applied to all areas for years 2032 to 2041. Considering projected demographic shifts, the suburb is expected to grow by 4,191 persons to 2041 based on aggregated SA2-level projections, reflecting an increase of 13.5% in total 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

AreaSearch analysis of ABS building approval numbers shows Randwick recorded around 56 residential properties granted approval per year over the past five financial years to June 2021, totalling an estimated 283 homes. As of July 2021 in FY-26199 approvals have been recorded. With population declining recently, housing supply has remained adequate relative to demand, creating a balanced market with good buyer choice. New properties are constructed at an average value of $857,000, indicating developer focus on the premium segment.

This financial year has seen $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 limited buyer options while demand for established properties strengthens. This activity is below the national average, indicating the area's established nature and potential planning limitations. New development consists of 6.0% detached dwellings and 94.0% townhouses or apartments, reflecting a trend towards denser development 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 4,100 residents through to 2041. If current construction levels persist, housing supply could lag population growth, likely 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 likely impacting the area. Key projects 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.

Randwick ranks among the top 25% of areas assessed nationally for overall employment performance

Randwick has a highly educated workforce with notable representation in the technology sector. Its unemployment rate is 3.0%, lower than Greater Sydney's 4.2%. Over the past year, employment grew by an estimated 4.1%.

As of December 2025, 19,929 residents are employed, with a local unemployment rate of 1.2% below Greater Sydney's rate. Workforce participation in Randwick is higher at 78.4%, compared to Greater Sydney's 70.2%. According to Census responses, 56.0% of residents work from home, potentially influenced by Covid-19 lockdowns. The dominant employment sectors in Randwick are professional & technical, health care & social assistance, and education & training.

The area has a strong specialization in professional & technical services, with an employment share 1.4 times the regional level. Manufacturing's presence is limited, with only 2.2% of residents employed in this sector compared to the regional average of 5.7%. The worker-to-resident ratio in Randwick is 0.6, indicating a higher-than-average level of local employment opportunities. Between December 2024 and December 2025, employment increased by 4.1% while labour force grew by 3.3%, leading to a decrease in the unemployment rate by 0.7 percentage points. In contrast, Greater Sydney saw employment growth of 2.2% and labour force growth of 2.3%, with a marginal increase in unemployment. Jobs and Skills Australia's national employment forecasts from May-25 project overall employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Randwick's employment mix suggests local employment should increase by 7.6% over five years and 15.1% over ten years, though these estimates are illustrative 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

In financial year 2023, Randwick suburb had a median income of $74,158 and an average income of $120,289 among taxpayers. Nationally, these figures place Randwick in the top percentile. Comparatively, Greater Sydney's median and average incomes were $60,817 and $83,003 respectively. By September 2025, estimated median income is approximately $80,728 and average income is around $130,947, based on an 8.86% Wage Price Index growth since financial year 2023. Census data shows Randwick's household, family, and personal incomes rank between the 88th and 95th percentiles nationally. The earnings profile reveals that 30.8% of residents (9,337 people) earn between $1,500 - 2,999 weekly, mirroring metropolitan patterns where 30.9% fall into this bracket. Notably, 41.1% of residents earn above $3,000 per week, indicating strong economic capacity in the suburb. High housing costs consume 19.2% of income, yet 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 evaluation, 13.8% of dwellings were houses while 86.2% comprised 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 $1,863 and rents 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 account for 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 constitute the remaining 39.3%, with lone person households at 30.7% and group households comprising 8.6% of the total. The median household size is 2.2 people, which is 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 higher than broader benchmarks. As of 2016, 57.2% of residents aged 15 years and over held university qualifications, compared to 30.4% nationally and 32.2% in NSW. Bachelor degrees were the most prevalent at 36.6%, followed by postgraduate qualifications (17.1%) and graduate diplomas (3.5%). Vocational pathways accounted for 20.6% of qualifications, with advanced diplomas at 9.5% and certificates at 11.1%.

Educational participation was high, with 30.1% of residents enrolled in formal education as of the 2016 Census. This included 10.0% in tertiary education, 7.8% in primary education, and 5.7% pursuing 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. Residents have excellent transport accessibility, with an average distance of 112 meters to the nearest stop. As a mainly residential area, most commutes are outward-bound. Cars remain the primary 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, 56% of residents work from home, which may be influenced by COVID-19 conditions. Service frequency averages 2,040 trips daily across all routes, equating to approximately 93 weekly trips per individual stop. The map shows the 100 nearest stops to the location's centrepoint.

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

Health outcomes data shows excellent results for Randwick according to AreaSearch's assessment. Mortality rates and chronic condition prevalence are very low across all age groups. Approximately 74% of the total population (22,517 people) has private health cover, compared to 59.9% in Greater Sydney and a national average of 55.7%.

The most common medical conditions are mental health issues affecting 6.4% of residents and asthma impacting 6.3%. 77.3% of residents declare they are completely clear of medical ailments, compared to 74.6% in Greater Sydney. Randwick has 14.8% of residents aged 65 and over (4,486 people). Health outcomes among seniors are strong, aligning 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 dominant religion, at 45.6%. However, Judaism is overrepresented in Randwick at 5.3%, compared to 0.8% across Greater Sydney.

In terms of ancestry, the top three groups are English (23.2%), Australian (16.6%), and Irish (13.2%), with Irish being substantially higher than the regional average of 6.1%. Hungarian (0.8%) French (1.2%), and Russian (1.1%) ethnicities are also notably overrepresented compared to regional averages of 0.3%, 0.5%, and 0.4% respectively.

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 slightly below Australia's median age of 38. Compared to Greater Sydney, Randwick has a higher percentage of residents aged 25-34 (21.7%) but fewer residents aged 5-14 (8.3%). This concentration of 25-34 year-olds is notably higher than the national average of 14.4%. According to the 2021 Census, Randwick's population has shifted since then; the 15 to 24 age group has increased from 10.5% to 13.5%, while the 45 to 54 cohort has decreased from 12.6% to 11.3%. By 2041, demographic modeling projects significant changes in Randwick's age profile. The 85+ cohort is expected to grow by 95%, adding 689 residents to reach a total of 1,417. In contrast, the 0 to 4 cohort is projected to grow by only 1% (an increase of 9 people).