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 November 2025, Randwick's population is estimated at approximately 30,274 people. This figure represents an increase of 1,331 individuals since the 2021 Census, which recorded a population of 28,943. The latest estimate is based on AreaSearch's validation of new addresses and examination of the ABS's ERP data release from June 2024, indicating a resident population of 30,224. This increase results in a population density ratio of 5,701 persons per square kilometer, placing Randwick within the top 10% of locations assessed by AreaSearch. The suburb's growth rate since the Census, at 4.6%, is within 2.1 percentage points of the state average of 6.7%. Overseas migration contributed approximately 86.0% of Randwick's 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. These projections indicate an above median population growth is expected for statistical areas across the nation until 2041. For Randwick, this translates to an estimated increase of 4,164 persons by 2041, representing a total increase of 13.6% over the 17-year period.

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 up to FY26, totalling an estimated 283 homes. By FY26197 approvals have been recorded. The population has declined recently, yet 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 saw $439.8 million in commercial approvals, showing strong commercial development momentum. Compared to Greater Sydney, Randwick records about three-quarters the building activity per person and ranks among the 11th percentile nationally, suggesting limited buyer options but strengthening demand for established properties. New development consists of 6.0% detached dwellings and 94.0% townhouses or apartments, appealing to downsizers, investors, and entry-level buyers. With around 1397 people per dwelling approval, Randwick reflects a highly mature market. By 2041, Randwick is expected to grow by 4,114 residents.

If current construction levels persist, housing supply may 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 43 projects likely to impact the area. Notable ones include Randwick Health & Innovation Precinct, Newmarket Randwick, Randwick High School Co-educational Facility Upgrade, and Randwick Cultural and Community Centre. The following list details those most relevant.

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

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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 3.1%.

Over the past year, estimated employment growth was 3.5%, according to AreaSearch's aggregation of statistical area data. As of June 2025, there are 20,226 residents employed, with an unemployment rate 1.1% lower than Greater Sydney's rate of 4.2%. Workforce participation in Randwick is 68.9%, compared to Greater Sydney's 60.0%. The dominant employment sectors among residents include professional & technical, health care & social assistance, and education & training.

Randwick has a particularly strong specialization in professional & technical services, with an employment share 1.4 times the regional level. Manufacturing, however, has limited presence with 2.2% employment compared to the regional average of 5.7%. The ratio of 0.6 workers per resident indicates above-average local employment opportunities. Over the 12 months to June 2025, employment increased by 3.5%, while labour force grew by 2.5%, leading to a decrease in unemployment rate by 0.9 percentage points. In comparison, Greater Sydney recorded employment growth of 2.6% and labour force growth of 2.9%, with an increase in unemployment rate of 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from Sep-22 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 are simple extrapolations for illustrative purposes only 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

According to AreaSearch's aggregation of ATO data released on June 30, 2022, Randwick had a median income among taxpayers of $74,158 and an average income of $120,289. These figures place Randwick in the top percentile nationally, compared to Greater Sydney's median of $56,994 and average of $80,856. Based on Wage Price Index growth from June 30, 2022 to September 2025, estimated incomes would be approximately $83,509 (median) and $135,457 (average). Census data shows that household, family, and personal incomes in Randwick rank between the 88th and 95th percentiles nationally. The earnings profile indicates that 30.8% of residents earn between $1,500 and $2,999 per week, with a substantial proportion (41.1%) earning above $3,000 per week. High housing costs consume 19.2% 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.

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, houses constituted 13.8% of dwellings while other types (semi-detached, apartments, 'other' dwellings) made up 86.2%. In contrast, Sydney metro had 26.9% houses and 73.1% 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, lower than Sydney metro's average of $3,033. The median weekly rent in Randwick was $572, compared to Sydney metro's $550. Nationally, Randwick's mortgage repayments were significantly higher than the Australian average of $1,863, and 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 account for the remaining 39.3%, with lone person households at 30.7% and group households comprising 8.6%. The median household size is 2.2 people, smaller than the Greater Sydney average of 2.4.

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. 57.2% of residents aged 15 and above hold university qualifications, compared to 30.4% nationally and 32.2% in NSW. Bachelor degrees are the most common at 36.6%, followed by postgraduate qualifications (17.1%) and graduate diplomas (3.5%). Vocational pathways account for 20.6% of qualifications, with advanced diplomas at 9.5% and certificates at 11.1%.

Educational participation is high, with 30.1% of residents currently enrolled in formal education. This includes 10.0% in tertiary education, 7.8% in primary education, and 5.7% pursuing secondary education. As of 2021, 14 schools serve 6,518 students in the area, which has significant socio-educational advantages and academic achievement (ICSEA: 1126). The educational mix includes 6 primary, 5 secondary, and 3 K-12 schools. Randwick functions as an education hub with 21.5 school places per 100 residents, significantly above the regional average of 11.1, attracting students from surrounding communities.

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

Transport analysis shows 132 operational transport stops in Randwick. These include a mix of light rail and bus services. There are 78 distinct routes serving these stops, collectively offering 11,272 weekly passenger trips.

Residents enjoy excellent transport accessibility, with an average distance of 114 meters to the nearest stop. Service frequency averages 1,610 trips daily across all routes, equating to approximately 85 weekly trips per individual stop.

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 across Randwick, with very low prevalence of common health conditions across all age groups. The rate of private health cover is exceptionally high at approximately 74% of the total population (22,487 people), compared to 70.6% across Greater Sydney and a national average of 55.3%. The most common medical conditions in the area are mental health issues and asthma, impacting 6.4 and 6.3% of residents respectively, while 77.3% declare themselves completely clear of medical ailments compared to 76.0% across Greater Sydney.

As of 2019, 14.3% of residents are aged 65 and over (4,329 people). Health outcomes among seniors are particularly strong, broadly in line with the general population's health profile.

Randwick is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics

Randwick's population shows high cultural diversity, with 22.2% speaking a language other than English at home and 42.0% born overseas. Christianity is the predominant religion in Randwick, comprising 45.6%. Judaism is notably overrepresented, making up 5.3%, compared to Greater Sydney's 4.4%.

The top three ancestry groups are English (23.2%), Australian (16.6%), and Irish (13.2%). Some ethnic groups show notable divergences: Hungarian at 0.8% (vs regional 0.6%), French at 1.2% (vs 1.5%), and Russian at 1.1% (vs 1.1%).

Randwick's population is slightly younger than the national pattern

Randwick's median age is 36 years, nearly matching Greater Sydney's average of 37 and modestly under Australia's median of 38. Compared to Greater Sydney, Randwick has a higher proportion of residents aged 25-34 (22.2%) but fewer residents aged 5-14 (8.4%). This concentration of 25-34 year-olds is well above the national average of 14.5%. According to the 2021 Census, Randwick's population aged 15-24 has grown from 10.5% to 13.4%, while the 45-54 age group has declined from 12.6% to 11.3%. By 2041, demographic modeling suggests significant changes in Randwick's age profile. The 75-84 age cohort is projected to grow by 47%, adding 733 residents to reach 2,277. Conversely, the 0-4 age group is expected to decrease by 3 residents.