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 May 2026, the estimated population of the suburb of Randwick is around 30,388, reflecting a 5.0% increase since the 2021 Census which reported a population of 28,943. This growth is inferred from AreaSearch's estimation of the resident population at 30,350 following examination of the latest ERP data release by the ABS in June 2025 and an additional 233 validated new addresses since the Census date. The population density ratio stands at 5,722 persons per square kilometer, placing Randwick within the top 10% nationally according to AreaSearch. Overseas migration contributed approximately 86.0% of overall population gains during recent periods. Based on ABS/Geoscience Australia projections 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, the suburb is projected to grow by 3,769 persons to 2041, reflecting an increase of 12.3% over the 16 years.

AreaSearch is adopting ABS/Geoscience Australia projections for each SA2 area, as released in 2024 with 2022 as the base year. For any SA2 areas not covered by this data, AreaSearch is utilising the NSW State Government's SA2 level projections, as released in 2022 with 2021 as the base year. Growth rates by age group from these aggregations are also applied to all areas for years 2032 to 2041. Considering the projected demographic shifts, an above median population growth of statistical areas across the nation is projected, with the area expected to grow by 3,769 persons to 2041 based on aggregated SA2-level projections, reflecting with an increase of 12.3% in total over the 16 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 5 financial years ending FY26, totalling an estimated 283 homes. As of FY26201 approvals have been recorded. The population has declined in recent years but 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 a focus on the premium segment.

There have also been $439.8 million in commercial approvals this financial year, 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 strengthening demand for established properties. This activity is under 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 toward denser development that appeals to downsizers, investors, and entry-level buyers. Randwick reflects a highly mature market with around 1397 people per dwelling approval.

According to the latest AreaSearch quarterly estimate, Randwick is expected to grow by 3,731 residents through to 2041. Should 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 identified 43 projects that may impact this region. Notable ones include Newmarket Randwick, Randwick High School Co-educational Facility Upgrade, Heffron Netball Courts Shade Structure, and Randwick Cultural and Community Centre. The following list details those most likely to be 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. The technology sector stands out in terms of representation. Its unemployment rate is 3.0%.

Employment growth over the past year is estimated at 4.1%, according to AreaSearch's aggregation of statistical area data. As of December 2025, 19,929 residents are employed, with an unemployment rate of 1.2% below Greater Sydney's rate of 4.2%. Workforce participation in Randwick is 77.8%, compared to Greater Sydney's 68.8%. Census responses show that 56.0% of residents work from home, but Covid-19 lockdown impacts should be considered.

The dominant employment sectors are professional & technical, health care & social assistance, and education & training. Randwick has a strong specialization in professional & technical services, with an employment share 1.4 times the regional level. Manufacturing has limited presence, with 2.2% employment compared to 5.7% regionally. The ratio of workers to residents is 0.6, indicating local employment opportunities above the norm. Over the 12 months to December 2025, employment increased by 4.1%, while labour force grew by 3.3%, causing a fall in unemployment rate of 0.7 percentage points. By comparison, Greater Sydney recorded employment growth of 2.2% and labour force growth of 2.3%, with a marginal rise in unemployment. Jobs and Skills Australia's national employment forecasts from May-25 offer further insight into potential future demand within Randwick. These projections suggest that national employment should expand by 6.6% over five years and 13.7% over ten years, but 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, though this is a simple weighting extrapolation for illustrative purposes and does 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 had a median taxpayer income 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 $60,817 and average of $83,023. Considering a 10.32% growth in wages from financial year 2023 to March 2026, estimated incomes would be approximately $81,811 (median) and $132,703 (average). Census data ranks Randwick's household, family, and personal incomes between the 88th and 95th percentiles nationally. The earnings profile shows that 30.8% of residents (9,359 people) earn between $1,500 and $2,999 weekly, similar to the metropolitan region's 30.9%. Notably, 41.1% of residents earn above $3,000 weekly, indicating strong economic capacity. 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, 13.8% of dwellings were houses while 86.2% consisted of semi-detached homes, apartments, and other types. This contrasts with Sydney metro's figures of 55.9% houses and 44.1% other dwellings. Home ownership in Randwick stood at 24.0%, with mortgaged properties at 24.2% and rented dwellings at 51.9%. The median monthly mortgage repayment was $3,000, higher than the Sydney metro average of $2,427. The median weekly rent in Randwick was $572, compared to Sydney metro's $470. Nationally, Randwick's mortgage repayments were significantly higher than the Australian average of $1,863, with 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 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 making up 30.7% and group households comprising 8.6%. 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 notable, with 57.2% of residents aged 15 and above holding university qualifications as of 2021 data. This compares to national figures of 30.4% for Australia and 32.2% for New South Wales. Bachelor degrees are the most common at 36.6%, followed by postgraduate qualifications at 17.1% and graduate diplomas at 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 as of the latest available data. This includes 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 that collectively facilitate 14,283 weekly passenger trips. Transport accessibility is rated 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. An accompanying map displays 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 across Randwick, based on AreaSearch's assessment of mortality rates and chronic condition prevalence, indicating a 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 (22,572 people), compared to 59.9% across Greater Sydney and the national average of 55.7%. The most prevalent medical conditions in the area are mental health issues and asthma, affecting 6.4 and 6.3% of residents respectively, while 77.3% of residents declare themselves completely clear of medical ailments, compared to 74.6% across Greater Sydney.

The area has 14.2% of residents aged 65 and over (4,315 people), which is lower than the 15.5% in Greater Sydney. Health outcomes among seniors are particularly strong, with national rankings broadly in line with 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 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, accounting for 45.6% of its population. Judaism is notably overrepresented in Randwick compared to Greater Sydney, comprising 5.3% versus 0.8%.

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

Randwick's population is slightly younger than the national pattern

Randwick's median age was 35 years as of a certain date, slightly younger than Greater Sydney's 37 and the national average of 38 years. The 25-34 age group constituted 22.7% of Randwick's population at that time, higher than Greater Sydney's percentage but lower than the national average of 14.6%. The 5-14 age group made up 8.2% of Randwick's population. Between 2021 and a later date, the 15-24 age group grew from 10.5% to 13.7%, while the 45-54 cohort decreased from 12.6% to 11.1%. The 5-14 age group also dropped during this period, from 9.3% to 8.2%. Population forecasts for Randwick in 2041 indicate that the 25-34 age group is projected to increase by 632 people (9%), from 6,898 to 7,531. Conversely, the number of individuals in the 0-4 age range is expected to fall by 9%.