Randwick City Council

Centennial Park

NSW2021

Centennial Park at a glance

Median house

$9,500,000

Median unit

$609,840

Weekly rent

$1,500

Houses · units $748

Gross yield

0.8%

Houses, on the median

Population

2,225

Median age 36

Walk score

100

Walker's paradise

Prices: Median of 6 house sales · NSW Valuer General · calendar 2025 · Rent: NSW rental bond data (postcode 2021), June 2026 · Population: 2021 Census

Houses change hands at $9,500,000 on a typical sale, well above the NSW median (6 house sales, NSW Valuer General, calendar 2025). Units come in around $609,840, roughly 94% below the house median.

For buyers

A 20% deposit on the median house works out to roughly $1,900,000. Prices sit well above the NSW median, so plan for a stretched deposit and shop carefully on borrowing capacity.

See what you can borrow

Market

House prices in Centennial Park.

Median house price

$9,500,000

Median unit price $609,840.

Median of 6 house sales · NSW Valuer General · calendar 2025

Rental and ownership

Weekly rent (house)

$1500/wk

Weekly rent (unit)

$748/wk

Owner occupied

43%

Renter occupied

55%

At a deeper level

Median House PriceSource: NSW Valuer General (PSI) · Sept 2026

$9,500,000

Median Unit PriceSource: NSW Valuer General (PSI) · Sept 2026

$609,840

PopulationSource: ABS Census 2021 · May 2026

2,225

Median age: 36

Rental data as of June 2026· rental-nsw

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The brief

What to know about Centennial Park.

Centennial Park's median house price is $9,500,000 (median of 6 house sales recorded by the NSW Valuer General in calendar 2025).

Postcode 2021 (NSW), Randwick City Council, part of Greater Sydney.

Centennial Park (2021) sits in the Randwick region of NSW. The median house here is $9,500,000, well above the NSW median of around $1.10M.

Centennial Park has roughly 2,225 residents, with a typical family-age mix. Households are renter-heavy. Day-to-day life here is very walkable, with most errands manageable on foot.

Side by side

Compare Centennial Park with a nearby suburb.

Median, growth, schools, walkability, all in one view.

Day to day

What it’s like to live here.

Centennial Park scores 100/100 on walkability, which makes it very walkable with limited public transport. Coffee, groceries and a meal out are mostly walking-distance, which keeps a household viable on one car.

Summer days here average around 26°C (mild), winter mornings around 8°C (mild). Annual rainfall lands at about 1302mm. Data comes from the Bureau of Meteorology's Sydney (Observatory Hill) station, 32.5km away.

Schooling within or near the suburb covers 8 government primary, 2 government secondary, 4 Catholic, 5 independent.

Who lives here

Demographics.

The 2021 Census put Centennial Park's population at 2,225, with a median age of 36. That sits as a typical family-age mix. Households are renter-heavy (43% own, 55% rent), which shapes everything from school catchment stability to how often properties turn over. Lone-person households are notable here (47%), often a marker of unit-heavy stock and walkable infrastructure.

Population

2,225

Median age

36

Family households

47%

Lone person

47%

Demographics data as of May 2026· ABS 2021 Census

Free guide · 2026 edition

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For investors

Investment overview.

Gross rental yield on houses sits at 0.82% (median rent $1500/wk against a $9,500,000 price tag). Units yield 6.38% gross, often the better cash-flow play for first-time investors. With 55% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.

Gross Yield (House)

Source: NSW Valuer General (PSI) · Sept 2026

0.82%

Based on $9,500,000 median

Gross Yield (Unit)

Source: NSW Valuer General (PSI) · Sept 2026

6.38%

Based on $609,840 median

Annual Growth (House)

Source: NSW Valuer General (PSI) · Sept 2026

–

Year-on-year capital growth

Annual Growth (Unit)

Source: NSW Valuer General (PSI) · Sept 2026

–

Year-on-year capital growth

Owner Occupancy

Source: ABS Census 2021 · May 2026

43%

Higher = more owner-occupier demand

Days on Market

Source: NSW Valuer General (PSI) · Sept 2026

–

Lower = higher buyer demand

Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.

Safety

Crime and safety.

Offence Summary

121

total offences in 2026

Top offence categories

Drug offences58 (47.9%)
Theft24 (19.8%)
Assault10 (8.3%)
Malicious damage to property8 (6.6%)
Intimidation, stalking and harassment5 (4.1%)

Crime statistics are reported at LGA level and may cover a broader area than this suburb.

Source: State Police Open Data

Crime data as of January 2026· State Police Open Data

Getting around

Walkability.

Walk Score

100

Transit Score

0

Bike Score

100

Scores calculated from OpenStreetMap data (ODbL)

Walkability data as of May 2026· OpenStreetMap

Place

Location.

Amenities

Transport

Nearby suburbs

Education

Schools in Centennial Park.

Local schools for Centennial Park

View the catchment for each school to find out more.

Government School Catchment

Paddington Public School

K-6CoEdGovernment
View Catchment

Woollahra Public School

K-6CoEdGovernment
View Catchment

Sydney Girls High School

7-12GirlsGovernment
View Catchment

© ACARA, licensed under CC BY 4.0.

Climate

Weather year-round.

Annual Rainfall

1302 mm

Hottest Month (avg max)

26.2°C

Coldest Month (avg min)

8.4°C

Monthly Rainfall (mm)

J
F
M
A
M
J
J
A
S
O
N
D

Weather data from BOM station Sydney (Observatory Hill) (33 km away)

Climate data as of May 2026· Bureau of Meteorology

Frequently asked

About Centennial Park.

What is the median house price in Centennial Park?
The median house price in Centennial Park, NSW 2021 is $9,500,000 (median of 6 house sales recorded by the NSW Valuer General in calendar 2025). The median unit price is $609,840.
How much is my house worth in Centennial Park?
A useful starting point is the Centennial Park median house price of $9,500,000 (units $609,840). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
Is Centennial Park a good investment?
On the published figures, the gross rental yield on houses in Centennial Park is 0.8%: the median weekly house rent is $1,500 (NSW rental bond data (postcode 2021), June 2026) against the median house price of $9,500,000 (NSW Valuer General, calendar 2025). No 12-month price change is published for Centennial Park: the NSW Valuer General figures we hold do not measure one. Whether Centennial Park is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
What is the Centennial Park postcode?
Centennial Park is in the 2021 postcode, in NSW, in the Randwick City Council region.
Where is Centennial Park?
Centennial Park is a suburb of Sydney, in NSW 2021. It is part of the Greater Sydney area, in the Randwick City Council region.
What is the average rent in Centennial Park?
The median weekly rent for houses is $1500, for units it's $748.
What schools are in Centennial Park?
There are 20 schools serving Centennial Park on this page, including St Francis of Assisi Regional Catholic Primary School, Paddington Public School, Woollahra Public School.
How walkable is Centennial Park?
Centennial Park has a Walk Score of 100 out of 100, very walkable. transit score 0, bike score 100.
What suburbs are near Centennial Park?
Centennial Park is close to Moore Park, Paddington, Woollahra, Queens Park, Bondi Junction.
What is the population of Centennial Park?
The population of Centennial Park is approximately 2,225 (2021 Census). The median age is 36.

Sources cited

Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →

Always dated

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