Queens Park vs Randwick
Randwick (median $3,550,000) is roughly 4% cheaper to buy into than Queens Park ($3,686,000). Over the past year, Randwick (+0.3%) ran 18.4 percentage points ahead of Queens Park (-18.1%) on house-price growth.
Buying in Queens Park or Randwick?
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Queens Park and Randwick side by side
| Measure | Queens Park | Randwick |
|---|---|---|
| Price and market | ||
| Median house | $3,686,000 | $3,550,000 |
| Median unit | $549,360 | $501,120 |
| House price change, 12 months | -18.1% | +0.3% |
| Renting | ||
| House rent | $1695/wk | $1500/wk |
| Unit rent | $960/wk | $900/wk |
| Owner occupied | 69.0% | 47.0% |
| Renter occupied | 29.0% | 50.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1152 | 1139 |
| Lifestyle and people | ||
| Walk score | 100 | 100 |
| Transit score | 0 | 20 |
| Bike score | 100 | 100 |
| Population | 3,143 | 28,943 |
| Median age | 40 | 36 |
| Climate | ||
| Annual rainfall | 1199 mm | 1199 mm |
| Mean max, January | 26.5°C | 26.5°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
On school quality, the average ICSEA across schools serving Queens Park (1152) sits above Randwick (1139). Queens Park skews owner-occupied (69%), Randwick runs more rental-dense (47% owner).
- For buyers
- Randwick is the lower entry point at $3,550,000 median, 4% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Investors face a yield-versus-growth split: Queens Park delivers the better gross yield (2.39% vs 2.20%), but Randwick has run faster on capital growth this year. The right pick depends on whether you're optimising for cash flow or capital appreciation.
- For families
- Queens Park edges out on average school ICSEA (1152 vs 1139). Queens Park also has a higher family-household share (71% vs 61%), so the catchment community skews family-heavy.
Queens Park vs Randwick: common questions
Is Queens Park or Randwick cheaper to buy in?
Randwick has the lower median house price at $3,550,000, roughly 4% below Queens Park ($3,686,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Which has stronger property growth, Queens Park or Randwick?
Over the past 12 months, Randwick grew +0.3% vs -18.1% in Queens Park, a gap of 18.4 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.
Does Queens Park or Randwick have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Queens Park scores 1152 vs 1139 in Randwick. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which suburb has higher rental yield, Queens Park or Randwick?
Gross rental yield on houses is 2.39% in Queens Park vs 2.20% in Randwick. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
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