Side by sideSuburb comparison

Randwick vs Queens Park.

Comparing two suburbs with median house prices of $3,550,000 and $3,686,000. Randwick edges out on more headline metrics in this comparison.

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.

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).

The takeWhich suburb suits which buyer

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.

Common questionsRandwick vs Queens Park

Common questions

Is Randwick or Queens Park 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, Randwick or Queens Park?

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 Randwick or Queens Park 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, Randwick or Queens Park?

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.

The numbers behind the take

Randwick
Metric
Queens Park

Price & Market

$3,550,000
Median house
$3,686,000
$501,120
Median unit
$549,360
+0.3%
Annual growth (house)
-18.1%
Days on market

Rental

$1500/wk
Rent (house / wk)
$1695/wk
$900/wk
Rent (unit / wk)
$960/wk
47.0%
Owner occupied
69.0%
50.0%
Renter occupied
29.0%

Lifestyle & Demographics

100
Walk score
100
20
Transit score
0
100
Bike score
100
28,943
Population
3,143
36
Median age
40

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1139
Avg ICSEA
1152

Climate

1302 mm
Annual rainfall
1302 mm
26.0°C
Mean max (Jan)
26.0°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).