FOR SALE
Pre Market Opportunity

5/3 Gordon Street
Randwick NSW 2031

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
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North Facing Parkside Apartment in Desired Location

Opposite Frank Doyle Park, this North facing, top floor apartment will appeal to first homebuyers seeking comfort and convenience and investors who recognise a sought-after rental property.
It's set in a boutique security block, a short walk from village shops and city buses.
Property Features:
- Bright and airy interiors include combined living and dining
- Includes a good sized balcony and pleasant leafy outlook
- Modern kitchen with quality appliances and breakfast bar
- Two generously sized bedrooms fitted with built-in robes
- Neat and tidy bathroom, timber flooring, intercom entry
- Excellent condition and ready to live in/lease immediately
- Astute investment with solid growth and rental prospects
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Property Details for 5/3 Gordon St, Randwick

5/3 Gordon St, Randwick is a 2 bedroom, 1 bathroom Apartment with 2 parking spaces. The place is currently for sale with Raine & Horne Double Bay/Bondi Beach.

Building Type
Apartment

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About Randwick 2031

The size of Randwick is approximately 5.4 square kilometres. It has 25 parks covering nearly 20.6% of total area. The population of Randwick in 2011 was 27,740 people. By 2016 the population was 29,998 showing a population growth of 8.1% in the area during that time. The predominant age group in Randwick is 30-39 years. Households in Randwick are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Randwick work in a professional occupation. In 2011, 49.3% of the homes in Randwick were owner-occupied compared with 46.4% in 2016.

Randwick has 16,911 properties. Over the last 5 years, Houses in Randwick have seen a 52.73% increase in median value, while Units have seen a 31.04% increase. As at 31 October 2024:

  • The median value for Houses in Randwick is $3,581,714 while the median value for Units is $1,226,595.
  • Houses have a median rent of $1,000 while Units have a median rent of $825.
There are currently 33 properties listed for sale, and 48 properties listed for rent in Randwick on OnTheHouse. According to CoreLogic's data, 568 properties were sold in the past 12 months in Randwick.

Suburb Insights for Randwick 2031

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Jean-Michel Rudsdale
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Martin Maskin
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Raine & Horne Double Bay/Bondi Beach
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.