1-4/16 Figtree Avenue, Randwick, NSW 2031 | BlockOfUnits for sale | OnTheHouse
FOR SALE
For Sale

1-4/16 Figtree Avenue
Randwick NSW 2031

Bedrooms: 12
Bathrooms: 4
Car spaces: 4
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Rare Randwick Investment Opportunity | Entire Block of 4 x 3 Bedroom Apartments

Set on 487sqm in one of Randwick's most tightly held pockets, this entire block of 4 x 3 bedroom apartments presents an outstanding investment opportunity with strong existing income and long-term potential. Positioned in a quiet leafy cul-de-sac just moments from Queens Park and Centennial Park, the block comprises four well-presented residences featuring generous proportions, high ceilings, polished parquetry floors and quality updates throughout. With solid double-brick construction, secure parking and scope to further enhance returns, this is a rare opportunity to secure a substantial Inner East asset in a highly desirable location.
• Entire block of 4 x 3br apartments with parking
• Set on 487sqm with solid double-brick construction
• All apartments updated over recent years with renovated kitchens and bathrooms
• Bright interiors with generous living areas, high ceilings and polished parquetry floors
• Secure car accommodation plus storage and laundry facilities
• Currently returning approximately $215,540 pa
• Opportunity to further enhance returns over time
• Peaceful cul-de-sac setting moments to Queens Park, Centennial Park, shops, transport and hospitals
Ray White Double Bay - Exceptional Living Begins Here
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Property Details for 1-4/16 Figtree Ave, Randwick

1-4/16 Figtree Ave, Randwick is a 12 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. The place is currently for sale with Ray White Double Bay.

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About Randwick 2031

The size of Randwick is approximately 5.4 square kilometres. There are 25 parks, covering nearly 20.6% of the total area. The population of Randwick in 2016 was 29986 people. By 2021 the population was 28943 showing a population decline of 3.5% in the area during that time. The predominant age group in Randwick is 30-39 years. Households in Randwick are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Randwick work in a professional occupation.In 2021, 46.80% of the homes in Randwick were owner-occupied compared with 46.40% in 2016.

Randwick has 17,328 properties. Over the last 5 years, Houses in Randwick have seen a -3.24% decrease in median value, while Units have seen a 8.95% increase. As at 31 August 2026:

  • The median value for Houses in Randwick is $3,346,790 while the median value for Units is $1,251,686.
  • Houses have a median rent of $1,600 while Units have a median rent of $900.
There are currently 63 properties listed for sale, and 71 properties listed for rent in Randwick on OnTheHouse. According to Cotality's data, 563 properties were sold in the past 12 months in Randwick.

Suburb Insights for Randwick 2031

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Melanie Lahoud
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Breanna Skewes
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Ray White Double Bay
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.