1/78 Alison RoadRandwick NSW 2031
Property Details for 1/78 Alison Rd, Randwick
1/78 Alison Rd, Randwick is a 14 bedroom, 6 bathroom Unit with 3 parking spaces. The property has a land size of 670m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 14 bedroom Unit sold in Randwick in the last 12 months.
Last Listing description (April 2026)
A rare and remarkable offering in one of Randwick's most popular pockets, this entire block of five apartments presents an exceptional opportunity for investors, SMSFs, developers and long-term holders alike. Comprising 4 x two bedroom and 1 x six bedroom apartments plus 3 lock up garages, the property delivers strong existing income with outstanding value-add potential. Entire block of 5 apartments 4 x 2br + 1 x 6br, 3 lock up garages Set over 670sqm of land with huge LMR upside (see Page 5 of Information Memorandum) High-demand position moments to Randwick village, transport and amenities Ideal for long-term hold, future redevelopment or strategic sell-down (STCA) Strong rental demographic near Light Rail, UNSW and Prince of Wales Hospital Perfectly positioned directly opposite Royal Randwick Racecourse Current rental income of $209,508 per annum (well under market)Ray White Double Bay - Exceptional Living Begins HereOur recommended loan broker https://broker.loanmarket.com.au/DOUBLE-BAY
Property History for 1/78 Alison Rd, Randwick, NSW 2031
- 25 Feb 2026Sold for $5,800,000
- 30 Jan 2026Listed for Sale SOLD
Recent sales nearby
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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 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 17,168 properties. Over the last 5 years, Houses in Randwick have seen a 22.24% increase in median value, while Units have seen a 26.98% increase. As at 31 March 2026:
- The median value for Houses in Randwick is $3,657,898 while the median value for Units is $1,329,549.
- Houses have a median rent of $1,540 while Units have a median rent of $870.
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