5 Market StreetRandwick NSW 2031
Property Details for 5 Market St, Randwick
Last Listing description (March 2016)
AN EXCEPTIONAL OPPORTUNITY TO OWN A BOUTIQUE BLOCK OF FOUR UNITS LOCATED IN ONE OF THE MOST DESIRABLE STREETS IN RANDWICK. THE ART DECO BUILDING IS LOCATED OPPOSITE QUEENS PARK AND CLOSE TO NSW UNIVERSITY, PRINCE OF WALES HOSPITAL, RANDWICK RACE COURSE AND BEACHES. THE BLOCK IS ON A LEVEL PARCEL LAND OVER 468SQM WITH REAR LANE ACCESS. THE PROPERTY INCLUDES FOUR X 2 BEDROOM UNITS WITH SUNROOMS, TWO ENJOY DIRECT ACCESS TO THE SUN DRENCHED GARDEN. THERE IS ALSO ONE LOCKUP GARAGE WITH THE POTENTIAL TO ADD MORE PARKING (STCA). ALTHOUGH NEAT AND CURRENTLY WELL PRESENTED, THERE IS AMPLE ROOM TO COMPLETELY REFURBISH FOR ULTRA CONTEMPORARY DESIGNER LIVING. THE NEW LIGHT RAIL WILL ALSO ULTIMATELY ADD ENORMOUS VALUE TO THE AREA. STRATA APPROVED. - FOUR 2 BEDROOM UNITS EACH WITH SUNROOMS - LEVEL LAND, 468SQ, PRIVATE AND QUIET POSITION- NEAT, WELL PROPORTIONED DOUBLE BEDROOMS- WITH SEPARATE LOUNGE AND DINING AREAS- COMMON GARDEN, REAR LANE ACCESS, LUG- PERIOD FEATURES, HIGH DETAILED CEILINGS- CURRENT RENTAL INCOME APPROX. $9,568 PER MONTH* AGENT INTERESTAGENT INTEREST RAY WHITE DOUBLE BAY - THE TEAM OF PROFESSIONALS YOU DESERVE
Property History for 5 Market St, Randwick, NSW 2031
- 10 Mar 2016Listed for Sale Not Disclosed
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0About 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 17,269 properties. Over the last 5 years, Houses in Randwick have seen a 3.53% increase in median value, while Units have seen a 14.37% increase. As at 30 June 2026:
- The median value for Houses in Randwick is $3,433,685 while the median value for Units is $1,270,451.
- Houses have a median rent of $1,450 while Units have a median rent of $880.
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