Rent in Randwick, NSW 2031
Median weekly rent on new leases lodged with the state bond authority, 12 months to August 2026. These are rents tenants signed up to pay, not advertised asking rents.
Figures cover the whole 2031 postcode area, which also includes Clovelly.
Median weekly rent
$990/wk
all new leases
New leases
2,541
12 months to August 2026
12-month change
+3.3%
vs previous 12 months
Middle half paid
$895/wk - $1,115/wk
25th to 75th percentile
Randwick rent summary
In the 12 months to August 2026, 2,541 new leases were lodged with the state bond authority in the 2031 postcode area, at a median of $990 a week; the middle half of leases were between $895 and $1,115. The most common new lease was for 2-bedroom units (1,358 leases, median $935 a week). Houses leased for a median of $1,585 a week against $915 for units. Across all dwellings that is up 3.3% on the previous 12 months. Over three years the median new-lease rent has risen 17.5%.
Median weekly rent on new leases in Randwick
12 months to August 2026. Median, then the range the middle half of leases fell in where published, then n = number of leases.
| Dwelling | All bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed | 5+ bed |
|---|---|---|---|---|---|---|---|
| Houses | $1,585/wk $1,375-$1,880 n = 242 | - | $695/wk $615-$795 n = 36 | $1,030/wk $870-$1,160 n = 57 | $1,715/wk $1,465-$1,990 n = 73 | $2,135/wk $1,940-$2,700 n = 59 | $2,875/wk $2,295-$3,265 n = 17 |
| Townhouses | $1,515/wk $1,385-$1,620 n = 48 | - | <10 leases | $1,135/wk $975-$1,290 n = 10 | $1,585/wk $1,445-$1,685 n = 34 | <10 leases | - |
| Units | $915/wk $835-$1,025 n = 2,192 | $650/wk $550-$770 n = 26 | $770/wk $700-$840 n = 629 | $935/wk $860-$1,060 n = 1,358 | $1,325/wk $1,185-$1,510 n = 166 | <10 leases | - |
| All dwellings | $990/wk $895-$1,115 n = 2,541 |
How rents on new leases have changed
Median for the 12 months to August 2026 against the same 12 months earlier.
| Segment | Median now | 1 year | 3 years |
|---|---|---|---|
| All dwellings | $990/wk | +3.3% | +17.5% |
| Houses | $1,585/wk | -0.2% | +19.2% |
| Townhouses | $1,515/wk | +10.7% | +10.0% |
| Units | $915/wk | +5.3% | +19.5% |
| 2-bedroom units | $935/wk | +6.3% | +21.6% |
| 1-bedroom units | $770/wk | +4.5% | +24.2% |
| 3-bedroom units | $1,325/wk | +3.9% | +13.6% |
Median rent on new leases over time in Randwick
2022 to 2026, weekly rent. Periods with fewer than 10 leases are left out.
Suburb profile
Randwick suburb data
Median prices, rental yield, vacancy and growth for Randwick.
Sold prices
Recently sold in Randwick
Actual sale prices and days on market in Randwick.
Rent changes
Rent rises and cuts
Weekly rent increases and decreases on live rental listings across Australia.
Frequently asked questions about rent in Randwick
What is the median rent in Randwick?
In the 12 months to August 2026, the median weekly rent on 2,541 new leases in Randwick (the 2031 postcode area) was $990 a week; the middle half of leases were between $895 and $1,115.
How much is rent for a 2 bedroom unit in Randwick?
In the 12 months to August 2026, 1,358 new leases for 2-bedroom units were lodged in the 2031 postcode area, with a median rent of $935 a week; the middle half of leases were between $860 and $1,060.
How much is rent for a 1 bedroom unit in Randwick?
In the 12 months to August 2026, 629 new leases for 1-bedroom units were lodged in the 2031 postcode area, with a median rent of $770 a week; the middle half of leases were between $700 and $840.
How much is rent for a 3 bedroom unit in Randwick?
In the 12 months to August 2026, 166 new leases for 3-bedroom units were lodged in the 2031 postcode area, with a median rent of $1,325 a week; the middle half of leases were between $1,185 and $1,510.
Is rent going up in Randwick?
The median rent on new leases in the 2031 postcode area was up 3.3% in the 12 months to August 2026, compared with the 12 months before.
Where do these Randwick rent figures come from?
They are rents agreed on new leases lodged with the state bond authority, not advertised asking rents, so they reflect what tenants actually signed up to pay. No addresses are included; figures are published by area.
How these figures are calculated
Rents are from new residential leases lodged with the state bond authority, which publishes them by area each month. Where several periods or bedroom counts are combined, each published median is weighted by the number of leases behind it. Any figure based on fewer than 10 leases is not shown. Changes compare one 12-month period with the same period one, three or five years earlier. No addresses are included in this data.