"Set for life" - why owning a home in Randwick is so lucrative

With gorgeous character homes, vibrant restaurants and shops, plus close proximity to the CBD, good schools, UNSW and the beach, Randwick continues to be the premier suburb for many families. It's popularity has seen prices rise 47%, leading the Australian Financial Review to claim that "if you own a home in Randwick, you're set for life."

An article from last month describes how a combination of increased demand and decreased supply, with hardly anyone wanting to leave, has made Randwick an incredibly lucrative suburb. With families holding on to properties since the 1990s, plus the new light rail line coming in, the article suggests this phenomenal demand for Randwick will be around for at least the next 20 years.

This makes any opportunity to buy in Randwick all the more competitve, with buyers looking for their ultimate family home in a fantastic suburb.

Goodyer currently has two outstanding homes on the market: 7 St Luke Street and 18 Earl Street, which goes to auction this Saturday! Both are classic character homes that have undergone contemporary transformations to offer the ideal family retreat.