Real Estate Appraisal Randwick

Accurate Real Estate Appraisals in Randwick.

Thinking of selling your Randwick home and would like a property valuation? Real estate values are constantly shifting. The trend over the past 9 years has seen housing prices almost double in Randwick. Unit or apartment prices in this period have risen from $600,000 to $930,000.

If you are selling an investment property or thinking of a lifestyle change then consider engaging the services of a locally based real estate agency such as Mint360 property. Our team of real estate agents have over 150 years of experience and have sold hundreds of properties in Randwick.

Property valuation Randwick NSW 2031

Annual Randwick property valuation trend

What is My Randwick Home Worth?

Property values will depend on location, home or apartment size, oh, and location. Some buyers wish to be close to schools and shops and others want a quiet court away from all the hustle and bustle. There are all types of buyers from young couples and families, independents and elderly couples. Our list of home purchasers covers all demographics. Based on data from February 5, 2020, the median price for a house in Randwick was $2,350,000 and the median price of a unit was $938,000. The demand for property in Randwick is above average. Vendors are usually getting their asking price. The 12-month property capital growth for houses is 1.46% and for units, it is -1.08%. The average annual capital growth is 7.14% for houses and 6.30% for units. It takes on average 102 days to sell a house and 76 days to sell a unit in Randwick.

House Valuations Randwick February 5, 2020

  • One bedroom house $1,877,000 Rent per week $738
  • Two bedroom house $2,130,500 Rent per week $1000
  • Three bedroom house $2,657,000 Rent per week $1400

Apartment and Unit Valuations

  • One bedroom unit $697,500 Rent per week $500
  • Two bedroom unit $950,000 Rent per week $600
  • Three bedroom unit $1,607,500 Rent per week $850

The gross rental yield for a house is 2.53% and for a unit, it is 3.55% in Randwick.
Real estate appraisal Randwick NSW 2031 Rental appraisal Randwick NSW 2031

Preparing to sell your Randwick House.

Over our 23 year presence, we have built a database of potential home buyers and investors in Randwick and surrounding suburbs. We will patiently walk you through all the processes of preparing your home for sale. This will include the initial appraisal to value your home through to the handing over of the keys. In between this process, our sales agent will demonstrate the marketing reach we have to maximise the return you receive. We can also advise on preparing your home or unit for sale. This can include home staging and styling.

We use all digital media outlets and social media platforms to expose the property you are selling. You can sell your home privately or go to auction. We have experience in all real estate sales scenarios.

Recently sold homes in Randwick.

Free Rental Appraisal Randwick

Are you moving and want to rent out your home? Or, do you own an investment property and need the services of a property manager? Our property management team manage multiple properties. They will give you a free and accurate appraisal of your expected weekly rental return. Our staff use the latest software to perform routine inspections, collect the rental fee and maintain your property. Each landlord receives full tax accounting documentation in a format of your choice.

Contact us for a Randwick Property Valuation.

You can either complete a simple contact us form or call our office on 02 9326 7000. One of our agents would be more than happy to visit your home at your convenience. Or, if you wish to visit our Randwick agency to see how we do business then that would please us as well.

1st February 2017

Author

Andrew Cook

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