All Suburbs

Centennial Park

NSW 2021LGA: Randwick City

Investment Score

82

/100

AI Intelligence Summary

Centennial Park is an exclusive, small residential suburb in Sydney's prestigious Eastern Suburbs, renowned for its proximity to the iconic 220-hectare Centennial Parklands. This affluent enclave attracts high-income professionals and families seeking a premium lifestyle with unparalleled access to recreational facilities, world-class sporting venues, and vibrant cultural amenities. The suburb features limited housing stock, predominantly comprising luxury apartments, heritage townhouses, and select prestige homes, contributing to its exclusivity and strong capital growth potential. Residents enjoy exceptional connectivity to Bondi Junction's transport hub, premium shopping precincts, and Eastern Suburbs beaches within minutes. The area's strategic location offers the perfect balance of urban sophistication and natural beauty, with direct access to Moore Park sporting facilities including the SCG and Allianz Stadium. The community benefits from excellent infrastructure, cycling paths, and a thriving café culture along Oxford Street and Alison Road, making it one of Sydney's most desirable residential addresses for discerning buyers and investors.

Strengths

  • Direct access to 220-hectare Centennial Parklands for recreation and lifestyle
  • Premium Eastern Suburbs location with proximity to CBD and beaches
  • Limited housing stock creating scarcity value and strong capital growth
  • Excellent transport connectivity via Bondi Junction interchange

Opportunities

  • Future Sydney Metro connections enhancing transport accessibility
  • Continued gentrification of surrounding Oxford Street precinct
  • Growing demand for premium inner-city lifestyle properties
  • Potential for heritage property renovations and conversions

Considerations

  • Very limited housing supply restricting buyer choice
  • High property prices creating affordability barriers
  • Traffic congestion during major sporting events
  • Limited parking availability in some areas

Property Market

Median House

$4.20M

+12.5% 1yr

Median Unit

$1.85M

+10.8% 1yr

Median Townhouse

$3.20M

Rent (House)

$2,600/wk

Rent (Unit)

$1,450/wk

Days on Market

28

Vacancy Rate

1.2%

Auction Clearance

78.0%

Price Growth

Type1 Year3 Year5 Year
House+12.5%+28.2%+45.8%
Unit+10.8%+24.5%+38.9%

Rental Yields

House Yield

3.2%

Unit Yield

4.1%

Townhouse Yield

3.5%

Investment Scorecard

Overall Investment Score82/100
Growth Potential85/100
Cashflow Score72/100
Risk Score (lower = safer)75/100
Affordability Index45/100

Demand/Supply Ratio: 2.80

Demand exceeds supply — favourable for sellers

Tax & Financial Intelligence

CPA-grade analysis for Centennial Park at median house price

Standard transfer
$221,850
First Home Buyer
$221,850
Foreign buyer surcharge
$336,000

+8% surcharge

Annual rent income
$135,200

$2600/wk

Interest (80% LVR @ 6.5%)
-$218,400
Other expenses (~2.5%)
-$105,000
Net rental position
-$188,200

Negatively geared

Tax benefit (39% MTR)
+$73,398

Reduces taxable income

After-tax holding cost
$114,802/yr

~$2,208/week

Based on 9.2% p.a. growth (from 5-year trend), 50% CGT discount, 39% MTR

5-Year Hold

Est. value
$6.51M
Capital gain
$2.07M
After discount
$1.03M
CGT payable
$403,053

10-Year Hold

Est. value
$10.09M
Capital gain
$5.65M
After discount
$2.82M
CGT payable
$1.10M

Investor Quick Summary

Entry cost (stamp duty)

$221,850

After-tax yield

1.95%

Weekly holding cost

$2208/wk

10yr CGT (est.)

$1.10M

Estimates based on FY2025 NSW rates at median house price. Assumes 80% LVR, 6.5% interest rate, 39% marginal tax rate ($135K-$190K bracket). Individual circumstances vary. This is general information only and not personal financial advice. Consult your CPA before making investment decisions. Local Knowledge Pty Ltd — Registered Tax Agent.

Demographics

Population

1,200

Median Age

38

Median Income

$165K

per annum

Family Households

45.0%

Professionals

68.0%

University Educated

78.0%

Unemployment

2.8%

Born Overseas

42.0%

Dwelling Mix

Houses: 25%Units: 68%Townhouses: 7%Total: 580

Lifestyle & Community

Walkability85/100
Public Transport8/10
Schools Rating8/10
Safety9/10
Family Friendly8/10
Cafes & Restaurants

25

Parks

8

Hospitals

2

Distance to CBD

4.5 km

Nearest Station: Bondi Junction

Premium urban lifestyle with access to world-class recreation, dining, entertainment, and sporting facilities in a prestigious parkside setting.

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Data sourced from multiple sources. Last updated 26 March 2026.

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