These are postcode 2031's figures, which include Clovelly. New leases of all home types in postcode 2031 had a median rent of $900 a week in July–Sept 2026, across 726 new leases, up 5.9% on a year earlier.
Half the new leases of 2-bedroom units in postcode 2031 were between $860 and $1,000 a week.
New leases are rents agreed at the start of a tenancy in July–Sept 2026, from NSW Fair Trading bond data, not what current tenants pay.
Medians from the published data, for every group. Middle half: half the figures fall in this range, a quarter below it and a quarter above. Method
NSW publishes rents and sale prices by postcode, so these are postcode 2031's figures: the whole postcode, which includes Randwick and Clovelly. Postcode 2031
July–Sept 2026 · NSW Fair Trading bond data
| Homes | Median | Middle half | Leases | vs a year earlier |
|---|---|---|---|---|
| all homes | $900/wk | 726 | +5.9% | |
| 1-bed homes | $762.50/wk | 188 | +1.7% | |
| 2-bed homes | $930/wk | 413 | +6.3% | |
| 3-bed homes | $1,350/wk | 89 | +8.0% | |
| 4-bed homes | $1,750/wk | 24 | — | |
| units, any sizeCheck an increase | $900/wk | 640 | +5.9% | |
| 1-bed unitsCheck an increase | $775/wk | 169 | +3.3% | |
| 2-bed unitsCheck an increase | $930/wk | 396 | +6.3% | |
| 3-bed unitsCheck an increase | $1,300/wk | 63 | +8.3% | |
| houses, any sizeCheck an increase | $1,250/wk | 70 | −3.8% | |
| 1-bed housesCheck an increase | $645/wk | 18 | — | |
| 2-bed housesCheck an increase | $900/wk | 13 | — | |
| 3-bed housesCheck an increase | $1,600/wk | 16 | — | |
| 4-bed housesCheck an increase | $1,715/wk | 20 | — | |
| townhouses, any sizeCheck an increase | $1,377.50/wk | 16 | — |
© State of New South Wales (NSW Fair Trading rental bond data). For current information go to www.nsw.gov.au.
Jan–Mar 2026 · the NSW Rent and Sales Report
| Sales of | Median | Middle half | Sales | vs a year earlier |
|---|---|---|---|---|
| all homes | $1,388,000 | 160 | +2.3% | |
| strata homes | $1,240,000 | 123 | −1.6% | |
| non-strata homes | $4,325,000 | 37 | — |
© State of New South Wales (Department of Communities and Justice), Rent and Sales Report.
Every postcode in the council area: Randwick council area rents by postcode
Got a rent increase notice for a place here? Check the increase free against these figures, no sign-up. If you want to send a reply, the $5 response pack is a letter and a dated evidence PDF.