With the anticipated arrival of Light Rail in 2020, Randwick will become an even more attractive place to live and work. It’s no wonder this health and education hub has caught the attention of homebuyers.
One of the biggest factors that determines whether we enjoy living in our neighbourhood is how much time we spend in traffic or waiting at bus stops.
Randwick is ranked among Sydney’s 10 most liveable suburbs by the Urban Living Index, and crucially it gets top marks for accessibility.
But with the completion of the CBD and South East Light Rail services in 2020, Randwick will become even better connected.
Here’s a closer look at what makes Randwick such a liveable (and desirable) suburb.
Commuting into the CBD – currently around 20 minutes on buses – will become even faster and easier with light rail services expected to run every four minutes in peak hour.
The building of the Randwick terminus will also “create a transport hub, providing better connections to bus stops, shops and services in Randwick town centre and nearby hospitals and medical clinic,” according to the Sydney Light Rail website.
Although its proximity to the city is a major draw, Randwick has everything residents need (and more) within walking distance.
The famous racecourse, Centennial Parklands and some of Sydney’s best-known beaches are on the doorstep. But there are also supermarkets, shopping centres, a producers’ market, a cinema, and restaurants and cafes galore.
In addition to a choice of good schools, Randwick has a cluster of hospitals, and the University of New South Wales, the National Institute of Dramatic Art (NIDA) and Sydney Institute of TAFE are nearby.
As well as the anticipated growth from the Light Rail project, Randwick will benefit significantly from the $720m revamp of the Prince of Wales Hospital announced in the recent NSW budget.
With excellent existing infrastructure and major projects in the pipeline, it’s no wonder this health and education hub is attracting increasing interest among property buyers.
Cbus Property’s new residential development, Newmarket Randwick, at the Inglis stables site, will include 642 apartments and townhouses complemented by a 5000 square-metre public park and more than 2200 square metres of retail/commercial spaces along Barker Street, with easy access to the South East Light Rail line.
Newmarket Randwick includes three stages of development that are designed to respect and celebrate the heritage of the past while providing a unique residential and retail precinct.
To find out more visit http://www.newmarketrandwick.com.au/