8C/94-96 Alison Road Randwick NSW 2031
8C/94-96 Alison Road Randwick NSW 2031
Top-floor 2-bed apartment on 89sqm lot|Racecourse views|Tightly held 15 years|Freshly updated|Auction listed|This 2-bedroom apartment on an 89sqm lot suits couples or professionals drawn to racecourse proximity and city access. Its top-floor position directly opposite Randwick Racecourse delivers unmatched panoramic views across the track to the skyline, setting it apart in the building. Practical living centres on spacious open areas and a modern kitchen geared for daily use or casual hosting, with secure parking adding everyday convenience. In a tightly held block, this unit’s outlook and location command premium appeal among buyers who prioritise lifestyle over expansion potential. Similar 2-bedroom apartments nearby have seen steady demand, reflecting the area’s draw for downsizers and young professionals balancing work near UNSW or the hospital with beach access. The 15-year hold signals strong owner retention, bolstered by light rail just opposite for quick CBD trips. Flood overlay noted, but no heritage constraints enhance straightforward ownership. Long-term value ties to the rare views and irreplaceable position, likely appreciating as racecourse precinct development lifts surrounding prestige. Fresh paint and fittings position it for immediate occupancy without major outlay.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Randwick is a major eastern suburbs hub with strong demand driven by proximity to UNSW, hospitals and the CBD. The market is diverse, including houses, apartments and student accommodation. Investor and owner-occupier demand coexist, creating depth. Supply is constrained for houses but more elastic in units. Price growth is strong overall, with houses outperforming apartments.