Centennial Park is 5.5km from the Sydney CBD it includes some of the oldest and most grand beautiful homes and some of the most exceptionally well-located units in all of Sydney.
Centennial Park is mostly comprised of units Residex reports 70% of all housing is units 7% is semi-detached and 8% is houses. Age mix for the area is 0 to 29 yo 34%, 30 to 49 yo is 38%, 50 & above is 28%.
According to Residex, Centennial Park experienced market growth of around 25.6% from February 2015 to January 2020.
Centennial Park is the gateway to the eastern suburbs wedged between Surry Hills/Redfern to its west and Bondi Junction/Randwick to its east it certainly has the best of everything. With walking access in most of the suburb to one of Australia’s most iconic old parks and entertainment precincts and now with the newly opened tram system is the place to live for both lifestyle and accessibility.
The suburb is surrounded by world class amenities. The entertainment quarter at fox studios often hosts the touring Cirque Du Soleil shows as well as being home to its own cinema complex and group of restaurants plus where else in Sydney can boast its own set of Horse stables?
Cyclying, running, horseback riding, are all possible in Centennial Park while it also plays host on weekends to local cricket and AFL competitions. There is also centennial parklands sports centre.
Centennial Park has several public schools close by plus a number of prestigious schools including Sydney Boys High School, Sydney Grammar, Montessori East, Kincoppal, The Scots College and Cranebrook.
Price growth in recent years has been good in Centennial Park for units with prices increasing 19.2% in the five years to now and 58.4% for houses. Residex notes Only 0.45% of properties in the suburb are currently on the market with an average time of 30 days on the market.
Residex notes the median house price now sits at around $5,720,000. Median unit price is $783,500 in Centennial Park proper.
Jason Low is our local expert Buyers Agent in the area. With exceptional local knowledge, Jason is the best buyers advocate to have on your side searching for a property in Centennial Park, please call us on 1300 655 615, email us, or send us your buyers wishlist today by clicking here. If you would like to know the latest median values and statistics for Centennial Park, call us today on 1300 655 615.
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