Local Knowledge PropertyIntegrated Property Financial Advisory
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

A decision, not just a search · Centennial Park

Does a promising suburb make this the right property decision?

No. Suburb data can help you shortlist, but it cannot establish the value, condition or suitability of a particular property. Compare buying, retaining your current property and waiting against your household cash flow, finance conditions and intended holding period.

Questions that could change the answer

  • What would make this location unsuitable even if its median price rises?
  • Could you meet the costs if income falls, the property is vacant or repairs are needed?
  • Are you comparing a specific property with genuinely comparable sales—or only an area average?

Evidence to obtain—not yet verified here

  • Comparable property evidence with transaction dates and relevant differences.
  • Current loan terms, household commitments and a realistic cash-flow buffer.
  • Property inspections, contract advice and ownership/tax advice where relevant.

Other options: Shortlist another property, retain what you own, reduce the budget or delay. Growth expectations alone are not a reason to proceed.

Next action: Ask a Property Advisor to connect the property evidence with your priorities, and identify the finance, tax or legal professional required for unresolved questions.

When to revisit: Revisit if the price, lending terms, inspection findings or household circumstances change.

General decision guidance—not a property assessment, personal recommendation or verified client result. Dates on surrounding market content apply to that content, not to checks on your property.

Take this question to a review

The question and suggested checks are prefilled for you to edit. No enquiry is sent until you submit and consent.

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

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

+8% surcharge

Negative Gearing Position

Wage offset available until 1 July 2027

An established purchase today falls under the 2026 reforms. From 1 July 2027, losses on established residential property can only offset residential rental income or residential capital gains — not your salary.

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 until 1 July 2027

After-tax holding cost
$114,802/yr

~$2,208/week

Land Tax Exposure
Est. land value
$2.52M

~60% of median price

Individual threshold
$1,075,000

Annual: $23,220

Trust/company threshold
$25,000 (trust)

Annual: $40,020

CPA Note: Land tax applies to your total NSW land holdings, not individual properties. Portfolio holders should aggregate all investment land values.

CGT Projection

Based on 9.2% p.a. growth (from 5-year trend), CPI indexation + 30% minimum rate, 39% MTR

5-Year Hold

Est. value
$6.51M
Capital gain
$2.07M
Assessable gain
$1.48M
CGT payable
$578,414

10-Year Hold

Est. value
$10.09M
Capital gain
$5.65M
Assessable gain
$4.40M
CGT payable
$1.72M

Investor Quick Summary

Entry cost (stamp duty)

$221,850

After-tax yield

1.95%

Weekly holding cost

$2208/wk

10yr CGT (est.)

$1.72M

Estimates based on FY2025 NSW rates at median house price. Assumes 80% LVR, 6.5% interest rate, 39% marginal tax rate ($135K-$190K bracket). This calculator provides estimates for illustrative purposes only and does not constitute financial, tax, or investment advice. Results depend on assumptions that may not reflect your actual situation. Tax laws, interest rates, and market conditions change frequently. Always consult a qualified professional — such as a CPA, mortgage broker, or financial adviser — before making financial decisions. Local Knowledge Group of Companies provides integrated advisory through Local Knowledge (CPA), Local Knowledge Finance (Mortgage Brokerage), and Local Knowledge Property (Licensed Agency).

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.

Interested in Centennial Park?

Get a personalised buyer brief with AI-powered property intelligence for this suburb.

Request Your Free Buyer Brief

See What ASPIRE Has Found For You

Get a personalised preview of what our AI intelligence has identified for your situation — in seconds.

No spam. Your data is used only to personalise your brief.

Data sourced from multiple sources. Last updated 11 April 2026.

Browse all suburbs • Contact Local Knowledge