05.08.2019 Suburb Spotlight

Suburb Spotlight: Queens Park

Suburb Spotlight: Queens Park

Queens Park is both an urban park that forms part of Centennial Parklands and a small, peaceful parkside suburb that lies within Waverley Council.

The area was once part of Bondi Junction but was proclaimed its own suburb in 1992, a move which protected it from overdevelopment and had a hugely positive impact on housing values.

Houses on the eastern side of the park date back to the Victorian era, with those on the northern and southern sides are mainly Federation-era homes. There’s also a smattering of low rise unit blocks, including some with art-deco appeal.

This small suburb is big on charm, with a friendly, neighbourhood vibe, while also offering easy access to the city, Bondi Junction and Sydney’s best beaches.

Population snapshot: Who lives in Queens Park

Queen’s Park is one of the most tightly held areas in the eastern suburbs. The vast majority of buyers are owner-occupiers and the area is popular with young and maturing families seeking family-friendly homes and a family-friendly lifestyle. As of 2016 Census, there were just 3,000 residents reported in Queens Park.

Sales price snapshot: Property prices rising

According to data from realestate.com.au, as of March 2019, the median house price in Queens Park was $2,635,000 and the median unit price, $1,014,000. Compared to the same period five years ago, the median house sales price for houses in Queens Park increased 43.4%, which equates to a compound annual growth rate of 7.5%.

Five reasons locals love it

1. Queens Park

Established in 1888 to commemorate the centenary of European settlement in Sydney, Queens Park is a 26-hectare park that’s set in a natural amphitheatre at the foot of sandstone cliffs, offering stunning panoramic views of the Sydney City skyline. It’s a great spot for relaxation, recreation and organised sport, with its cricket, rugby, touch football and soccer fields and an excellent children’s playground and cafe. The park is also home to some of Sydney’s oldest and largest Moreton Bay and Port Jackson fig trees, planted in the 1890s and 1930s.

2. Shopping and eateries

This peaceful suburb offers easy access to lots of urban attractions, including the shopping mecca that is Bondi Junction and the trendy boutiques around Bondi Beach. It’s a quick hop over to Paddington and Woollahra, and Bondi Junction and surrounds are also packed with great restaurants, bars and cafes.

3. Centennial Parklands

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Locals can enjoy an abundance of green outdoor spaces with Centennial Parklands right on their doorstep. One of Australia’s most popular parklands with good reason, here you can cycle, run, picnic and play in 189-hectares of great outdoors.

4. Great schools

Moriah War Memorial College is an Australian independent Modern Orthodox Jewish co-educational day school offering education from Kindergarten through Year 12. It’s a popular choice for many families from Sydney’s eastern suburbs community and located right in Queens Park. Nearby campuses of co-educational Reddam House are non-denominational and also offer K-12.

5. Beach lifestyle

Locals also love the Sydney beach lifestyle that Queens Park offers, with some of Sydney’s finest beaches – Bronte, Tamarama and Bondi – just a couple of kilometres away.

Recent listings in Queens Park:

17 Ashton Street, Queens Park

27 Ashton Street, Queens Park

71 York Road, Queens Park

If Queens Park is on your watch list, don’t hesitate to get in touch with our team today.