Property market & development

Centennial Park property market, zoning & development — NSW 2021

Centennial Park is a compact suburb of about 2,200 people in NSW’s Sydney, dominated by apartments and units. With a median weekly rent of $500 and smaller households averaging 1.9 people, this page brings together verified ABS Census measures to help you gauge the local market and where Centennial Park blocks may hold value. Then audit a specific block to see its exact value and development potential.

Postcode 2021SydneyNSW
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Market snapshot

Centennial Park property market snapshot

Median weekly rent
$500/wk
Median monthly mortgage
$2,466/mo
Median household income
$2,154/wk
Population
2,225
Median age
36
Avg household size
1.9
Private dwellings
1,244
Apartments
70%

Source: ABS Census 2021 · Reference: August 2021 · Suburb-level

Prices & value

Centennial Park house & unit prices — and what yours is worth

We don't publish current Centennial Park sale prices yet. Individual sale records are not published here. Figures shown are suburb-level medians from ABS/Census sources — audit an exact address for property-specific analysis. The figures above are ABS Census measures; for a current, address-specific estimate and value-add scenarios, audit the exact property.

Lifestyle

Centennial Park schools, transport & lifestyle

Schools
0
Ovals & sports grounds
15
Parks
2
Public transport stops
16
Shops
3

Source: OpenStreetMap · as of August 2026 · indicative, counted within the suburb boundary

Value-add

What could you do with a Centennial Park property?

General value-add directions — none of these imply approval for any specific site. Exact feasibility depends on the block and its planning controls.

Cosmetic renovation

Refresh kitchens, bathrooms and finishes to lift value without structural change.

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Second-storey addition

Add living space upward where the existing dwelling and site allow.

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Dual occupancy

Two dwellings on one lot can be viable on suitable blocks under the right controls.

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Granny flat

A secondary dwelling can add rental income or flexible family space.

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Subdivision

Larger or wider lots may support subdivision, subject to minimum-lot rules.

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Knockdown rebuild

Replacing an older dwelling can unlock a site’s full potential.

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Zoning & planning

Centennial Park zoning and planning controls

What you can build in Centennial Park

Primary residential zoneR2 — Low Density Residential
Planning instrumentRandwick Local Environmental Plan 2012; Sydney Local Environmental Plan 2012; Waverley Local Environmental Plan 2012; Woollahra Local Environmental Plan 2014
What the zone allowsprimarily detached houses, with dual occupancies and secondary dwellings on suitable lots
Dual occupancy (duplex)Generally permissible on lots that meet the minimum size
Secondary dwelling (granny flat)Generally permitted on residential lots that meet the NSW housing SEPP criteria
SubdivisionSubject to the minimum lot size — larger, wider lots have more potential

A general guide from the zoning below — exact controls vary by address, instrument and proposal. Audit an exact Centennial Park address →

Centennial Park's residential land is zoned R2 Low Density Residential, R1 General Residential, R3 Medium Density Residential — the starting point for what can be built, before address-level controls.

Residential
R2 Low Density ResidentialR1 General ResidentialR3 Medium Density Residential
Mixed use
MU1 Mixed Use
Recreation
RE1 Public Recreation
Special purpose
SP2 Infrastructure

Planning instrument: Randwick Local Environmental Plan 2012; Sydney Local Environmental Plan 2012; Waverley Local Environmental Plan 2012; Woollahra Local Environmental Plan 2014.

NSW's low- and mid-rise housing reforms are progressively lifting what's permissible near centres and transport across the state, so a Centennial Park site's potential today can differ from its history. Exact controls — zone, height, floor-space ratio, minimum lot size, heritage and any coastal or environmental overlays — vary by address, planning instrument, site and proposal. Confirm them for a specific site.

Zoning source: NSW ePlanning (EPI Primary Planning Layers) · as of August 2026. General and qualified — verify controls for any specific address.

Questions

Centennial Park duplex, zoning & market FAQs

Can I build a duplex (dual occupancy) in Centennial Park?

Often, yes — on a qualifying lot. Centennial Park's residential land is zoned R2, R1, R3, where dual occupancy is generally permissible on sites that meet the minimum lot size and other controls under Randwick Local Environmental Plan 2012; Sydney Local Environmental Plan 2012; Waverley Local Environmental Plan 2012; Woollahra Local Environmental Plan 2014. Whether a specific block qualifies depends on its size, shape and frontage — audit an exact Centennial Park address to confirm.

Can I build a granny flat in Centennial Park?

Usually, yes — on a suitable residential lot. A secondary dwelling (granny flat) is generally permitted on residential lots in Centennial Park that meet the NSW housing SEPP criteria for lot size and setbacks. Audit your Centennial Park address to check feasibility for the exact site.

Can I subdivide a property in Centennial Park?

Sometimes — it depends on your block. Subdivision in Centennial Park is governed by the minimum lot size for the zone under Randwick Local Environmental Plan 2012; Sydney Local Environmental Plan 2012; Waverley Local Environmental Plan 2012; Woollahra Local Environmental Plan 2014; larger or wider lots have the most potential. Audit an exact address to see whether subdivision is on the table.

What can you build in Centennial Park?

Centennial Park's residential land is primarily zoned R2 Low Density Residential, which allows primarily detached houses, with dual occupancies and secondary dwellings on suitable lots. Exact controls vary by address — audit a specific Centennial Park block for what it can become.

What are the current Centennial Park house and unit prices?

We don't publish current sale prices on this page yet — the figures shown are measured ABS Census medians, not live sale data. For a current, address-specific value estimate, run a free Upblock audit.

Where does the Centennial Park data come from?

Population, dwelling and median figures are from the ABS 2021 Census; amenity counts from OpenStreetMap; zoning from the NSW ePlanning planning layers. Each is labelled with its source.

Is my search private?

Public suburb pages never expose an individual owner's identity, contact details or selling intent. Address-specific analysis runs inside Upblock's private audit flow.

Every Centennial Park property has a hidden number.

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Disclaimer: Upblock provides indicative property insights for research purposes only. All information should be verified independently with qualified professionals. This is not financial, legal, or professional advice. Estimates and scenarios are indicative only and do not constitute property valuations.