Maroubra suburb profile
Maroubra is a vibrant coastal suburb located in Sydney's eastern suburbs, renowned for its stunning beach and relaxed lifestyle. Just 10km from the Sydney CBD, Maroubra offers a perfect blend of urban convenience and seaside tranquility. The suburb is famous for Maroubra Beach, a popular spot for surfing and swimming, attracting both locals and visitors. With a mix of modern apartments and traditional homes, Maroubra caters to a diverse community. Its local amenities include shopping centers, schools, and parks, making it an ideal location for families and professionals seeking a balanced lifestyle.
Maroubra property market performance
Maroubra’s property market has shown robust growth over the past 12 months, with house values increasing by 14.7% and unit values rising by 11.5%. The median house price over the past three months has averaged $3.37 million, while units have averaged $1.26 million, indicating strong demand across both property types.
Sales activity has been active, with 60 houses and 73 units sold in the past three months. Units are selling faster than houses, with a median time on market of 36 days compared to 44 days for houses, suggesting a competitive unit market.
The rental market in Maroubra has seen varied changes over the last 12 months. While the average rent for houses has remained stable, unit rents have increased by 6.5%, reflecting a growing demand for rental units in the area.
Median price - houses$3MPast 3 months
Median price - units$1.10MPast 3 months
Change in value - houses9.2%12 months
Change in value - units9.9%12 months
Houses sold49Past 3 months
Units sold76Past 3 months
Median DOM - houses45Past 12 months
Median DOM - units37Past 12 months
Average rent - houses$1100Past 12 months
Average rent - units$830Past 12 months
Change in rent - houses-8.3%Past 12 months
Change in rent - units5.1%Past 12 months
Maroubra demographics
Maroubra, located in Sydney's Eastern Suburbs, is renowned for its stunning beach, family-friendly environment, and vibrant community life. With a population of 30,722, it offers a blend of coastal charm and urban convenience, making it a desirable location for families, professionals, and retirees alike. The median age of 39 reflects a mature community, with many residents enjoying the suburb's relaxed lifestyle and proximity to both the city and the sea.
The suburb's housing landscape is diverse, with a significant portion of properties being owned outright (30.8%) or with a mortgage (25.0%), indicating a stable and established community. However, with 44.1% of properties rented, Maroubra also attracts those seeking flexible living arrangements, including young professionals and students. The median total household income of $2,141 per week suggests a relatively affluent community, supported by a range of local amenities and services.
Family life is a cornerstone of Maroubra, with 44.6% of households being couple families with children, and 38.0% being couple families without children. This highlights the suburb's appeal to families who value the combination of excellent schools, parks, and recreational facilities. The presence of one-parent families (15.3%) and other family types (2.1%) adds to the suburb's diversity, fostering a welcoming and inclusive atmosphere. Maroubra's blend of natural beauty, community spirit, and accessibility makes it a sought-after destination for those looking to enjoy the best of Sydney's coastal living.
Maroubra infrastructure, key developments and investment opportunities
Maroubra is experiencing several developments that could impact its property market. The ongoing redevelopment of Maroubra Junction is set to revitalize the area with new retail spaces and improved public amenities, potentially increasing foot traffic and property values in the vicinity. Additionally, the planned upgrades to Maroubra Beach facilities, including enhanced parking and recreational areas, aim to boost the suburb's appeal to both residents and visitors.
Infrastructure improvements, such as the proposed extension of the light rail network to Maroubra Junction, could significantly enhance connectivity and potentially drive up property demand along the route. The suburb's proximity to the University of New South Wales and its well-established school catchments continue to attract families and students. These developments, combined with Maroubra's coastal lifestyle and ongoing gentrification, are likely to sustain strong interest in the local property market.
Maroubra rental market trends
The rental market in Maroubra has shown stability, with house rents remaining unchanged at $1,150 per week over the past year, while unit rents have increased by 6.5% to $825 per week. This coastal suburb continues to attract renters and investors with its appealing lifestyle and steady rental demand.
Suburbs near Maroubra
Some popular suburbs near Maroubra include: