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Maroubra suburb profile

Maroubra is a vibrant coastal suburb located in Sydney's eastern suburbs, renowned for its stunning beach and laid-back 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 sunbathing, attracting both locals and tourists. With a strong sense of community, Maroubra features a variety of cafes, restaurants, and shopping options, along with excellent public transport links. Its mix of modern apartments and traditional homes makes it an appealing choice for families, professionals, and beach enthusiasts.

Maroubra property market performance

Current median dwelling price$2,087,500Past 3 months

Property growth+7.1%Past 12 months

Maroubra's property market has shown stability and growth over the past 12 months. The median house price has remained steady at $3 million, while unit values have surged by 17.1%, bringing the median unit price to $1.175 million. This indicates a strong demand for units in the area.

Sales activity has been robust, with 62 houses and 53 units sold over the past 12 months. However, houses are taking longer to sell, with a median of 74 days on the market, compared to 50 days for units, suggesting a quicker turnover in the unit market.

The rental market in Maroubra has seen modest changes, with house rents remaining unchanged at $1,300 per week, while unit rents have increased by 3.1% to $820 per week, reflecting a slight uptick in demand for rental units.

HousesUnits
Median price
Past 3 months
$3M$1.18M
Change in value
Past 12 months
-3.0%17.1%
Sold
Past 3 months
6253
Median days on market
Past 12 months
7450
Average rent
Past 12 months
$1300$820
Change in rent
Past 12 months
-3.7%3.1%

5 year median price trend for houses and units

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Maroubra demographics

Maroubra, located in Sydney's Eastern Suburbs, is renowned for its stunning beach, relaxed coastal lifestyle, and family-friendly environment. With a population of 30,722, Maroubra offers a blend of urban convenience and natural beauty, making it a desirable location for families, professionals, and retirees alike. The median age of 39 reflects a mature community that values both stability and the vibrant lifestyle that comes with living near the ocean.

The suburb's housing market is diverse, with a significant portion of properties owned outright (30.8%) or with a mortgage (25.0%), indicating a stable and established community. However, with 44.1% of properties being rented, Maroubra also appeals to those seeking flexibility, including young professionals and students. The median total household income of $2,141 per week suggests a relatively affluent community, attracted by the suburb's amenities and lifestyle offerings.

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 both growing families and those enjoying a quieter, child-free lifestyle. The presence of one-parent families (15.3%) and other family types (2.1%) adds to the suburb's diverse demographic profile. Maroubra's combination of beachside living, community spirit, and accessibility to Sydney's CBD makes it a sought-after location for those looking to enjoy the best of both worlds.

Maroubra infrastructure, key developments and investment opportunities

Maroubra is experiencing significant development activity that's set to enhance its appeal for property investors. The Maroubra Junction area is currently undergoing revitalization with several mixed-use developments that will introduce new residential apartments alongside expanded retail and dining options, potentially increasing property values in the central district. The beachside suburb has also seen the commencement of infrastructure improvements along Maroubra Road, aimed at improving traffic flow and pedestrian access between the beach precinct and Maroubra Junction.

Recent upgrades to public transport connectivity have strengthened Maroubra's accessibility to Sydney CBD, making it increasingly attractive to commuters. The suburb's educational appeal continues with ongoing enhancements to local schools, supporting strong family demand in the area. With its combination of coastal lifestyle, improving infrastructure, and proximity to both city employment hubs and Eastern Suburbs amenities, Maroubra remains a solid prospect for long-term property investment in Sydney's eastern beaches corridor.

Maroubra rental market trends

The rental market in Maroubra has shown stability, with house rents remaining unchanged at $1,300 per week over the past year, while unit rents have experienced a modest increase of 3.1% to $820 per week. This steady performance highlights Maroubra's appeal as a coastal suburb offering a balanced lifestyle for both renters and investors.

Suburbs near Maroubra

Some popular suburbs near Maroubra include:

How does Maroubra compare to nearby suburbs?

  • Median house prices: Maroubra’s median house price is 48.5% higher than Botany’s.
  • Median unit prices: Maroubra’s median unit price is 38.2% higher than Botany’s.
  • House price growth: Property prices in nearby South Coogee have risen 17.0% more than in Maroubra over the past year.
  • Unit price growth: Over the past 12 months, unit prices in Maroubra have grown 9.5% higher than in Coogee.
  • Selling speed for houses: Properties in Maroubra are selling 24.5% faster than in South Coogee.
  • Selling speed for units: Properties in Maroubra are selling 9.1% faster than in Botany.
  • Investment considerations: In Maroubra, the rental yield for house is 48.9% higher than the Sydney average, while the rental yield for units is 10.1% higher.
  • House price growth: Over the past 12 months, house prices in Maroubra have grown 57.2% higher than the average rate of growth across Sydney.
  • Unit price growth:Over the past 12 months, unit prices in Maroubra have grown 25.8% higher than the average rate of growth for units across Sydney.

Common questions about Maroubra

  • Is Maroubra a nice place to live?

    Maroubra is a delightful suburb offering a harmonious blend of coastal charm and urban convenience, making it a wonderful place to call home. Known for its relaxed vibe and stunning natural beauty, Maroubra provides residents with a peaceful lifestyle while still being within easy reach of Sydney's bustling CBD. The suburb's vibrant community is enriched by a variety of cafes, restaurants, and shopping options, ensuring that there's always something to do or explore. Families will find Maroubra particularly appealing, thanks to its family-friendly environment and excellent local schools, which cater to the educational needs of children.

    Safety is generally not a major concern in Maroubra, with the suburb maintaining a welcoming and secure atmosphere. The proximity to the beach offers endless opportunities for outdoor activities, from surfing to leisurely walks along the shore, making it a paradise for those who love the ocean. However, living in such a desirable location does come with trade-offs, such as higher property prices and the occasional congestion during peak tourist seasons. Despite these, the suburb's strong sense of community and the ongoing infrastructure improvements make it an attractive option for both families and professionals.

    While Maroubra may not have the nightlife of inner-city suburbs, it compensates with its serene coastal lifestyle and the convenience of nearby amenities. The suburb's diverse housing options, from modern apartments to traditional homes, cater to a wide range of preferences and budgets. For those seeking a balance between city life and beachside tranquility, Maroubra offers an enviable lifestyle that is hard to resist.

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  • Is it expensive to live in Maroubra?

    Living in Maroubra can be quite pricey, especially when you look at the housing market. The median house price is a hefty $3,000,000, which is significantly higher than many other suburbs. If you're thinking about renting, houses go for an average of $1,100 per week, while units are a bit more affordable at $825 per week. These figures suggest that housing costs in Maroubra are on the higher end compared to other areas.

    When you compare this with the average wage in Maroubra, which is around $73,000 per year, it's clear that a large chunk of income would need to be allocated to housing. The median total household income weekly is $2,141, which is relatively high, but still, the property prices and rents in Maroubra would require careful budgeting.

    Overall, Maroubra offers a desirable beachside lifestyle, but it's important to consider the financial commitment involved. If you are thinking of living in Maroubra, it's crucial to evaluate your financial situation to ensure it aligns with the costs associated with this suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Maroubra a good place to invest?

    Maroubra is showing promising signs as a solid investment suburb, with notable growth in both house and unit values over the past year. The median house value has increased by 13.4%, while unit values have seen an 11.3% rise. This upward trend indicates a strong demand for properties in the area, making it an attractive option for investors looking for capital growth.

    While the rental market for houses has remained stable with no change over the last 12 months, units have experienced a 3.8% increase in rent. This suggests a growing interest in unit living, possibly due to affordability and lifestyle preferences. Maroubra's coastal location and proximity to the city make it a desirable place for both renters and buyers, contributing to its steady market performance.

    Overall, Maroubra offers a balanced investment opportunity with its combination of capital growth potential and rental demand, particularly in the unit market. Its appeal as a coastal suburb with easy access to urban amenities ensures ongoing interest, making it a worthwhile consideration for investors seeking a mix of growth and stability.

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Choose the right real estate agents in Maroubra

Choosing the right real estate agent in Maroubra can have a big impact on your sale. While there are 129 real estate agents working in the suburb, but just 5 of them were responsible for 33.7% of all property sales over the past year, showing a strong footprint and track record in the area.

Commission rates typically range from 1.77% to 2.03%, depending on the agent and what’s included. Comparing both performance and fee structures can help you find someone who's well-suited to your needs, and set them up for a successful result.

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