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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 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:

Common questions about Maroubra

  • Is Maroubra a nice place to live?

    Maroubra is a delightful coastal suburb that offers a fantastic lifestyle for those who appreciate the perfect blend of urban convenience and seaside tranquility. Known for its stunning beach, Maroubra provides a relaxed atmosphere that is ideal for families and individuals seeking a balanced lifestyle. The suburb's vibrant community is complemented by a range of amenities, including shopping centers, cafes, and parks, making it a great place for families to settle down. The local schools are well-regarded, adding to the suburb's appeal for those with children.

    Safety is generally not a major concern in Maroubra, contributing to its reputation as a family-friendly area. The suburb's proximity to the Sydney CBD, just 10km away, ensures that residents have easy access to the city's offerings while enjoying the peaceful coastal vibe. For those who love the outdoors, Maroubra Beach is a popular spot for surfing and swimming, providing endless opportunities for recreation and relaxation.

    However, living in Maroubra does come with some trade-offs. The ongoing developments, such as the redevelopment of Maroubra Junction and proposed infrastructure improvements, may lead to increased foot traffic and property demand, potentially affecting the suburb's current tranquility. Additionally, while the suburb offers a mix of modern apartments and traditional homes, property prices can be on the higher side due to its desirable location.

    Overall, Maroubra is a charming suburb that caters to a diverse community, including families, professionals, and retirees. Its combination 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.

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  • Is it expensive to live in Maroubra?

    Living in Maroubra can be quite expensive, particularly when it comes to housing. The median house price is a hefty $3,367,500, which is significantly higher than many other suburbs in Sydney. For those considering apartment living, the median unit price is also steep at $1,260,000. Renting isn't much of a respite either, with houses averaging $1,150 per week and units around $825 weekly. These figures suggest that a substantial portion of your income would be allocated to housing if you choose to live in Maroubra.

    When you compare this to the average wage in Sydney, which is about $108,000 per year, it's clear that living in Maroubra would require careful financial planning. The median total household income in Maroubra is $2,141 per week, which is relatively high, but the cost of property and rent still makes it a pricey suburb to call home. While Maroubra offers a beautiful beachside lifestyle and a family-friendly environment, it's important to assess whether your financial situation can comfortably support the costs associated with this desirable location.

    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 both house and unit values experiencing significant growth over the past year. The median house value has increased by an impressive 14.7%, while units have seen an 11.5% rise. This upward trend indicates a strong demand for properties in the area, making it an attractive option for investors looking for capital appreciation.

    While the rental market for houses has remained stable with no change in rent over the last 12 months, units have seen a 6.5% increase in rental prices. This suggests that units are becoming increasingly popular among renters, potentially due to their affordability compared to houses. The growing rental demand for units could provide investors with a reliable source of rental income.

    Overall, Maroubra's combination of rising property values and increasing rental demand for units makes it a compelling choice for investors. Its coastal lifestyle, proximity to the city, and community amenities add to its appeal, ensuring continued interest from both buyers and renters. As such, Maroubra presents a balanced investment opportunity with potential for both capital growth and rental returns.

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