All About Maroubra, Randwick , NSW 2035

Maroubra Real Estate Market Outlook

Thinking about buying in Maroubra? Now could not be a better time, with 18301 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,301,000 with prices in this suburb ranging from $25,000 to $342,875,000. Maroubra is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Maroubra are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Maroubra provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Maroubra to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

Found to the East of central Sydney, Maroubra is a relatively populous suburb, and the largest by area in its Local Government Area of the City of Randwick. The name ‘Maroubra’ is an aboriginal roughly translating to ‘Place of Thunder’. The suburb saw rapid urban development in the 1910s after being redivided into small residential lots. The suburb is primarily residential, however to the south of the municipality is South Maroubra Shopping Village, featuring outlets for a number of large retailers. Maroubra has a rich culture, being represented by a number of well-known sports teams; the suburb is particularly well known for the surfing events that regularly occur off the shores of Maroubra Beach.

Maroubra is just 10 kilometres from the Central Business District of Sydney, and is well-serviced by a number of major roads, allowing expedient travel to and from the bustling city centre. The suburb is also connected to both Central Sydney and many of the other suburbs that skirt the city’s heart by the CBD and South East Light Rail, along with regular bus services; these transport links along with the relative proximity to the centre of Sydney make the suburb a sought-after locality for commuters. Maroubra is a beautiful seaside suburb with a bright future and is a brilliant place live or own property.

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