Investment property in Maroubra has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.82%
Maroubra,2035 has offered an average of 6.82% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Maroubra should be aiming for at least -4.15% off the asking price, which is the average vendor discount being achieved at the moment.
At number 889 in a list of fastest selling suburbs, Maroubra is in the TOP 30% of suburbs in Australia with an average of days on market 60.61 for properties listed there.
Property investors who have had real estate in Maroubra, 2035 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 6.77%
The five-year average increase in median property values for Maroubra,2035 has given property investors a potential capital gain of 45.18% across each of those five years.
At number 31th of NSW’s most discounted properties, Maroubra is in the bottom 10% of the state/territory when listing in order of most discounted to least.
The beachside suburb of Maroubra lies around 10km south-east of the Sydney CBD and 3km south of Coogee. It doesn’t have its own railway station, but has a good road link to the city in the form of Anzac Parade – along which several bus services run.Full summary
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The beachside suburb of Maroubra lies around 10km south-east of the Sydney CBD and 3km south of Coogee. It doesn’t have its own railway station, but has a good road link to the city in the form of Anzac Parade – along which several bus services run.
Maroubra Junction holds the bulk of the shopping action, including the Pacific Square shopping centre. Maroubra’s median house price is over $1m according to RP Data, meaning that units – with a median of less than $600,000 – will hold the lion’s share of Maroubra’s realistically priced investment and renovation opportunities.