Suburb Profile Report for Maroubra NSW (2035)

Maroubra House: Median price $1,935,278, Annual capital growth 9.05%, Number of sales 188, Weekly median advertised rent $885

Maroubra Unit: Median price $870,000, Annual capital growth 7.04%, Number of sales 256, Weekly median advertised rent $600

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Over the last year, property investments in Maroubra, 2035 have given investors a capital gain of 9.26%. This compares averagely with the 10.13% for NSW as a whole.

Over the longer term, Maroubra has seen property prices show investors a 43.62% return over the last 3 years. This is worse than over the last 12 months

Sellers are offering property buyers an average discount of -4.88% to buyers in Maroubra at the moment, which is less than average for the rest of NSW.

In the last year 188 properties changed hands in Maroubra, which puts it as the 74th most active market in NSW when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $10620 per annum or $885 every week.

Maroubra is an average performer in NSW when comparing median price capital growth over the last year. Maroubra gave property investors a average capital gain figure when compared to the rest of the state, with 8.75%.

The five-year average increase in median property values for Maroubra,2035 has given property investors a potential capital gain of 51.44% across each of those five years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Maroubra, 2035. Typically our figures indicate that -4.32% is being offered, which puts this NSW suburb at 920th most discounted overall in Australia.

Residents and property investors in Maroubra have been waiting around 42.5 days to sell a property.

Maroubra is 407th on a list of best yielding suburbs for rents in NSW with a 3.59% return

Information supplied by:


May 2017

M
O

W
E
One of Sydney’s Eastern Suburbs, Maroubra has the advantage of being beachside but still just minutes from the CBD. Hence, vacancies are tight in this large suburb, with the average rate falling below 2%.Full summary

Amenities tighten vacancies in eastern suburb

Median house price: $1,837,500

Vacancy rate: 1.95%

Three-year growth: 41.35%

One of Sydney’s Eastern Suburbs, Maroubra has the advantage of being beachside but still just minutes from the CBD. Hence, vacancies are tight in this large suburb, with the average rate falling below 2%.

House prices are quite high in this area at a median of over $1,800,000, but this hasn’t stopped Maroubra from recording consistent growth over a five-year period. In the past 12 months, the suburb reported more than 6% growth, with vendors able to sell houses at discounts of less than 5%.

Maroubra Junction is established in the suburb as one of the major shopping hubs in the district. It is home to a shopping centre that houses supermarkets and specialty shops. Several buses stop here as well. Many clinics are based in this suburb, along with outpatient services connected to the Prince of Wales Hospital. Meanwhile, cafes and restaurants line the path to Maroubra Beach.

Close
Metrics i HOUSE UNIT
$1,935,278 $870,000
0.70% 3.42%
9.26% 8.75%
9.05% 7.04%
$885 $600
188 256
2.38% 3.59%
52.23 42.5

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
Find a mortgage broker in Maroubra NSW
Demographics
Total population 29594
Median household income ($/weekly) 1428
Median age of persons 36
Median housing loan repayment ($/monthly) 2600
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 2913 9.8
    25-34 years 4965 16.8
    35-44 years 4419 14.9
    45-54 years 3760 12.7
    55-64 years 3019 10.2
    Others 10518 35.5
    Age Group
    Census Count Percent(%)
    Not Married 10561 47.7
    Registered Married 9739 44.0
    Defacto Relationship 1837 8.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 15256 56.3
    Croatia 1278 4.7
    Iraq 1042 3.8
    United Kingdom 1114 4.1
    Other 2885 10.7
    Others 5503 20.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 1150 4.4
    Christianity 17175 65.1
    Islam 526 2.0
    Judaism 1619 6.1
    No Religion 5634 21.4
    Others 271 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 783 8.0
    $1,500-$1,999 1083 11.0
    $2,000-$2,499 891 9.1
    $2,500-$2,999 1007 10.2
    $4,000 or more 718 7.3
    Others 5363 54.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 9078 40.0
    Not in the labour force 8080 35.6
    Employed, worked part-time 3950 17.4
    Unemployed, looking for work 818 3.6
    Employed, away from work 782 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 1881 13.6
    Professionals 4315 31.3
    Technicians & trades workers 1375 10.0
    Community & personal service workers 1366 9.9
    Clerical & administrative workers 2262 16.4
    Others 2607 18.9
    Occupation
    Census Count Percent(%)
    Pre-school 491 7.0
    Infants/Primary 1801 25.6
    Secondary 1464 20.8
    Technical or Further Educational Institution 577 8.2
    University or other Tertiary Institutions 2434 34.6
    Others 262 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 10664 39.6
    Flat, unit or apartment 10063 37.3
    Semi-detached, row or terrace house, townhouse 6145 22.8
    House or flat attached to a shop, office 79 0.3
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 4515 42.2
    Fully owned 3361 31.4
    Being purchased 2734 25.5
    Other tenure type 93 0.9
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals