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 11.73%
Across a shorter period, Maroubra, 2035 has seen a median price increase of 3.06% over the last quarter.
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.
Using the current median advertised rental of $900 and the average annual increase in value of a median property of 9.44%, investors should hope to achieve an overall return of 2.34%
With a capital gain of 11.80% for the last 12 months, Maroubra, 2035 has performed for property investments than its average annual 7.30% property growth over the last 5 years.
A 57.07% growth in median value for property investors in Maroubra,2035 puts this suburb at number 111th in terms of best performing suburbs in NSW
Property investors looking for a bargain in Maroubra should be aiming for at least -4.14% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $600 and the average annual increase in value of a median property of 7.30%, investors should hope to achieve an overall return of 3.47%
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
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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