Maroubra has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 9.82% to date .
Across a shorter period, Maroubra, 2035 has seen a median price increase of 1.38% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Maroubra is offering property investors an average of -5.35. This rate of discount on properties puts Suburb at number 874th in terms of most discounted suburbs in NSW
On average over the past year, suburb has had 15.67 sales per month, which equates to 188 per year.
Advertised rents are around the $880 mark per week – giving a return of 2.38% based on the median price in Suburb
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 7.50%
Over the longer term, Maroubra has seen property prices show investors a 37.38% return over the last 3 years. This is worse than over the last 12 months
Maroubra2035 is located in NSW which offers an average discount of -4.23% to property investors. Maroubra itself is showing figures that indicate -6.00% is the average achievable by property buyers investing in the suburb.
Renters in Suburb are facing rents around $7200 per annum or $600 every week.
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.