Maroubra has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 15.31% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Maroubra has increased when compared to the 5 year average annual rate.
Vendor discounting in Maroubra is giving property investors an average Vendor Discount of around -5.05%. This puts suburb at number 331th in NSW when ranking the most discounted suburbs.
On average over the past year, suburb has had 15.33 sales per month, which equates to 184 per year.
Maroubra is 1054th on a list of best yielding suburbs for rents in NSW with a 2.28% return
Over the last year, property investments in Maroubra, 2035 have given investors a capital gain of 12.20%. This compares favourably with the 8.39% for NSW as a whole.
While Maroubra,2035 ranked number 90th in NSW for increase in median house value (annualised) increase, it is ranked 205th over the last 5 years.
Maroubra2035 is located in NSW which offers an average discount of -4.11% to property investors. Maroubra itself is showing figures that indicate -3.18% is the average achievable by property buyers investing in the suburb.
Maroubra is 450th on a list of best yielding suburbs for rents in NSW with a 3.45% return
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