Suburb Profile Report for Maroubra NSW (2035)

Maroubra House: Median price $2,052,500, Annual capital growth 9.69%, Number of sales 184, Weekly median advertised rent $900

Maroubra Unit: Median price $920,000, Annual capital growth 7.38%, Number of sales 240, Weekly median advertised rent $610

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

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

Information supplied by:


May 2017

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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
$2,052,500 $920,000
5.26% 5.14%
15.31% 12.20%
9.69% 7.38%
$900 $610
184 240
2.28% 3.45%
48.19 50.92

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
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