Suburb Profile

Suburb Spotlight – MAROUBRA

By February 15, 2021 No Comments

Location

Situated 11kms south-east of the Sydney CBD, Maroubra offers the perfect balance of recreational space and amenity. Famous for its surf breaks and the occasional controversy, this beachside suburb has evolved into one of the Eastern Suburbs most desired coastal addresses. The suburb boasts two surf lifesaving clubs; Maroubra SLSC and South Maroubra SLSC and is credited as the training ground for some of Australia’s surfing legends. With sporting fields and abundant parks, it’s also home to Des Renford Leisure Centre with its very own 50m outdoor Olympic swimming pool. The suburb is well served by schools including Maroubra Bay Public, St Mary – St Joseph Catholic Primary, Mount Sinai College and the International French School to name a few. Many bus routes run through Maroubra with Anzac Parade offering easy connection to express city buses.

What The Locals Love

Often referred to as ‘The Bra’, this famous beachside suburb has an ingrained surfing culture at its heart. Whether it’s a surf before work, a leisurely dip at Mahon Pool, yoga on the headland or getting out on the coastal walk, Maroubra locals love catching a sunrise. With playgrounds, a skate park and nippers for the kids, it’s easy to see why the suburb has become a firm family favourite. Off duty locals can be found picking up coffee at the Grumpy Baker, dining at one of the cafes down by McKeon Street or meeting friends for sundowners at The Bay Hotel and Diner. Locals are spoilt for fresh produce and gourmet delights at Pacific Square in Maroubra Junction with supermarkets, seafood markets and piazza-style dining on offer. And, who could go past the baguettes from La Boulangerie or the antipasto from Deli Hub?

Fun Fact

Maroubra once had its very own race car track. On the site of what is now Coral Sea Park, the Maroubra Speedway or ‘Olympia Motor Speedway’ as it was formally known, opened in 1925 to a crowd of 70,000 people. Featuring a one-mile concrete bowl, the speedway played an integral role in the evolution of speedway racing in Australia.

Current Market

According to the latest data from realestate.com.au, median property prices in Maroubra over the last year range from $2,127,500 for houses to $897,500 for units. When it comes to investment properties, houses in the suburb rent for $900 per week on average and units for $550 per week. The demographic is dominated by independent youth (18.2%) and maturing and established independents (18%), followed by established couples and families (13.6%).

The average age of those living in Maroubra fall into the 20-39 age bracket according to the latest data from domain.com.au with owner-occupiers making up 56% of its current population.

Check out the most recent sales by the Adrian Bo team in Maroubra. If you’re thinking of buying or selling, reach out to my team for an in-depth discussion of the coastal market.

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