Maroubra Property Market Update 1st Half 2025
Maroubra is a beachside suburb located 10 kilometres from Sydney CBD, in New South Wales. It is home to one of the closest surfing beaches to Sydney. With a mix of ocean view homes to cozy units, a thriving café scene and modern amenities, Maroubra is a great spot to live.
Property Trends
In Q1 2025, Maroubra recorded a median house price of $3,150,000 and a median unit price of $1,200,000. This represents an annual (Q1 2024 – Q1 2025) softening of -5.5% for houses and -0.8% for units. Comparing Q1 2024 and Q1 2025, total sales surged by 18.7% (to 165 sales) for houses and 20.4% (to 419 sales) for units. There is a highly demanded market in Maroubra, as number of sales have increased, but higher interest rates have also impacted property prices. There is a slightly more affordable market in Maroubra, which opens a rare and key opportunity for buyers and investors. Time is of the essence, due to the low number of new housing stock planned in 2025.
Project Development
Maroubra will see approximately $781.9M of new projects commencing construction in 2025. A main state government infrastructure project is the Port Botany Rail Terminal Expansion ($400.0M), which will improve efficiency and allow for greater transportation of goods to and from Port Botany. There are approx. 21 units/apartments, 4 townhouses and 51 dwellings planned, and whilst this will assist with demand it is still not enough.
Rental Market & Growth
House rental yields in Maroubra were 2.0% as of March 2025, below the Randwick LGA (2.6%) and Sydney Metro (2.7%). That said, median house rental price increased by 6.3% in the past 12 months to Q1 2025, at $1,595 per week; whilst the number of houses rented increased by 11.8% (to 133 houses) in Q1 2025. This indicates a highly demanded house rental market in Maroubra, which is beneficial to investors. Unit rental yields in Maroubra were 4.5% in March 2025, and with a more affordable entry/sale price, is a key opportunity for first time investors.
Vacancy Rates & Property Investment
Maroubra recorded a vacancy rate of 1.0% in March 2025, below the Randwick LGA average of 1.3% and Sydney Metro’s 1.3%. Vacancy rates have fluctuated in the past 12 months, but overall showed a slightly increasing pattern, due to investors returning to market. That said, a 1.0% vacancy rate is still well below the Real Estate Institution of Australia’s healthy benchmark of 3.0%, indicating quicker occupancy of rental homes in Maroubra. This creates a conducive investment for investors, especially with a slightly more affordable house and units sales (and thus entry) price in Q1 2025.
