Maroubra Property Market Update 1st Half 2026
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 2026, Maroubra recorded a median house price of $3,150,000, and a median unit price of $1,240,000. This is an annual (Q1 2025 – Q1 2026) price softening of -4.5% for houses but a price growth of 2.9% for units. Between Q1 2025 – Q1 2026 house sales declined (at 109 sales in Q1 2026), but unit sales increased, by 2.1% (to 296 sales in Q1 2026). The Maroubra market is highly demanded, however as often the case in blue-chip suburbs, higher interest rates and economic conditions can impact sold price offers. This creates a unique opportunity for buyers, as it is not often houses in the area is slightly more affordable. Thus, now is an ideal time to transact.
Project Development
Maroubra will see approx. $242.1M of new projects commencing construction in 2026. The largest project is the Fitzgerald Avenue & Yorktown Parade Affordable Housing Development, bringing 144 affordable units to the area as a State Government project. There are approximately 211 units/apartments, 10 dwellings, and 3 townhouses planned for construction in 2026. However, compared to Q1 2026 sales (109 houses and 296 units) an undersupply is highly likely, which can stimulate a price recovery in the market.
Rental Market & Growth
House rental yields in Maroubra were 2.3% in March 2026, slightly lower than Randwick LGA (2.6%) and Sydney Metro (2.8%). That said, median house rental price increased by 5.7% in the past 12 months to Q1 2026, at $1,675 per week. The number of houses rented did decline, by -0.8% in the past 12 months, to 131 rentals in Q1 2026. There is still an undersupplied rental market in Maroubra, which continues to be beneficial for investors.
Vacancy Rates & Property Investment
Maroubra recorded a vacancy rate of 1.3% in March 2026, lower than Randwick LGA’s 1.7% but higher than Sydney Metro 1.1% average. Vacancy rates in Maroubra increased in the past 12 months, due to more investors entering the rental market. That said, a 1.3% vacancy rate is still well below the Real Estate Institution of Australia’s healthy benchmark of 3.0%. This suggests there is quicker occupancy of rental homes in Maroubra. This is an ideal environment for investors, especially with a slightly lower median house sales price (thus, entry price) in the past 12 months to Q1 2026.
