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PRD  →  Research Hub  →  Maroubra Research Factsheet 1st Half 2018

Maroubra Research Factsheet 1st Half 2018

Maroubra is proving itself to be a secure and well-sought-after market. The property market in Maroubra, particularly postcode 2035/2036, recorded a median house price of $2,019,500 and $890,000 for units in Q1 2018, which represents an annual price change of 5.2% and 4.7% respectively. Over the same period of time (Q1 2017-Q1 2018), house prices in the City of Randwick Local Government Area (LGA) softened by -2.4% to $2,200,000 and unit prices by -2.1% to $933,000. Compared to the LGA, houses and units are more affordable in postcode 2035/2036 and with higher capital growth. The positive price growth in postcodes 2035/2036 is a contrast to the softening Sydney market, thus confirming Maroubra as an investment hotbed.

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