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Maroubra is a suburb in Sydney, New South Wales, Australia and is approximately 10km south of the Sydney CBD. It is a beachside suburb and it falls under the local government area of the city of Randwick. It also happens to be the largest suburb under this council.
Due to its proximity to both beaches and the city, Maroubra is a popular suburb for property investors as it appeals to many times of people. From city dwellers to people with boats, surfers and swimmers. It is a very spacious suburb. It has a major shopping area, so there is plenty to do for everyone in Maroubra. The town has a great variety of aspects to make it investable. Maroubra is also known for its natural beauty and this will attract many different types of people.
Some property investors in Maroubra are looking for houses with potential for renovation as they can be bought for less and profit will be turned in time. Other property investors are looking for properties which are ready to move into immediately are immediately profitable. Metropole’s buyers agents will help you find a property that is already investment-grade.
The most common types of properties are mainly renovated houses then closely followed by apartments. Most of these houses are being sold at auction so this could be a chance for property investors to grab a bargain.
The undoubted top amenity is the Maroubra beach where people swim, surf, kayak, sail and play. Since this beach is registered as a surfing competition venue, it attracts a lot of people throughout the years. There is a major shopping area known as Pacific square.
The main local industries include Retail Trade, Health Care and Social Assistance and Financial and Insurance Services with all of these industries having over 1000 people employed in 2011. These figures have definitely risen in the time in between now and then.
The public transport available in Maroubra includes taxis, trains (5-10 minute walk to station) and buses which can take you into the CBD.
The two main roads in Maroubra are the Anzac Parade which stretches all the way through the suburb and also Maroubra road which intersects the Anzac parade and even goes into the neighbouring suburb Coogee.
A a sought after street in Maroubra to invest in property is Bond Street. It is very close to the beach with ocean views and it is very open. It has a wide range of apartments and houses which can cater for families and couples. Another street great for investment is Paine Street. This street is very close to all facilities and is within walking distance of the beaches and parks in Maroubra and is also considered a quiet street.
Over the years the experiences Buyer’s Agents at Metropole have helped many property investors and home buyers purchase in this area. Why not click here and leave your details so we can be in contact and help you with your property search the best investment property for your portfolio in Maroubra.
Maroubra is a beachside suburb in the Eastern Suburbs of Sydney and located South-East of Sydney CBD.Maroubra is the largest suburb in the area governed by Randwick City Council in both area and population.
Distance from CBD: 10 km South East
Average Annual Growth: 9.10%
No. Years to double in value: 7.9 years
Total population: 29,594
Median Household Income: $1428 (weekly)
Walk Score: 74 – Very Walkable