Recent sales in Maroubra are proving that the laidback beach suburb is drawing ever-growing demand from buyers looking for more space and a quieter lifestyle. In the past there’s been a perception that Maroubra is a bridesmaid suburb, away from the spotlight of neighbouring beachside hotspots like Bronte and Bondi, but there’s been a shift over the last year as families finding themselves priced out of those areas are heading south. In fact, properties in Maroubra are selling so quickly that 54 Alma Road, Maroubra sold this week before it launched to market to a database buyer just 24 hours after the marketing shoot, before it could even be listed. Another sale this week was the oceanfront property at 20 Marine Parade, Maroubra which sold after only a week on the market for circa $9m which secured a 50% growth over three years for the vendors.

Our Maroubra specialist Christian West says, “Maroubra is a fantastic place to live and it seems that its finally getting the attention from buyers it deserves. Any property trading over $3m is drawing huge interest from families looking to upsize with 90% of the buyers we’re engaging with coming from the more expensive stretch of the east from Randwick to Bondi. Space is a big factor but we’re also finding that one in four buyers are gravitating to Maroubra for the schools with the International French School and Mt Sinai College big drawcards. Our database of buyers looking in the area is growing exponentially and our listings are being snapped up quickly. This week’s sale of 20 Marine Parade, Maroubra is a great example with 15 contracts issued and 23 private inspections held before a family looking for a sea change purchased the oceanfront home prior to auction.”

If you’re looking to buy in Maroubra, we have a choice of great homes that have just hit the market. First home buyers or investors should check out 4/20-22 Maroubra Road, Maroubra which is a perfect market entry for sale for $725K-$775K. The one-bedroom apartment features its own private entry and big travertine-paved courtyard giving it a relaxed house-like feel.

Families looking to live in a quiet family friendly neighbourhood close to great schools and parks will love 29 Metcalfe Street, Maroubra which is around the corner from Quarry Park (buyer’s guide $2.75m). The renovated four-bedroom home is big on space and sunshine with a level child-friendly garden and parking for four cars. If it’s a resort-style vibe you’re after, 86 Robey Street, Maroubra comes with a landscaped backyard that’s dedicated to outdoor fun with a big pool and entertainer’s pavilion just a few houses up from Heffron Park (buyer’s guide $3.2m). All three properties will be available for private inspection on Saturday and Sunday so please get in touch with Christian West on 0432 741 888 or Tom Sandy on 0433 663 415 to arrange a private one-on-one viewing.

This week the sales team secured 18 sales with an average price of $4.1m and listed 26 new properties. Take care, stay safe and keep connected.