Ride The Maroubra Wave

10 Feb 2023

With continued gentrification and post Covid lifestyle shifts fuelling demand, the laidback beachside suburb of Maroubra continues to attract attention from families looking for more space and an active outdoor lifestyle. Median house prices rose over 26% in 2022 but with the market stabilising now is a great time to buy with an average price of $2.4m meaning Maroubra still offers much more value than neighbouring beachside suburbs of Coogee and Bondi.

Our Maroubra specialist Christian West says, “Maroubra is such an awesome place to live and it’s just getting better. The beach is obviously the biggest drawcard but there’s also a fantastic dining scene from beach cafes like the Grumpy Baker to authentic Italian beachfront restaurants like Barmilano and Japanese dining at Kokoyora to vegetarian hotspot Herb N Sprout. We’re also seeing families gravitate to the suburb for the schools with the International French School and Mount Sinai College.”

The sales team currently have a choice of family homes on the market stretching across the suburb from the exclusive coastal enclave of Lurline Bay to South Maroubra. Christian’s listing at 17 Banks Street, Maroubra holds a coveted position overlooking Lurline Bay with incredible views that sweep across the eastern coastline to the sands at Bondi Beach. Christian says, “This is a fantastic opportunity for the up-sizer on over 560sqm with a flexible seven-bedroom layout and a private backyard oasis with a lagoon-style pool reminiscent of a tropical resort. Available for the first time in over 40 years, homes in this idyllic coastal pocket rarely trade and it’s little wonder as it’s an easy stroll along the coast to Mahon Pool and the north end of the beach.”

At the southern end of the suburb, 12 McIver Place, Maroubra is a beautifully renovated family home that blends California cool with mid-century design and an eco-friendly sensibility over a spacious single-storey layout that’s perfect for the young family. Another great home for families offering exceptional value with a guide of $2.695m to $2.8m is 21 Bowen Place, Maroubra. The freestanding home holds a private elevated position in a family friendly cul-de-sac surrounded by parkland between the surf at Maroubra and Malabar’s secluded beach.

New to the market this week are 10 Hampson Avenue, Maroubra which is a luxurious five-bedroom home with resort-style pool and 893 Anzac Parade, Maroubra which is a unique semi on over 500sqm of land with dual street frontage and a self-contained studio.

David Tyrell’s listing at 14 Wilson Street, Maroubra is one of the suburb’s finest with an exhilarating fusion of architectural excellence and breathtaking views designed by award-winning architect Tim Wright. The two-storey home’s sculptural design echoes the natural beauty of its setting overlooking Lurline Bay with a 6.4m high ceiling wave that cocoons the home in luxury.

It’s shaping up to be a lovely hot and sunny weekend and all our Maroubra homes will be open for inspection tomorrow so come and check them out before hitting the beach and see why this family friendly beachside suburb is such a great place to live.

This week the sales team secured 17 sales with an average price of $3.8m and listed 22 new properties and the management team secure 10 tenancies and listed 10 new properties for lease.