The Surfside Suburb That’s Making A Big Splash
Maroubra has come a long way in the past decade with the laidback beachside suburb drawing ever-strong demand from families looking for more space and a close connection with nature and the great outdoors. It’s not only the pristine surf beach that’s commanding attention, but the acres of marine parkland, upgraded coast walk and great schools are big drawcards, particularly the International French School and Mount Sinai College.
Our Maroubra specialists Christian West and Tom Sandy report a big rise in buyers from neighbouring suburbs like Coogee and Clovelly looking for better value as well as a more relaxed pace of life. Tom says, “Maroubra has cemented its growing reputation as one of the most family friendly beach suburbs in the east with median house prices rising 26% in the past year and up almost 60% over the past three years. The good news is there are still affordable opportunities for families looking not only for a beach lifestyle but a sense of community along with an increasingly cosmopolitan cafe and dining scene.”
Launched last week, the newly refreshed home at 85 Paine Street, Maroubra backs onto Nagle Park and comes with DA approved plans to build a new two-storey home. Tom says, “On a quiet street around the corner from South Sydney High School and just 450m to Pacific Square’s retail hub, this is one of the most sought-after addresses for families. Move in ready, the three-bedroom home comes with the upside of approved plans to build a luxurious designer home, similar to the one a few doors up that sold last year for circa $3.4m. With a frontage of 8m, this block is wider and bigger with the park literally as an extension of the backyard. There’s no rush to build though as the newly approved plans are valid until 2027 so you can enjoy as is before capitalising on the DA approval.”
If you’re looking for the finished product, 21 Bowen Place, Maroubra is nested in a boutique cul-de-sac between Maroubra Beach and Malabar Headland with views over the golf course to the ocean from the master bedroom so you can watch whales migrate from the balcony. With four large bedrooms, multiple living zones, a landscaped backyard designed with entertaining in mind and a really cool wine cellar, the freestanding home is an ideal turnkey opportunity with double parking including a lock-up garage with internal access.
Young families looking to buy into Maroubra or upgrade from an apartment should check out 32 Mason Street, Maroubra. Bathed in sunshine with a perfect north-east aspect and greenery all around, the fully renovated three-bedroom semi is tucked away in a leafy community minded pocket close to Pacific Square, the International French School and Mount Sinai College. A fluid layout from front to back, tranquil low-maintenance gardens and flawlessly appointed interiors will also appeal to downsizers with the bonus of level access to double parking. For more information, call Christian West on 0432 741 888 or Tom Sandy on 0433 663 415.
This week the sales team secured 21 sales with an average price of $2m and listed 10 new properties.