Maroubra is a sizeable suburb in New South Wales within the Randwick local government area (postcode 2035). With a population of 30,722, the suburb has an established family demographic with a median age of 39. Households earn a median income of $111K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward healthcare and professional services. The top ancestries reported are English, Australian, Chinese.
Maroubra has a median house price of $2.9 million, which has fallen by 3.5% year-on-year. Units have a median price of $1.2 million (-0.7% YoY). The current median weekly rent is $898. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $3,000.
Maroubra is served by 8 schools, including 4 primary, 2 secondary, 1 combined, 1 special. The average ICSEA score is 1059, which is above the national average of 1,000. Public transport access includes 125 bus stops. The crime rate in the Randwick LGA is below average at 2,628 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 1.6% (low yield). Property prices are above the state median ($2.9M/$1.5M), placing it in the premium segment. The price-to-income ratio of 26.0x is considered stretched. House prices have moved -3.5% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.