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PRD Maroubra Market Update 1st Half 2026

Page 1

Maroubra Market Update 1 st H a l f 2 0 2 6

FUTURE DEVELOPMENTS

OVERVIEW

In Q1 2026, Maroubra* had a median house price of $3,150,000, and a median unit price of $1,240,000. This is an annual (Q1 2025 – Q1 2026) price softening of -4.5% for houses but a growth of 2.9% for units. Between Q1 2025 – Q1 2026 house sales tightened (at 109 sales in Q1 2026), but unit sales increased, by 2.1% (to 296 sales in Q1 2026). The Maroubra* market is highly demanded, however as often the case in blue-chip suburbs, higher interest rates and economic conditions can impact sold price offers. This creates a unique opportunity for buyers, as it is not often houses in the area is slightly more affordable. Thus, now is an ideal time to transact.

CHANGE FROM LAST

YEAR

Maroubra will see approximately $242.1M of new developments due to commence construction in 2026. Residential $14.5M Commercial

HALF YEAR

$4.7M

HOUSE SALE S

Infrastructure Mixed-Use

HOUSE ME DIAN PRICE

$94.7M

Projects $127.8M

HOUSE RE NTAL PRICE

UNIT SALE S There are some residential and mixeduse projects bringing new stock to Maroubra; including:

UNIT ME DIAN PRICE UNIT RE NTAL PRICE

$ MARKET CONDITIONS MEDIAN PRICE Q1 2026

$3.2M

$1.2M

MEDIAN PRICE Q1 2026

$1.7K

SALES

AVERAGE DAYS ON MARKET Q1 2026

42

39

HOUSE

U N I T

RENTALS

$920

195-213 Fitzgerald Avenue & 40-64 Yorktown Parade Maroubra Affordable Housing (144 Units)

19 Minneapolis Crescent Dwellings (4 Dwellings)

42 New Orleans Crescent Townhouses (3 Townhouses)

Most of the planned projects in the Maroubra* pipeline are units. This will help answer demand but compared to Q1 2026 sales of 109 houses and 296 units, it is not enough. Therefore, an undersupply in housing stock is highly likely. This will stimulate higher prices, thus a recovery in the house market and a more expensive unit market.

AVERAGE DAYS ON MARKET Q1 2026

18

15

HOUSE

U N I T

3 Townhouses

211 Units/ Apartments

10 Dwellings


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