2/49 Mermaid Avenue, Maroubra, NSW 2035 | Property Value & History | OnTheHouse
OFF MARKET

2/49 Mermaid Avenue
Maroubra NSW 2035

Bedrooms: 7
Bathrooms: 6
Car spaces: -
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Property Details for 2/49 Mermaid Ave, Maroubra

2/49 Mermaid Ave, Maroubra is a 7 bedroom, 6 bathroom House.

Building Type
House
Local Government
Randwick

Last Listing description (February 2023)

Commanding exquisite never to-be-built-out views across Sydney's most revered coastline and perched up high overlooking Lurline Bay, these two residences are being sold in one line and represent a truly unique opportunity to buy into a highly coveted pocket. The properties showcase a perfect north facing aspect, sublime ocean breezes and a standout position between two of Sydneys best beaches and must be seen to be believed. 2 Lurline Street built in 1941 occupies an incredible corner position over an expansive 1062sqm parcel and with only 3 previous owners is offered to market for the first time in 39 years. Nodding to both Art Deco and P&O architectural styles is a fantastic display of timeless grandeur, elegance and unbelievable scope to update. With 49 Mermaid Avenue placed quietly by its side a myriad of possibilities await, along with exceptional rewards restricted only by the imagination of the lucky buyer! These residences offer a rare opportunity to enjoy the best combination of coastal living and Sydney sophistication with its easy access to schools, shopping centres and the CBD.

- North-facing position perched up high overlooking ocean

- Boasting an impressive combined frontage of 30 metres approx.
- 2 Lurline St occupies a prized corner position over 575.4sqm
- Generous proportions and cascading a multi-level layout
- Vast gourmet kitchen with Miele and Gaggenau appliances
- Master with walk in robe, spa bathroom with ocean views
- Huge billiard room, full bar, travertine edge pool plus spa
- Self-contained one-bed unit with Miele, Wolf, Liebherr apps
- Surround sound, reverse cycle a/c, triple garage + workshop
- 49 Mermaid Ave over 486.9sqm charm and original condition
- Two Separate Titles
- Easy access to elite schools plus close to shops and the CBD

Property History for 2/49 Mermaid Ave, Maroubra, NSW 2035

A timeline of how this property has performed in the market
  • 26 Aug 2022
    Listed for Sale For Sale
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About Maroubra 2035

The size of Maroubra is approximately 6.0 square kilometres. It has 23 parks covering nearly 18.2% of total area. The population of Maroubra in 2016 was 30688 people. By 2021 the population was 30722 showing a population growth of 0.1% in the area during that time. The predominant age group in Maroubra is 30-39 years. Households in Maroubra are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Maroubra work in a professional occupation.In 2021, 53.80% of the homes in Maroubra were owner-occupied compared with 53.70% in 2016.

Maroubra has 15,923 properties. Over the last 5 years, Houses in Maroubra have seen a 49.59% increase in median value, while Units have seen a 29.31% increase. As at 31 December 2025:

  • The median value for Houses in Maroubra is $3,080,487 while the median value for Units is $1,155,475.
  • Houses have a median rent of $1,100 while Units have a median rent of $850.
There are currently 56 properties listed for sale, and 85 properties listed for rent in Maroubra on OnTheHouse. According to Cotality's data, 581 properties were sold in the past 12 months in Maroubra.

Suburb Insights for Maroubra 2035

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.