242 Maroubra Rd, Maroubra is a 12 bedroom, 6 bathroom House with 4 parking spaces. The property has a land size of 484m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 12 bedroom House sold in Maroubra in the last 12 months.
An exceptional opportunity on the edge of Maroubra Junction, this boutique block of five apartments presents a compelling investment or development prospect just 8km southeast of the CBD. Set on 484sqm approx with a prized due-north rear aspect, the three-storey building comprises four two-bedroom apartments and a whole-floor penthouse capturing sweeping city skyline views. Held by three generations and on the market for the first time in over half a century, discover a world of opportunity in a prime location. With no common walls, on-site parking and solid bones, the building offers flexibility to update, strata subdivide or explore long-term development potential under the recently introduced Low and Medium Rise Housing Reforms (STCA). Zoned R2 and positioned just 350m from Maroubra Junction town centre, it falls within the 400m walkable catchment under the 2025 LMR policy offering a significant future upside. In a high-demand area with strong rental appeal and future growth drivers, this is a rare chance to secure a blue-chip holding with immediate income and future value catalysts.
POTENTIAL RENTAL $202,800 PA
• Entire block of five on one title
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 15,922 properties. Over the last 5 years, Houses in Maroubra have seen a 54.61% increase in median value, while Units have seen a 31.37% increase. As at 30 November 2025:
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