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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

48 Mermaid Avenue, Maroubra NSW 2035

Auction 24th October

Listed: 4 days ago
Updated: 2 days ago
Overview

This 1920s California bungalow located in one of Maroubra's most coveted coastal enclaves offers a unique opportunity for those seeking a property with character and significant development potential. Its double-fronted façade retains authentic period features that speak to its historical charm while framing spectacular and uninterrupted ocean vistas across Lurline Bay towards North Bondi.

Set on a substantial near 482 square meter parcel with a generous 13.89-meter frontage, the home presents ample space to reimagine or expand, including the possibility of adding a second storey subject to council approval. The existing accommodation is comfortably liveable, making it attractive to buyers who value original detailing but desire a future transformation.

The property’s lock-up garage and deep setback enhance its flexibility, supporting both practical living and privacy. Situated amid quality homes, it promises the creation of a highly bespoke coastal residence reflecting the prestige of the area.

For lifestyle lovers, the location is exceptional. An easy stroll leads to the northern end of Maroubra Beach, and the nearby coastal walking track connects to Coogee Beach, perfect for daily recreation or leisure. The iconic Mahon Pool is within approximately 550 meters, making this ideal for water enthusiasts. Additionally, proximity to Maroubra Junction's vibrant retail and dining options, reliable public transport, and sought-after schools enriches daily convenience and appeal.

  • Characterful freestanding 1920s California bungalow with original features
  • Substantial landholding of approximately 482 sqm with wide street frontage
  • Sweeping and captivating ocean views from the property
  • Scope to extend or build upwards to maximize coastal outlook (STCA)
  • Lock-up garage plus deep setback for privacy and outdoor space
  • Excellent access to beaches, coastal walks, and local amenities
  • A rare offering combining land, character, and location in a tightly held pocket

This property is well suited to visionary buyers ready to put their signature on a classic coastal home, as well as families or investors looking for enduring potential in a respected beachside community.

Local Market Insights

In Maroubra, Quiet Listings observed 14 new houses entering the market over the last 30 days, down from 19 during the previous 30-day period, with an average advertised asking price of $3,614,286. The property type mix of listed properties is predominantly Houses at 52%, followed by apartments (38%), and units (3%). The most active agency for houses in the Maroubra area is currently Ray White, representing 57% of new listings. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Open for Inspections

Upcoming inspection times scheduled in the next 14 days.

1:00 PM - 1:30 PM AEST
1:00 PM - 1:30 PM AEST
2:00 PM - 2:30 PM AEDT
2:00 PM - 2:30 PM AEDT

This property has had 2 previous open for inspections. Schedules can change at late notice, please confirm times with the selling agent before attending an open home.

Location
48 Mermaid Avenue
Maroubra NSW 2035
Market Insights for Maroubra NSW 2035
New Listings (last 30 days)
14
Average price
$3,614,286
Lowest price
$1,900,000
Highest price
$6,500,000
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