48 Mermaid Avenue

Off Market

48 Mermaid Avenue

Maroubra NSW 2035

482 m²

House

Angus Gorrie, last sold this property on 23 October 2026 after 31 days on market.

Overview

A Rare Coastal Opportunity With Sweeping Ocean Views

Offered to the market for the first time, this freestanding 1920s California bungalow presents a rare opportunity to secure an original home and substantial 482sqm approx. landholding in one of Maroubra's most tightly held coastal pockets. Rich in authentic period character and framed by sweeping ocean views stretching across Lurline Bay to North Bondi, it offers an exceptional blank canvas for a visionary transformation (STCA). Retaining its original double-fronted façade and timeless period details, the home provides comfortable existing accommodation with outstanding scope to reimagine, extend or build a second storey to capture the spectacular coastal outlook. A deep setback, generous 13.89m frontage and lock-up garage further enhance the appeal and flexibility of the home. Surrounded by some of the area's finest homes, this is an opportunity to create a truly bespoke coastal residence in an address of undeniable prestige. Enjoy an easy stroll to the northern end of Maroubra Beach, follow the coastal walk towards Coogee, or take a short walk to the spectacular Mahon Pool. Maroubra Junction's vibrant retail and dining precinct, transport and sought-after schools are also within easy reach. A rare combination of original character, substantial land, sweeping ocean views and outstanding potential, this is a property to inspire and a once-in-a-generation opportunity to make your mark on the Maroubra coastline. • Freestanding 1920s California bungalow, first time offered to market • Substantial 482sqm approx. landholding with 13.89m frontage • Sweeping ocean views across Lurline Bay to North Bondi • Original double-fronted facade and authentic period character • Comfortable existing accommodation with scope to reimagine • Potential to extend at the rear or add a second storey (STCA) • Deep setback and lock-up garage • Easy walk to the northern end of Maroubra Beach • Coastal walk access towards Coogee Beach • Approx. 550m to the iconic Mahon Pool • Close to Maroubra Junction's vibrant retail and dining precinct • Convenient to transport and sought-after local schools

Features

3 bedrooms

1 bathroom

1 carspace

1 garage space

482 m² lot size

House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Maroubra over the last 12 months, the estimated median property value of 48 Mermaid Avenue is $2.48m.

Median value

$2.48m

Estimated value range

$1.6m - $7m

Median days on market

Estimated value trend

-6%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Maroubra. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 48 Mermaid Avenue

2026

Sold

Undisclosed

23 Oct 2026 by Angus Gorrie, of Ray White Eastern Beaches

Happy sellers in Maroubra

78%

78% of sellers in Maroubra reported that their sale price either exceeded or met their price expectations.

Maroubra stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 127 reviews in Maroubra over the last 12 months.

Local market activity for 3 bedroom houses in Maroubra

In the last 12 months, 51 three-bedroom houses similar to 48 Mermaid Avenue, have been sold.

This represents a 33% increase in three-bedroom houses sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Maroubra for a free market appraisal.

Veronica Perez

at PRD Perez Real Estate Maroubra

4.9

(491 reviews)

Get a free market appraisal

Shane Vincent

at Belle Property Randwick

4.9

(268 reviews)

Get a free market appraisal

Andrew Anastassiou

at Home Estate Agents

4.9

(305 reviews)

Get a free market appraisal

Cameron Airlie

at NGFarah Malabar

4.9

(575 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Maroubra

Veronica Perez

Sellers who recommend Veronica Perez have praised them for being clear communication, local expert, supportive, responsive, friendly, honest and well-prepared

4.9 (491 reviews)
18 Reviews in Maroubra
31 Sales in Maroubra

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Shane Vincent

Shane Vincent is a recommended agent for Maroubra. They have 24 local sales and collected 17 local reviews across the last 12 months.

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Andrew Anastassiou

Sellers who recommend Andrew Anastassiou have praised them for being clear communication, local expert, honest, reliable, dedicated, responsive and supportive

4.9 (305 reviews)
12 Reviews in Maroubra
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Cameron Airlie

Sellers who recommend Cameron Airlie have praised them for being clear communication, local expert, honest, responsive, reliable, supportive and great negotiation