South Sydney Rabbitohs player Jai Arrow has purchased his first home in Maroubra, just a few streets away from the team’s new, $58-million training complex.
Jai Arrow, who relocated from Queensland three years ago, purchased a fully renovated three-bedroom home for $2.24 million in the second week of the auction.
The 235 sqm property boasts a black kitchen, a Herringbone floored living and dining area, a covered deck, and a west-facing garden. The master retreat features a walk-in wardrobe and an ensuite. Despite its impressive features, the property was sold below the average price of $2.47 million for a three-bedroom house in the suburb.
Jai Arrow may have just purchased his first home in Sydney, but he continues to hold properties in Queensland, where he previously played for the Gold Coast Titans. He has a three-bedroom home in Burleigh Heads that he purchased for $635,000 in 2019. Then there is his 1970s Palm Beach property which he acquired for $750,000 the following year.
The median house price in Maroubra is currently hovering around $2.50 million. Recently, a house was sold for a staggering $18.45 million; that is 30 per cent more than the previous local record and even outshines the house price records of Coogee, Clovelly, and South Coogee.
Conveniently located just 10km from the CBD, Maroubra is connected to its urban neighbours, Kingsford and Randwick, and the residential Matraville, with Martin Place only a 35-minute bus ride away.
Published 30-April-2023