Two Sydney brothers accused of attacking a retiree, who was dragged from his car before being bashed and fatally stabbed, have been found not guilty of murder.

Jacksun Travers, 20, and Ray Travers, 22, denied murdering Peter Hofmann, 68, a retired bus driver who was found dead in Maroubra, in Sydney's east, in June 2017.

The crime scene on Mons Avenue in Maroubra on June 22, 2017, after Peter Hofmann's body was found. Credit:Janie Barrett

Mr Hofmann had fallen into financial hardship and was sleeping rough in his car for months before being killed.

The NSW Supreme Court jury returned a not guilty verdict for Jacksun on Thursday and, after being allowed by Justice Peter Hidden to give a majority verdict, found Ray not guilty on Friday.