Kuranda QLD

Postcode 4881 · Mareeba LGA

Kuranda is a smaller suburb in Queensland within the Mareeba local government area (postcode 4881). With a population of 3,273, the suburb has a mature demographic with a median age of 46. Households earn a median income of $67K per year, with an average household size of 2.5 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Aboriginal Australian.

The median house price in Kuranda is $685,000, having increased 3% over the past year. The current median weekly rent is $580. This gives a gross rental yield of approximately 4.4%. The median monthly mortgage repayment is $1,595.

Kuranda is served by 2 schools, including 2 combined. The average ICSEA score is 960, which is around the national average of 1,000. The crime rate in the Mareeba LGA is higher than average at 9,533 incidents per 100,000 population.

From an investment perspective, Kuranda offers a gross rental yield of 4.4%, rated as moderate yield. Property prices sit below the state median ($685K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 10.3x is considered stretched. House prices have moved +3.0% year-on-year.

INVESTMENT SIGNALS
Rental Yield4.4% Moderate Yield
Price vs State$685K/$1.1M Below Median
Affordability10.3x Stretched
Price Momentum+3.0% Stable
INCOME (ATO 2022-23)
Median Income$43,881
Mean Income$57,287
Earners3,244
YoY Change+3.9%
SEIFA INDEX (ABS)
Advantage2/10
Education5/10
Economic2/10
Disadvantage3/10
MEDIAN HOUSE
$685K
3% YoY
MEDIAN RENT /WK
$260
POPULATION
3,273
DEMOGRAPHICS
Median Age46
Household Size2.5
HH Income /wk$1,284
Personal Income /wk$600
Mortgage /mth$1,595
CRIME (Mareeba LGA)
Crime Rate (per 100k)9,533
Total Incidents9,533
SCHOOLS (2)
Avg ICSEA960
Total Students442
Government1
Independent1
Kuranda District State CollegeCombined · Government · ICSEA 862
Cairns Hinterland Steiner SchoolCombined · Independent · ICSEA 1059
Data: 2024