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.
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.