Mareeba is a well-established suburb in Queensland within the Mareeba local government area (postcode 4880). With a population of 11,825, the suburb has an established demographic with a median age of 41. Households earn a median income of $67K per year, with an average household size of 2.5 people. The most common occupations are labourers, technicians & trades, professionals. The top ancestries reported are Australian, English, Italian.
The median house price in Mareeba is $470,000, having surged 13.4% over the past year. Units have a median price of $268,000 (+0.9% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $1,495.
Mareeba is served by 4 schools, including 2 primary, 2 secondary. The average ICSEA score is 946, which is below the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Mareeba LGA is higher than average at 9,533 incidents per 100,000 population.
From an investment perspective, Mareeba offers a gross rental yield of 5.0%, rated as moderate yield. Property prices sit below the state median ($470K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 7.1x is considered moderate. House prices have moved +13.4% year-on-year.
Mareeba is a well-established suburb in Queensland within the Mareeba local government area (postcode 4880). With a population of 11,825, the suburb has an established demographic with a median age of 41. Households earn a median income of $67K per year, with an average household size of 2.5 people. The most common occupations are labourers, technicians & trades, professionals. The top ancestries reported are Australian, English, Italian.
The median house price in Mareeba is $470,000, having surged 13.4% over the past year. Units have a median price of $268,000 (+0.9% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $1,495.
Mareeba is served by 4 schools, including 2 primary, 2 secondary. The average ICSEA score is 946, which is below the national average of 1,000. Healthcare facilities include 1 public hospital. The crime rate in the Mareeba LGA is higher than average at 9,533 incidents per 100,000 population.
From an investment perspective, Mareeba offers a gross rental yield of 5.0%, rated as moderate yield. Property prices sit below the state median ($470K/$1.1M), suggesting a potential value opportunity. The price-to-income ratio of 7.1x is considered moderate. House prices have moved +13.4% year-on-year.