Mareeba (postcode 4880) is a settled mid-to-large suburb in Queensland within the Mareeba local government area. The area has roughly 11,825 residents and a settled mid-life population, with a median age of 41. Households earn a median income of $67K per year, with an average household size of 2.5 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.1% year-on-year at the LGA level. QLD employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. QLD also had 32 Commonwealth-backed major projects under construction, 12 underway, and 50 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are labourers, technicians & trades, professionals. Employment in the area leans toward agriculture and healthcare. The top ancestries reported are Australian, English, Italian.
Median house prices in Mareeba stand at $470,000, having risen steeply by 13.4% over the last twelve months. Units have a median price of $268,000 (+0.9% YoY). The current median weekly rent is $400. This gives a gross rental yield of approximately 4.4%. 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 9,472 incidents per 100,000 population.
Looking at the investment signals, Mareeba shows a gross rental yield of approximately 4.4%, rated as moderate yield. Property prices sit below the state median ($470K/$1.1M), which can point to relative value. The price-to-income ratio of 7.1x is considered moderate. House prices have moved +13.4% year-on-year. Population growth of +1.1% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.