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Mareeba
AREA REPORTS

Mareeba

Mareeba - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4880

house
unit

Property investors have seen a -0.07% drop in MAREEBA based on a decrease in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains MAREEBA, 4880 saw average growth in the long term.

The QLD suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $365,000

Profits averaged 4.39% per annum over a 3-year period, due to an upward trend in home prices in MAREEBA, 4880.

This means, real estate investors could earn a rental income of $360 based on current median home prices for the suburb.

The gross rental yield in MAREEBA, 4880 is 5.13%.

An average of 20.58 real estate transactions take place per month in MAREEBA which translates to 247 per annum.

Data report can be found below

Mareeba
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $365,000 $257,000
GROWTH REPORT
Median Quarterly -0.07% N/A
Median 12 month 5.87% N/A
Median 3 years 13.18% N/A
Median 5 years 17.36% 9.36%
10 years average annual 2.53% N/A
Weekly media advert. rent $360 $285
Time on Market 69.2 days 0.0 days
Gross Rental Yield Percent 5.13% 5.77%
demographics (median values)*
Total Population
8996
Weekly Household Income
729
Household Size
2.50
Age
40
Monthly Loan Repayment
960
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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