QLD/
Mareeba

Suburb Profile

Mareeba - FREE SUBURB PROFILE REPORT
POSTAL CODE: QLD,4880

house

Property investors have seen a -3.17% 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 $305,000

Profits averaged -1.56% per annum over a 3-year period, due to an downward trend in home prices in MAREEBA, 4880.

This means, real estate investors could earn a rental income of $332.5 based on current median home prices for the suburb.

The gross rental yield in MAREEBA, 4880 is 5.67%.

An average of 12.67 real estate transactions take place per month in MAREEBA which translates to 152 per annum.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $305,000 N/A
GROWTH REPORT
Median Quarterly -3.17% N/A
Median 12 month -2.94% N/A
Median 3 years -4.69% N/A
Median 5 years 8.93% N/A
10 years average annual 1.35% N/A
Weekly media advert. rent $332.5 N/A
Time on Market 122.5 days N/A
Gross Rental Yield Percent 5.67% N/A
demographics (median values)
Total Population
8996
Weekly Household Income
729
Household Size
2.50
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