AREA REPORTS

Mareeba

Suburb Profile

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

house

Property investors have seen a 3.33% gain in MAREEBA based on an increase 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 $309,999

Profits averaged 2.61% 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 $310 based on current median home prices for the suburb.

The gross rental yield in MAREEBA, 4880 is 5.2%.

An average of 12.83 real estate transactions take place per month in MAREEBA which translates to 154 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $309,999 N/A
GROWTH REPORT
Median Quarterly 3.33% N/A
Median 12 month -1.2% N/A
Median 3 years 7.83% N/A
Median 5 years 11.51% N/A
10 years average annual 1.04% N/A
Weekly media advert. rent $310 N/A
Time on Market 119.7 days N/A
Gross Rental Yield Percent 5.2% N/A
demographics (median values)
Total Population
8996
Weekly Household Income
729
Household Size
2.50
demographics
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