If you compare the increase in value of investment property in Mareeba, 4880 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this QLD suburb was 7.92%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Mareeba has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Mareeba are currently offering property investors an average price cut of -7.72% below the asking price at the moment.
Often selling an investment property can take time, and in Mareeba the average time real estate has been on the market is 122.78 days.
The QLD suburb of Mareeba, 4880 is in the Mareeba local government area.