With a capital gain of 7.88% for the last 12 months, Mareeba, 4880 has performed for property investments than its average annual 3.56% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Mareeba comes in at number 396th in QLD.
At number 229th of QLD’s most discounted properties, Mareeba is in the bottom 30% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Mareeba the average time real estate has been on the market is 133.86 days.
A $340 per week rent on the median house gives suburb investors a gross yield of circa 5.61%, without taking into account capital value appreciation, which has been averaging out at 3.56%.