Mareeba has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -2.26% to date .
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.
LACK OF BUYER INTEREST may well be the reason that Mareeba is offering property investors an average of -7.24. This rate of discount on properties puts Suburb at number 197th in terms of most discounted suburbs in QLD
A $335 per week rent on the median house gives suburb investors a gross yield of circa 5.75%, without taking into account capital value appreciation, which has been averaging out at 2.60%.