Suburb Profile Report for Mareeba QLD (4880)

Mareeba House: Median price $305,000, Annual capital growth 3.01%, Number of sales 127, Weekly median advertised rent $335

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Mareeba, 4880 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this QLD suburb was 0.83%.

Taking the average capital gain, or increase in median house value, Mareeba,4880 has racked up an average of 0.83% over the period. This ranks it number 2686th in the whole country for real estate investors looking at median house price increases.

The most recent median price for Mareeba is $305000, with sellers offering an average of -8.94% off the asking price.

At number 3452 in a list of fastest selling suburbs, Mareeba is in the bottom 10% of suburbs in Australia with an average of days on market 135.74 for properties listed there.

A $335 per week rent on the median house gives suburb investors a gross yield of circa 5.71%, without taking into account capital value appreciation, which has been averaging out at 3.01%.

Metrics i HOUSE UNIT
$305,000 N/A
-4.20% N/A
0.83% N/A
3.01% N/A
$335 N/A
127 N/A
5.71% N/A
135.74 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Balanced (U)
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Demographics
Total population 10181
Median household income ($/weekly) 899
Median age of persons 40
Median housing loan repayment ($/monthly) 1517
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 1446 14.2
    35-44 years 1337 13.1
    45-54 years 1276 12.5
    55-64 years 1235 12.1
    65-74 years 1076 10.6
    Others 3812 37.4
    Age Group
    Census Count Percent(%)
    Registered Married 3494 48.4
    Not Married 2986 41.4
    Defacto Relationship 737 10.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 8002 83.7
    Japan 465 4.9
    Papua New Guinea 179 1.9
    United Kingdom 205 2.1
    Other 308 3.2
    Others 396 4.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 53 0.6
    Christianity 7120 77.6
    Hinduism 33 0.4
    Islam 122 1.3
    No Religion 1815 19.8
    Others 28 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 355 10.8
    $400-$599 469 14.2
    $600-$799 393 11.9
    $800-$999 372 11.3
    $1,500-$1,999 355 10.8
    Others 1348 40.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3049 40.6
    Employed, worked full-time 2650 35.3
    Employed, worked part-time 1205 16.1
    Unemployed, looking for work 314 4.2
    Employed, away from work 284 3.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 524 12.7
    Professionals 478 11.6
    Technicians & trades workers 604 14.6
    Clerical & administrative workers 491 11.9
    Labourers 703 17.0
    Others 1332 32.2
    Occupation
    Census Count Percent(%)
    Pre-school 83 4.3
    Infants/Primary 909 47.5
    Secondary 602 31.5
    Technical or Further Educational Institution 115 6.0
    University or other Tertiary Institutions 143 7.5
    Others 61 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8695 91.0
    Semi-detached, row or terrace house, townhouse 204 2.1
    Flat, unit or apartment 444 4.6
    Caravan, cabin, houseboat 164 1.7
    Improvised home, tent, sleepers out 24 0.3
    Others 21 0.2
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1408 38.5
    Rented 1266 34.6
    Being purchased 959 26.2
    Other tenure type 25 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals