Mareeba Market Update

Median property prices over the last year range from $377,500 for houses to $240,500 for units.

Last month Mareeba had 10 properties available for rent and 73 properties for sale.

If you are looking for an investment property, consider houses in Mareeba rent out for $400 PW with an annual rental yield of 5.7% and units rent for $320 PW with a rental yield of 6.7%.

Based on five years of sales, Mareeba has seen a compound growth rate of 6.3% for houses and 0.6% for units.

source: Realestate.com