Mareeba is a multicultural agricultural hub on the Atherton Tablelands, the largest town on the Tablelands and the centre of Australia's coffee, tobacco, avocado, and tropical fruit industries. Its affordable housing relative to coastal Cairns, dry tropical climate, outdoor lifestyle, and growing reputation as a heritage and food tourism destination attract lifestyle buyers and investors. The newly expanded Mareeba Airport supports connectivity south and north. At the current $478k median house price, an 80% loan at 6.25% over 30 years is about $2,355 per month.
| Median house price | $478,000 |
|---|---|
| Median unit price | $300,000 |
| Estimated monthly repayment | $2,355 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 9.2% |
| Gross rental yield | 6.1% |
| Typical days on market | 20 |
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