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Mareeba (QLD) property development snapshot

GoSiteHunt Research · Queensland · sales Dec 2025 quarter · rents Mar 2026 quarter (new tenancies)

$590,000
Median house price · Dec 2025 quarter
+4.4%
Median change, year on year
97
House sales in the period
$500/wk
Median rent · 3-bed houses
4.4%
Indicative gross yield
#28
of 33 · Queensland Opportunity Index

Median rents by bedroom — Mareeba (S) rental area

Type1-bed2-bed3-bed4+ bedAll
House$500/wk (29 bonds)$550/wk (18 bonds)
Unit$270/wk (15 bonds)$375/wk (25 bonds)

Bond-lodgement medians from the © The State of Queensland Residential Tenancies Authority (CC BY 3.0 AU), Mar 2026 quarter (new tenancies). "Low sample" = the count is masked or small at source; treat those medians with care.

What the data suggests for developers.

A gross yield around 4.4% is middling: it neither rescues nor kills a development case in Mareeba. End values and build cost will decide the feasibility, with rent as a secondary support. The median is broadly flat year-on-year (+4.4% on 97 sales) — flat tape rewards accurate buying, because there is no rising market to bail out an overpaid site. Mareeba sits at #28 of 33 in the Queensland Opportunity Index — it qualifies on data depth, but the yield-led scoring places it low: prices have outrun rents, which is a profile that favours sell-down schemes over holds. All of the above is area-level screening, not advice: a specific parcel lives or dies on zoning, overlays, frontage, and the end value of what it can actually carry.

Check a specific address in Mareeba.

This page is LGA-level screening. For one property — zoning, what could be built, what a developer could pay — run a GoSiteHunt site check, screen it with the free Deal Killer Checklist, or see how many units fit on a block.

Related LGA snapshots: Maranoa · Moreton Bay · Mackay

State-wide ranking: Queensland Opportunity Index · all covered areas: suburb data hub

Granularity & method.

Council (LGA) level — Queensland does not publish suburb-level sale prices as open data. Sale medians are detached-house sales on a QVAS contract-date basis; rents are RTA new-tenancy medians for the LGA. Indicative gross yield = headline weekly bond median × 52 ÷ sale median — a screening ratio, not a valuation input.

Sources: Residential Land Development Activity, Queensland Government Statistician's Office, Queensland Treasury (CC BY 4.0) · © The State of Queensland Residential Tenancies Authority (CC BY 3.0 AU) · Indicative screening data — not financial, investment, valuation or planning advice. Area medians can move sharply between periods, especially on thin samples. © Madison Jade Pty Ltd.