Koongal vs Mareeba
Property investment comparison - Koongal, QLD 4701 vs Mareeba, QLD 4880
Head-to-head across core investment metrics: Koongal wins 3, Mareeba wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Koongal | Mareeba |
|---|---|---|
| Median house price | $570K | $570K |
| Median unit price | - | - |
| Gross rental yield (houses) | 4.99% | 4.93% |
| Gross rental yield (units) | - | - |
| 1-year house growth | +16.3% | +12.1% |
| 3-year house growth | +79.6% | +41.8% |
| Vacancy rate | 1.5% | 1.2% |
| Population | 4,252 | 11,825 |
Koongal vs Mareeba: what the numbers say
Houses cost about the same in both suburbs: the median house price is $570K in Koongal and $570K in Mareeba.
On cash flow, Koongal leads: houses there return a gross rental yield of 4.99%, compared with 4.93% in Mareeba, a gap of 0.06 percentage points.
Over the past year house prices moved +16.3% in Koongal and +12.1% in Mareeba, so recent momentum favours Koongal, although both suburbs recorded growth.
Looking back three years, Koongal houses are +79.6% and Mareeba houses +41.8%, so Koongal has compounded faster than Mareeba over the longer window.
Rental vacancy is 1.2% in Mareeba and 1.5% in Koongal, so landlords in Mareeba face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Mareeba is the bigger suburb, with a population of 11,825 against 4,252, roughly 2.8 times the size of Koongal; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Koongal for rental income, Koongal for recent price momentum, Mareeba for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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