Mareeba vs Meadowvale
Property investment comparison - Mareeba, QLD 4880 vs Meadowvale, QLD 4670
Head-to-head across core investment metrics: Mareeba wins 1, Meadowvale wins 2. 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 | Mareeba | Meadowvale |
|---|---|---|
| Median house price | $570K | $575K |
| Median unit price | - | $690K |
| Gross rental yield (houses) | 4.93% | 5.83% |
| Gross rental yield (units) | - | 3.80% |
| 1-year house growth | +12.1% | - |
| 3-year house growth | +41.8% | - |
| Vacancy rate | 1.2% | 1.0% |
| Population | 11,825 | 434 |
Mareeba vs Meadowvale: what the numbers say
The median house price is $570K in Mareeba and $575K in Meadowvale, so Mareeba is the cheaper entry point, with Meadowvale houses about 1% dearer.
On cash flow, Meadowvale leads: houses there return a gross rental yield of 5.83%, compared with 4.93% in Mareeba, a gap of 0.90 percentage points.
Rental vacancy is 1.0% in Meadowvale and 1.2% in Mareeba, so landlords in Meadowvale 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 434, roughly 27 times the size of Meadowvale; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Meadowvale for rental income, Mareeba for a lower purchase price, Meadowvale 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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