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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.

MetricMareebaMeadowvale
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 rate1.2%1.0%
Population11,825434

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.

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