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Mareeba vs The Summit

Property investment comparison - Mareeba, QLD 4880 vs The Summit, QLD 4377

Head-to-head across core investment metrics: Mareeba wins 2, The Summit wins 0. 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.

MetricMareebaThe Summit
Median house price$570K$575K
Median unit price--
Gross rental yield (houses)4.93%-
Gross rental yield (units)--
1-year house growth+12.1%-
3-year house growth+41.8%-
Vacancy rate1.2%2.9%
Population11,825436

Mareeba vs The Summit: what the numbers say

The median house price is $570K in Mareeba and $575K in The Summit, so Mareeba is the cheaper entry point, with The Summit houses about 1% dearer.

Rental vacancy is 1.2% in Mareeba and 2.9% in The Summit, 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 436, roughly 27 times the size of The Summit; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Mareeba for a lower purchase price, Mareeba 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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