If you were to buy a house locally at the current median price of $312,250 and had 10% deposit, then you would need a mortgage for $281,025. This is small than average mortgage compared to state.
Between 2005 and 2011 the population of MAREEBA, 4880 grew an average of 237.40 people each year. This figure of 2016.20% per annum means MAREEBA is one of the fastest growing suburbs in QLD.
When looking as just how much people in suburb pay on their mortgages, the median mortgage repayment is $1,517 which is $542 more every month. As a percentage rise, this makes MAREEBA, 4880 the number 3635th on a list of suburbs in Australia ranked by percentage mortgage payment increase across the 5 years between the 2006 and the 2011 census.
On a national list of suburbs ranked by median mortgage repayments, MAREEBA would be 3663th.