Mareeba at a glance
12,782
People
$572,500
Median sale
$450/wk
Median rent
4.09%
Suburb gross yield
Median sale from 170 recorded sales (last 12 months) — a Districts calculation.
QLD › Mareeba › Constance St
$562,000
Last sold
29 July 2026
8
Bedrooms
4
Bathrooms
0
Car spaces
1,459 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$562,000
29 July 2026 · derived via latest_sale
Mareeba at a glance
12,782
People
$572,500
Median sale
$450/wk
Median rent
4.09%
Suburb gross yield
Median sale from 170 recorded sales (last 12 months) — a Districts calculation.
Vs Mareeba
-1.8%
Median sale
Suburb $572,500
+0.07 pp
Gross yield
Suburb 4.09%
Suburb median $572,500 from 170 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $450/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Mareeba at a glance
12,782
People
$572,500
Median sale
$450/wk
Median rent
4.09%
Suburb gross yield
Median sale from 170 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Central Realty MareebaThey say you can't sell potential, but take a look at this!
This Queenslander-style multi-unit dwelling sits on a 1,459m2 allotment on the corner of Basalt and Constance Streets in Mareeba. Previously known as the Water Tower House, it is made up of four 2 bedroom units.
The four units vary in size and condition but each of them has 2 bedrooms and 1 bathroom, each have kitchens and there is a separate, detached laundry block for use by all tenants. Units 1 and 4 are slightly larger and unit 4 has just been given a quick makeover.
Overall the complex needs some work, which is indicated by the asking price, but would be perfect for someone with some additional funds and a good helping of elbow grease! Just imagine, even at the current rent return, this unit block could be a cash cow into the future, you can already see the potential!
Currently three of the units are on fixed term 12 month leases and one has been vacated to enable the renovations. All return slightly different amounts as follows:
Unit 1: $300 (12 month lease to 15/11/26)
Unit 2: $280 (12 month lease to 27/09/26)
Unit 3: $290 (12 month lease to 01/11/26)
Unit 4: Asking $330 (about to be re-advertised)
With a projected $1,200 per week of income, you can rest assured that the returns are healthy! The Council rates are approximately $6,800 - $7,000 half yearly.
Just a short stroll to the Mareeba Square shopping center and Coles Supermarket, and just minutes to the Schools and CBD, this is a prime location which ensures these units are only ever empty by choice.
Features Include:
- Four 2 bed, 1 bath units
- Varying in size and condition
- All have kitchens and bathrooms
- Separate detached laundry facilities
- Complex needs some work
- Currently returns $870 with 3/4 units occupied
- Total projected rent soon to be $1,200 per week
- Rates approximately $6,800 - $7,000 half yearly
- Potential plus!
If you are looking for a property that will allow you to not have to lift a finger, then this probably isn't the right property for you.
On the other hand, if you are prepared to get some work done and add some value, then don't hesitate, contact EXCLUSIVE agent Remo Esposito on 0401 969 473 or email remo@crmareeba.com today!
Listing description written by Remo Esposito, Central Realty Mareeba — reproduced as published, not verified by Districts.
Nearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.