All About Speewah, Mareeba, QLD, 4881

Speewah, located in the Mareeba region of Queensland, Australia, offers a unique housing market that attracts those seeking a blend of rural tranquility and accessibility to urban amenities. The housing market in Speewah typically features a variety of property types, ranging from expansive acreage properties to more conventional residential homes. This variety caters to a broad spectrum of buyers, from families desiring space for outdoor activities to retirees looking for a peaceful retreat. The market is known for its affordability compared to more densely populated urban centers, making it an attractive option for first-time homebuyers or those looking to invest in property with potential for appreciation due to its scenic location and growing popularity.

Living in Speewah provides residents with a blend of serene, rural living and easy access to necessary conveniences. The community enjoys stunning natural surroundings, including lush rainforests and proximity to the Atherton Tablelands, offering numerous outdoor activities such as hiking, wildlife watching, and gardening, which are popular among locals. Despite its rural setting, Speewah is conveniently located near the town of Mareeba and the city of Cairns, providing easy access to healthcare, education, and shopping facilities. The lifestyle here is laid-back and community-oriented, with a slower pace of life that appeals to those looking to escape the hustle and bustle of urban centers while still enjoying a connected community experience.

Speewah Real Estate Market Outlook

Thinking about buying in Speewah? Now could not be a better time, with 526 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $890,000 with prices in this suburb ranging from $292,000 to $2,635,000. Speewah is located fairly close to the coast at just 9Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Speewah is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. The slightly lower than average earnings from occupations in Speewah changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Medium density in Speewah necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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