6 Harte Close, Mareeba QLD 4880

6 Harte Close, Mareeba QLD 4880
Large rural block | 4-bedroom house | Near undeveloped lot valued at $696k | No flood risk | Strong regional growth The property’s primary competitive strength is its rare combination of a substantial 7096 mยฒ block and a 4-bedroom house, which positions it as a versatile rural-residential holding in a market where comparable land alone is valued near $700,000. This configuration offers a buyer immediate occupancy with significant land value upside, serving best those seeking hobby farming, future subdivision potential, or a lifestyle property with room to expand. The absence of flood risk and the consistent land size across sources reinforce the property’s fundamental soundness. The principal risk is the limited parking and the absence of recent renovation data, which may require capital outlay to align the house with contemporary expectations. However, the 2015 purchase price of $137,000 against a current estimate of $687,000 demonstrates a market trajectory that rewards patient holding. A buyer should treat this as a land-dominant proposition: the house is functional but the block drives long-term value. Hold for capital growth or investigate subdivision feasibility with the Mareeba Shire Council.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 6 Harte Close, Mareeba QLD 4880
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Market Insight:

Mareeba is a regional hub with a mature demographic profile, where demand is driven by local downsizers and buyers seeking low-maintenance living. The market is characterised by strong price momentum and exceptionally tight supply, with properties transacting rapidly off-market. Future growth is underpinned by sustained regional demand, though this is constrained by a significant shortage of available listings, intensifying competition.
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PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

1

Land

1.75 acres

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