Thinking about buying in Marrabel? Now could not be a better time, with just 213 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $225,000 with prices in this suburb ranging from $76,000 to $281,000. The aproximate distance to the coast is 58 Km.
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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 Marrabel 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. Low average earnings from people in Marrabel leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Lower than average population density constrains growth in Marrabel to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Marrabel the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
None within suburb boundary
(While the above schools are located with the suburb of Marrabel there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 0.4 | 14.6 | 30.8 | 23.7 | 78.4 | 4.0 | 25.8 |
Feb | 0.6 | 13.7 | 28.6 | 28.4 | 83.5 | 3.9 | 23.0 |
Mar | 0.4 | 12.5 | 26.8 | 30.1 | 85.2 | 3.8 | 18 |
Apr | 1.0 | 9.3 | 23 | 34.8 | 90.4 | 3.4 | 13.5 |
May | 1.2 | 6.3 | 17.1 | 48.9 | 94.7 | 3.4 | 9.9 |
Jun | 1.7 | 4.5 | 14.4 | 60.1 | 97.6 | 3.4 | 8.8 |
Jul | 2.1 | 4.9 | 14.1 | 60.1 | 96.9 | 4.2 | 9.5 |
Aug | 2.2 | 4.5 | 14.5 | 55.3 | 96.2 | 4.2 | 11.8 |
Sept | 1.8 | 5.9 | 17.5 | 44.6 | 93.0 | 4.4 | 15.5 |
Oct | 1.0 | 8.5 | 22.1 | 34.5 | 90.4 | 4.5 | 19.9 |
Nov | 0.8 | 9.3 | 25.2 | 27.2 | 89.4 | 4.3 | 24.2 |
Dec | 0.4 | 12.7 | 28.9 | 23.5 | 82.6 | 4.3 | 26.0 |
source: Australian Government Bureau of Meteorology
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