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Maryborough suburb profile

Maryborough, located in Queensland's Fraser Coast region, is a historic city known for its rich heritage and charming architecture. Situated approximately 255km north of Brisbane, it offers a glimpse into Queensland's colonial past with its well-preserved buildings and heritage-listed sites. Maryborough is celebrated for its vibrant community events, including the famous Mary Poppins Festival, reflecting its connection to the author P.L. Travers. The city provides a relaxed lifestyle with access to the Mary River, lush parks, and a welcoming atmosphere. Its blend of history, culture, and natural beauty makes Maryborough a unique and appealing destination for residents and visitors alike.

Maryborough property market performance

Current median dwelling price$436,250Past 3 months

Property growth+25.3%Past 12 months

Maryborough’s property market has experienced significant growth over the past 12 months, with house values increasing by 20.9% and unit values surging by 29.7%. The current median house price stands at $557,500, while the unit market remains limited with minimal sales activity.

In the past three months, 100 houses were sold, compared to just 4 units, indicating a stronger demand for houses. Houses are selling quickly, with a median of 20 days on the market, whereas units take longer, with a median of 39 days, reflecting a slower unit market.

The rental market in Maryborough has also seen notable increases, with house rents rising by 11.8% and unit rents by 6.1% over the last 12 months. The average rent for houses is $520, while units average $350, highlighting a robust rental demand.

HousesUnits
Median price
Past 3 months
$558KN/A
Change in value
Past 12 months
20.9%29.7%
Sold
Past 3 months
1004
Median days on market
Past 12 months
2039
Average rent
Past 12 months
$520$350
Change in rent
Past 12 months
11.8%6.1%

5 year median price trend for houses and units

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Maryborough demographics

Maryborough, located in Queensland, is a charming regional town known for its rich history and heritage architecture. With a population of 15,287, it offers a slower pace of life compared to bustling urban centers, making it an attractive option for retirees and families seeking a more relaxed lifestyle. The median age of 49 reflects a mature community, with many residents enjoying the town's tranquil environment and community-focused living.

The housing landscape in Maryborough is characterized by a significant proportion of properties owned outright, accounting for 39.6% of the market. This suggests a stable community with long-term residents who have settled into the area. Additionally, 25% of properties are owned with a mortgage, while 35.4% are rented, indicating a balanced mix of ownership and rental opportunities. The median total household income of $926 per week reflects the town's affordability, appealing to those looking for cost-effective living options.

Family dynamics in Maryborough are diverse, with 27% of families being couples with children and 44.5% being couples without children. One-parent families make up 26.5% of the community, highlighting the suburb's inclusivity and support for various family structures. The town's historical significance, combined with its community spirit and affordability, makes Maryborough a unique and appealing place to call home.

Maryborough infrastructure, key developments and investment opportunities

Maryborough has recently benefited from improvements to local education facilities, with multiple established schools including Riverside Christian College and Aldridge State High playing a central role in attracting families to the area. The presence of the Wide Bay and Maryborough TAFE campus in Maryborough West further enhances local education and training opportunities, supporting ongoing population growth and skill development in the region[3].

Transport connectivity remains a major draw for Maryborough, with its location along the Bruce Highway providing direct access to nearby job centres and coastal attractions such as Hervey Bay and Fraser Island[3][6]. While no major new infrastructure projects or redevelopments have been announced recently, the suburb’s access to scenic parks, historical precincts, and a growing reputation as an affordable family destination are likely to sustain steady demand and support local property values.

Maryborough rental market trends

The rental market in Maryborough has experienced growth, with house rents increasing by 11.8% over the past year to $520 per week, while unit rents have risen 6.1% to $350 per week. This growth reflects the suburb's appeal, driven by its affordability and potential for future development, making it an attractive option for both renters and investors.

Suburbs near Maryborough

Some popular suburbs near Maryborough include:

How does Maryborough compare to nearby suburbs?

  • Median house prices: Maryborough’s median house price is 35.9% lower than River Heads’s.
  • Median unit prices: Maryborough’s median unit price is 31.1% lower than Torquay’s.
  • House price growth: Over the past 12 months, house prices in Maryborough have grown 0.3% higher than in River Heads.
  • Unit price growth: Property prices in nearby Torquay have risen 1.2% more than in Maryborough over the past year.
  • Selling speed for houses: Properties in Maryborough are selling 35.5% faster than in River Heads.
  • Selling speed for units: Properties in Maryborough are selling 2.5% faster than in Torquay.

Common questions about Maryborough

  • Is Maryborough a nice place to live?

    Maryborough is a delightful place to live, offering a unique blend of history, community spirit, and natural beauty. This charming regional town is perfect for those who appreciate a slower pace of life, making it particularly appealing to families and retirees. The suburb's rich heritage and well-preserved architecture provide a picturesque backdrop for daily life, while the vibrant community events foster a strong sense of belonging among residents. The proximity to the Mary River and lush parks adds to the suburb's appeal, offering plenty of opportunities for outdoor activities and relaxation.

    Families will find Maryborough to be a welcoming and supportive environment, with a range of educational facilities catering to various needs. The presence of established schools and the TAFE campus ensures that children and young adults have access to quality education and training opportunities. The suburb's affordability is another attractive feature, providing cost-effective living options for families looking to settle down in a stable community.

    While Maryborough offers a peaceful lifestyle, it does come with some trade-offs. The slower pace and mature community may not suit those seeking the hustle and bustle of a big city. Additionally, while the town is well-connected via the Bruce Highway, residents may need to travel to nearby job centers or coastal attractions for more diverse employment and entertainment options. However, for those who value a strong community feel, historical charm, and a relaxed lifestyle, Maryborough is a wonderful place to call home.

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  • Is it expensive to live in Maryborough?

    Living in Maryborough offers a mix of affordability and comfort, especially when compared to other parts of Queensland. The median house price is currently $510,000, which is relatively moderate, particularly for those familiar with the soaring prices in larger cities. Renting a house in Maryborough costs about $500 per week, while unit rentals average around $353 weekly, making it a viable option for both homeowners and renters.

    The average annual wage in Maryborough is approximately $74,000, which is slightly above the Queensland average. With a median total household income of $926 per week, residents find that the cost of housing aligns reasonably well with their earnings. This balance suggests that Maryborough is not overly expensive to live in, especially when considering the housing market and local income levels.

    Overall, Maryborough presents a cost-effective living option with its affordable housing prices and rents, coupled with a slightly higher-than-average wage. If you are thinking of living in Maryborough, you'll find it offers a good quality of life without the hefty price tag associated with more urbanized areas.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Maryborough a good place to invest?

    Maryborough is showing promising signs as a potential investment hotspot, especially for those looking at houses. Over the past year, the suburb has experienced a significant 18.8% increase in median house values, indicating strong capital growth. This surge suggests a rising demand for housing in the area, which could be driven by factors such as affordability and lifestyle appeal. Additionally, the rental market for houses has seen a 13.6% increase, pointing to a healthy demand for rental properties and the potential for solid rental returns.

    While the growth in unit values has been more modest at 4.7%, the rental increase of 7.0% for units still reflects a steady demand. This could appeal to investors seeking a more affordable entry point into the market with the potential for consistent rental income. Maryborough's overall growth in both property values and rental prices suggests a positive outlook for investors, particularly those focusing on houses. The suburb's affordability and increasing desirability make it an attractive option for those looking to invest in a growing market.

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Choose the right real estate agents in Maryborough

Currently, there are 58 real estate agents working in Maryborough—but not all agents deliver the same results. The right agent could make a huge difference to your final sale price.

Only 5 out of these 58 agents sold 30.7% of all properties in Maryborough over the past year. Choosing one of these top-performing agents means tapping into proven expertise for a better sale outcome.

Real estate agents in Maryborough typically charge a commission of 2% to 3.25%. Negotiating a fair commission rate and the right structure can motivate your agent to work even harder, helping you sell for more and potentially saving you thousands of dollars.

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