Mutarnee is a rural town and coastal locality in the City of Townsville, Queensland, Australia. In the 2021 census, the locality of Mutarnee had a population of 120 people.

Mutarnee is approximately 67 kilometres north-west of Townsville, Queensland, Australia and 44 kilometres south-east of Ingham. It is situated on the banks of Crystal Creek and is near the rainforest village of Paluma.

The town is in the north-west of the locality and consists of rural residential housing. The rest of the locality is used for a mix of agriculture, including growing sugarcane and grazing on native vegetation.

The Bruce Highway enters the locality from the south-east (Rollingstone), passes through the town, and exits to the north-west (Coolbie). The North Coast railway line enters the locality from the south-east (Rollingstone) and is immediately parallel and west of the highway. It passes through the town and exits to the north-west (Coolbie). There are two railway stations:

Mutarnee takes its name from its railway station, which in turn was named on 23 December 1920 by the Queensland Railways Department using an Aboriginal word meaning food, as suggested by Archibald Meston.

Ollera Provisional School opened in 1905 and closed in 1906. Ollera Creek State School opened on 17 May 1920. In 1923, it was renamed Mutarnee State School.

In the 2016 census, the locality of Mutarnee had a population of 116 people.

In the 2021 census, the locality of Mutarnee had a population of 120 people.