MACHANS BEACH ranks 776th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 10.56% for the past year is higher than average compared to its 22.46% growth within a five-year period.
Also in MACHANS BEACH, the median home price is sitting at $398,000, and the average rent at $397.5, this suggests property owners could potentially earn a 5.19% increase in gross rental yield.
Property investors have seen a 1.02% gain in MACHANS BEACH based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on MACHANS BEACH, 4878 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 10.56%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 1.82% growth over a ten-year period. It ranks 3265th on our list of suburbs that property investors should look into.