Machans Beach

POSTAL CODE: QLD, 4878

HOUSE

MACHANS BEACH ranks 951st in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 8.15% for the past year is lower than average compared to its 42.37% growth within a five-year period.

Also in MACHANS BEACH, the median home price is sitting at $630,000, and the average rent at N/A, this suggests property owners could potentially earn a N/A increase in gross rental yield.

Property investors have seen a 1.61% gain in MACHANS BEACH based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5.76% growth over a ten-year period. It ranks 2868th on our list of suburbs that property investors should look into.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$630,000	N/A
Growth Report
Median Quarterly	1.61%	N/A
Median 12 month	8.15%	N/A
Median 3 years	0.8%	N/A
Median 5 years	42.37%	N/A
10 years average annual	5.76%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	50.2 days	N/A
Gross Rental Yield Percent	0%	N/A

Demographics (Median Values)*

Total Population 934

Weekly Household Income 975.1

Household Size 2.40

Average Age 38

Monthly Loan Repayment 1083

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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