Machans Beach

POSTAL CODE: QLD, 4878

HOUSE

MACHANS BEACH ranks 158th in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 12.88% for the past year is higher than average compared to its 46.11% growth within a five-year period.

Also in MACHANS BEACH, the median home price is sitting at $657,500, and the average rent at $770, this suggests property owners could potentially earn a 6.09% increase in gross rental yield.

Property investors have seen a 4.37% 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 12.88%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 6.16% growth over a ten-year period. It ranks 2631st 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	$657,500	N/A
Growth Report
Median Quarterly	4.37%	N/A
Median 12 month	12.88%	N/A
Median 3 years	6.05%	N/A
Median 5 years	46.11%	N/A
10 years average annual	6.16%	N/A
Weekly media advert. rent	$770	N/A
Time on Market	71.5 days	N/A
Gross Rental Yield Percent	6.09%	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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