Collateralised borrowing spiked amid financial stress: RBA
The RBA has studied the role of collateral in credit markets under stress, and has found that collateralised borrowing rose for some segme...
The suburb’s capital gain of 9.84% for the past year is higher than average compared to its 6.88% growth within a five-year period.
Also in MACHANS BEACH, the median home price is sitting at $427,500, and the average rent at $490, this suggests property owners could potentially earn a 5.96% increase in gross rental yield.
Property investors have seen a 2.76% 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 1.84% growth over a ten-year period. It ranks 3196th on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $427,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 2.76% | N/A |
| Median 12 month | 9.84% | N/A |
| Median 3 years | 11.04% | N/A |
| Median 5 years | 6.88% | N/A |
| 10 years average annual | 1.84% | N/A |
| Weekly media advert. rent | $490 | N/A |
| Time on Market | 112.6 days | N/A |
| Gross Rental Yield Percent | 5.96% | N/A |
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