Dodgy ‘roof repairing’ conmen exploiting property owners
The Western Australian government has put out a call for WA property owners to watch out for roof repair conmen who are asking payment for w...
The suburb’s capital gain of 2.92% for the past year is lower than average compared to its 16.69% growth within a five-year period.
Also in MACHANS BEACH, the median home price is sitting at $405,500, and the average rent at $400, this suggests property owners could potentially earn a 5.13% increase in gross rental yield.
Property investors have seen a 7.42% 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 1.46% growth over a ten-year period. It ranks 3471st on our list of suburbs that property investors should look into.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $405,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 7.42% | N/A |
| Median 12 month | 2.92% | N/A |
| Median 3 years | 3.97% | N/A |
| Median 5 years | 16.69% | N/A |
| 10 years average annual | 1.46% | N/A |
| Weekly media advert. rent | $400 | N/A |
| Time on Market | 92.5 days | N/A |
| Gross Rental Yield Percent | 5.13% | N/A |
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