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Machans Beach
AREA REPORTS

Machans Beach

Machans Beach - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4878

house
MACHANS BEACH ranks 671st in QLD when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 9.44% for the past year is higher than average compared to its 36.43% growth within a five-year period.

Also in MACHANS BEACH, the median home price is sitting at $492,500, and the average rent at $520, this suggests property owners could potentially earn a 5.49% increase in gross rental yield.

Property investors have seen a 3.68% 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 3.83% growth over a ten-year period. It ranks 2826th on our list of suburbs that property investors should look into.

Data report can be found below

Machans Beach
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $492,500 N/A
GROWTH REPORT
Median Quarterly 3.68% N/A
Median 12 month 9.44% N/A
Median 3 years 22.82% N/A
Median 5 years 36.43% N/A
10 years average annual 3.83% N/A
Weekly media advert. rent $520 N/A
Time on Market 56.6 days N/A
Gross Rental Yield Percent 5.49% N/A
demographics (median values)*
Total Population
934
Weekly Household Income
975.1
Household Size
2.40
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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