Machans Beach, 4878 ranked 759th in QLD when comparing growth in median property values or capital gain over the last 12 months. Machans Beach is one of 2415 in our list for QLD
Taking the average capital gain, or increase in median house value, Machans Beach,4878 has racked up an average of -8.86% over the period. This ranks it number 3020th in the whole country for real estate investors looking at median house price increases.
LACK OF BUYER INTEREST may well be the reason that Machans Beach is offering property investors an average of -7.31. This rate of discount on properties puts Suburb at number 276th in terms of most discounted suburbs in QLD
With the median price for a house in Machans Beach being $360000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 5.49%