Suburb Profile Report for Machans Beach QLD (4878)

Machans Beach House: Median price $360,000, Annual capital growth 3.35%, Number of sales 23, Weekly median advertised rent $380

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Investment property in Machans Beach has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -6.98%

Sellers are offering property buyers an average discount of -7.78% to buyers in Machans Beach at the moment, which is less than average for the rest of QLD.

Using the current median advertised rental of $380 and the average annual increase in value of a median property of 3.35%, investors should hope to achieve an overall return of 5.49%

HOUSE UNIT
$360,000 N/A
N/A N/A
-6.98% N/A
3.35% N/A
$380 N/A
23 N/A
5.49% N/A
96.95 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 941
Median household income ($/weekly) 1167
Median age of persons 42
Median housing loan repayment ($/monthly) 1369
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 139 14.8
    25-34 years 93 9.9
    35-44 years 148 15.7
    45-54 years 194 20.6
    55-64 years 134 14.2
    Others 233 24.8
    Age Group
    Census Count Percent(%)
    Not Married 294 44.4
    Registered Married 223 33.7
    Defacto Relationship 145 21.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 707 80.0
    Greece 15 1.7
    Papua New Guinea 44 5.0
    United Kingdom 49 5.5
    Other 33 3.7
    Others 36 4.1
    Country of Birth
    Census Count Percent(%)
    Christianity 436 52.8
    No Religion 351 42.5
    Buddhism 28 3.4
    Judaism 6 0.7
    Other Religious Groups 5 0.6
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 35 11.3
    $600-$799 34 11.0
    $1,000-$1,249 38 12.3
    $1,250-$1,499 39 12.6
    $1,500-$1,999 35 11.3
    Others 129 41.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 268 39.1
    Not in the labour force 189 27.6
    Employed, worked part-time 147 21.4
    Unemployed, looking for work 46 6.7
    Employed, away from work 36 5.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 51 11.3
    Professionals 124 27.4
    Technicians & trades workers 78 17.3
    Clerical & administrative workers 60 13.3
    Sales 41 9.1
    Others 98 21.7
    Occupation
    Census Count Percent(%)
    Pre-school 11 5.1
    Infants/Primary 90 41.7
    Secondary 63 29.2
    Technical or Further Educational Institution 8 3.7
    University or other Tertiary Institutions 38 17.6
    Others 6 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 824 92.9
    Flat, unit or apartment 38 4.3
    Semi-detached, row or terrace house, townhouse 25 2.8
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 139 40.5
    Rented 120 35.0
    Fully owned 84 24.5
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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Recent sales & rentals