Property investors who have had real estate in Machans Beach, 4878 should be unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -7.69%
Property investors looking for a bargain in Machans Beach should be aiming for at least -7.05% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Machans Beach the average time real estate has been on the market is 90.7 days.
With the median price for a house in Machans Beach being $360000 and the advertised rent reaching $402.5 the gross rental yield for property investors calculates out to be 5.81%