Suburb Profile Report for Machans Beach QLD (4878)

Machans Beach House: Median price $360,000, Annual capital growth 2.65%, Number of sales 24, Weekly median advertised rent $403

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

Source: CoreLogic

  • House Report

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%

Metrics i HOUSE UNIT
$360,000 N/A
N/A N/A
-7.69% N/A
2.65% N/A
$403 N/A
24 N/A
5.81% N/A
90.7 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Good (H)
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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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