Machans Beach, QLD 4878: Suburb Profile & Property Report

Market Report

House report
Unit Report

Machans Beach has 19 houses available for sale. The median property price for a house is currently $530,000 with annual capital growth of -8.62% . There were 15 house sales in the past 12 months. On average, houses spend 28 days on market.

If you're thinking about buying an investment property in Machans Beach, consider that rental yields for houses are currently 5.72% with an average median rent of $630 weekly. Houses have seen -3.64% growth in the past quarter, and -8.62% growth in the past 12 months.

The size of Machans Beach is approximately 4 square kilometres. It has 3 parks covering nearly 3.4% of total area. The population of Machans Beach in 2011 was 941 people. By 2016 the population was 1,061 showing a population growth of 12.8% in the area during that time. The predominant age group in Machans Beach is 50-59 years.

Households in Machans Beach are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Machans Beach work in a professional occupation. In 2011, 62.9% of the homes in Machans Beach were owner-occupied compared with 68.1% in 2016.

Machans Beach has 4 units available for sale.

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Key Market Data	House	Unit
Median price	$530,000	–
Quarterly growth	-3.64%	–
12-month growth	-8.62%	–
Average annual growth	+6.37%	–
Weekly median rent	$630	–
Gross rental yield	5.72%	5.33%
Number of Sales (12m)	15	–
Avg. Days on Market (12m)	28	–

Jump to Market Trends

Key Demographics	2011	2016
Total population	941	1,061
Population change (5y)	+0.53%	+12.80%
Median household income (p/w)	$1,149	$1,373
Household income change (5y)	+15.13%	+19.50%
Median age of persons	41	45

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Machans Beach is $530,000 for houses.

The Median Growth in Machans Beach over the past 12 months is -8.62% for houses.

Over the past 12 months there were 15 houses sold in Machans Beach. On average, houses spent 28 days on market.

In the past 12 months up to July 2024 there were 15 houses sold in Machans Beach. On average, houses spent 28 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Machans Beach is $630 for houses.

The Rental Yield in Machans Beach is 5.72% for houses and 5.33% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Machans Beach was 1,061 in 2016, a +12.80% change compared to 2011.

The predominant age group in Machans Beach is 50-59 years.

The population of Machans Beach was 1,061 in 2016, a +12.80% change compared to 2011.

The predominant age group in Machans Beach is 40-49 years.

Most of the population in Machans Beach were born in Australia.

Most of the population in Machans Beach report their religion as No Religion.

Most of the population in Machans Beach report their income range as between $78,000 and $130,000 .

The median household income in Machans Beach was $1,373 in 2016, a +19.50% change compared to 2011.

Most of the population in Machans Beach report their income range as between $52,000 and $78,000 .

The median household income in Machans Beach was $1,149 in 2011, a +15.13% change compared to 2006.

Most of the population in Machans Beach work as Professional.

The chart below demonstrates the various levels of education in Machans Beach.

Most of the population in Machans Beach reached a qualification level of Not Stated.

Most of the population in Machans Beach reached a qualification level of Certificate.

2011 2016

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