42 Falls St, Machans Beach is a 3 bedroom, 2 bathroom House and was built in 1920. The property has a land size of 974m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in February 2018.
INVESTORS NOTE: TENANT IN PLACE UNTIL JULY 2018
This beautiful Queenslander; located in a quiet street on 974m2 only minutes from the beach and ten minutes from the CBD, has had a fabulous makeover. There is a model tenant in place who would be happy to stay on for another couple of years so inspections must be made with appropriate notice.
Fresh paint inside and out, stunning high polished hardwood flooring, new split system air conditioning, huge wraparound verandah, and a large block which has been cleared ready for development make this property an absolute head turner.
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 513 properties. Over the last 5 years, Houses in Machans Beach have seen a 42.88% increase in median value, while Units have seen a 143.61% increase. As at 30 November 2024:
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