Douglas has had a very poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -6.41% to date .
Douglas,4814 was ranked 3693 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Douglas should be aiming for at least -7.90% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 9.17 sales per month, which equates to 110 per year.
Advertised rents are around the $350 mark per week – giving a return of 4.99% based on the median price in Suburb