Property value increases in Port Douglas have tracked lower than the QLD average of 2.11% over the last 12 months.
Port Douglas,4877 was ranked 2715 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -8.72% to buyers in Port Douglas at the moment, which is less than average for the rest of QLD.
With the median price for a house in Port Douglas being $504000 and the advertised rent reaching $455 the gross rental yield for property investors calculates out to be 4.69%
QLD has seen average median house prices change by 1.12% which means that Port Douglas, 4877 has done well for property investors by showing a capital gain of 5.73% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Port Douglas comes in at number 227th in QLD.
Port Douglas4877 is located in QLD which offers an average discount of -6.00% to property investors. Port Douglas itself is showing figures that indicate -8.00% is the average achievable by property buyers investing in the suburb.
A $340 per week rent on the median house gives suburb investors a gross yield of circa 7.67%, without taking into account capital value appreciation, which has been averaging out at -3.11%.