Investment property in Port Douglas has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -5.70%
Port Douglas,4877 was ranked 2823 in Australia by increase in median property value over the quarter.
The most recent median price for Port Douglas is $504500, with sellers offering an average of -8.92% off the asking price.
Often selling an investment property can take time, and in Port Douglas the average time real estate has been on the market is 109.16 days.
The QLD suburb of Port Douglas, 4877 is in the Douglas local government area.
Property value increases in Port Douglas have tracked just higher than the QLD average of 0.77% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Port Douglas comes in at number 252th in QLD.
Property buyers and investors in Port Douglas 4877 should be seeing an average reduction in asking price of around -7.66% . This means that Port Douglas is holding prices well when compared to other suburbs in QLD.
On average over the past year, suburb has had 21.83 sales per month, which equates to 262 per year.
Advertised rents are around the $330 mark per week – giving a return of 7.46% based on the median price in Suburb