Suburb Profile Report for Port Douglas QLD (4877)

Port Douglas House: Median price $587,250, Annual capital growth 1.97%, Number of sales 47, Weekly median advertised rent $520

Port Douglas Unit: Median price $253,500, Annual capital growth -1.64%, Number of sales 299, Weekly median advertised rent $350

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Port Douglas has had a A very good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 17.45% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Port Douglas comes in at number 54th in QLD.

Sellers are offering property buyers an average discount of -8.36% to buyers in Port Douglas at the moment, which is less than average for the rest of QLD.

Using the current median advertised rental of $520 and the average annual increase in value of a median property of 1.97%, investors should hope to achieve an overall return of 4.60%

Over the last year, property investments in Port Douglas, 4877 have given investors a capital gain of 17.91%. This compares very favourably with the 0.66% for QLD as a whole.

Port Douglas,4877 was ranked 168 in Australia by increase in median property value over the quarter.

Property buyers and investors in Port Douglas 4877 should be seeing an average reduction in asking price of around -7.95% . This means that Port Douglas is holding prices well when compared to other suburbs in QLD.

Using the current median advertised rental of $350 and the average annual increase in value of a median property of -1.64%, investors should hope to achieve an overall return of 7.18%

Metrics i HOUSE UNIT
$587,250 $253,500
3.94% 7.87%
17.45% 17.91%
1.97% -1.64%
$520 $350
47 299
4.60% 7.18%
114.45 137.13

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
Find a mortgage broker in Port Douglas QLD
Demographics
Total population 3205
Median household income ($/weekly) 1068
Median age of persons 38
Median housing loan repayment ($/monthly) 1625
Average household size 2.1
  • Census Count Percent(%)
    20-24 years 270 8.4
    25-34 years 604 18.8
    35-44 years 499 15.6
    45-54 years 484 15.1
    55-64 years 465 14.5
    Others 884 27.6
    Age Group
    Census Count Percent(%)
    Not Married 947 44.2
    Registered Married 748 34.9
    Defacto Relationship 446 20.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 1913 69.1
    Greece 42 1.5
    Papua New Guinea 187 6.8
    United Kingdom 244 8.8
    Other 110 4.0
    Others 273 9.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 59 2.3
    Christianity 1439 55.1
    Hinduism 17 0.7
    Other Religious Groups 22 0.8
    No Religion 1046 40.1
    Others 27 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 138 12.4
    $600-$799 133 11.9
    $800-$999 119 10.7
    $1,000-$1,249 126 11.3
    $1,500-$1,999 167 15.0
    Others 430 38.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1184 48.7
    Employed, worked part-time 547 22.5
    Not in the labour force 530 21.8
    Employed, away from work 97 4.0
    Unemployed, looking for work 73 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 289 15.8
    Technicians & trades workers 277 15.1
    Community & personal service workers 335 18.3
    Sales 240 13.1
    Labourers 244 13.3
    Others 446 24.4
    Occupation
    Census Count Percent(%)
    Infants/Primary 149 38.7
    Secondary 88 22.9
    Technical or Further Educational Institution 53 13.8
    University or other Tertiary Institutions 53 13.8
    Other type of educational institution 22 5.7
    Others 20 5.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1242 47.4
    Flat, unit or apartment 691 26.4
    Semi-detached, row or terrace house, townhouse 614 23.5
    Caravan, cabin, houseboat 62 2.4
    House or flat attached to a shop, office 9 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 664 55.2
    Being purchased 286 23.8
    Fully owned 243 20.2
    Other tenure type 9 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals