Property value increases in Port Douglas have tracked higher than the QLD average of 2.51% over the last 12 months.
While Port Douglas,4877 ranked number 7th in QLD for increase in median house value (annualised) increase, it is ranked 299th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Port Douglas is offering property investors an average of -7.21. This rate of discount on properties puts Suburb at number 251th in terms of most discounted suburbs in QLD
At number 2429 in a list of fastest selling suburbs, Port Douglas is in the bottom 40% of suburbs in Australia with an average of days on market 93.65 for properties listed there.
Port Douglas is 552th on a list of best yielding suburbs for rents in QLD with a 4.14% return
QLD has seen average median house prices change by 0.65% which means that Port Douglas, 4877 has done well for property investors by showing a capital gain of 6.64% over the last year
Comparing Port Douglas,4877 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -8.22% to buyers in Port Douglas at the moment, which is less than average for the rest of QLD.
Advertised rents are around the $350 mark per week – giving a return of 7.81% based on the median price in Suburb