Suburb Profile Report for Port Douglas QLD (4877)

Port Douglas House: Median price $636,000, Annual capital growth 3.55%, Number of sales 61, Weekly median advertised rent $490

Port Douglas Unit: Median price $231,000, Annual capital growth 0.16%, Number of sales 230, Weekly median advertised rent $358

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

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Port Douglas has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 5.69% to date .

Taking the average capital gain, or increase in median house value, Port Douglas,4877 has racked up an average of 5.69% over the period. This ranks it number 1757th in the whole country for real estate investors looking at median house price increases.

At number 118th of QLD’s most discounted properties, Port Douglas is in the bottom 20% of the state/territory when listing in order of most discounted to least.

Residents and property investors in Port Douglas have been waiting around 140.316 days to sell a property.

Using the current median advertised rental of $490 and the average annual increase in value of a median property of 3.55%, investors should hope to achieve an overall return of 4.01%

Port Douglas, 4877 ranked 115th in QLD when comparing growth in median property values or capital gain over the last 12 months. Port Douglas is one of 2415 in our list for QLD

Port Douglas,4877 has offered an average of 2.67% return per annum in house price rises to property investors over the last three years.

Sellers are offering property buyers an average discount of -6.63% to buyers in Port Douglas at the moment, which is less than average for the rest of QLD.

In the last year 230 properties changed hands in Port Douglas, which puts it as the 14th most active market in QLD when comparing the number of sales per suburb.

A $357.5 per week rent on the median house gives suburb investors a gross yield of circa 8.05%, without taking into account capital value appreciation, which has been averaging out at 0.16%.

Metrics i HOUSE UNIT
$636,000 $231,000
-1.40% -1.70%
5.69% 2.67%
3.55% 0.16%
$490 $358
61 230
4.01% 8.05%
140.315789473684 105.77

Source: Monthly data update for May 2020 as supplied by CoreLogic. Data is reported to the period ending Feb 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Below average (H), Balanced (U)
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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
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