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%.