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Median values are calculated based on data over a 12 month period.

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Market Report

Douglas has 146 houses available for sale. The median property price for a house is currently 487,600 with annual capital growth of 16.10 . There were 192 house sales in the past 12 months. On average, houses spend 14 days on market.

If you're thinking about buying an investment property in Douglas, consider that rental yields for houses are currently 5.66 with an average median rent of 520 weekly. Houses have seen 8.36 growth in the past quarter, and 16.10 growth in the past 12 months.

The size of Douglas is approximately 8.8 square kilometres. It has 24 parks covering nearly 13.2% of total area. The population of Douglas in 2011 was 7,184 people. By 2016 the population was 7,746 showing a population growth of 7.8% in the area during that time. The predominant age group in Douglas is 20-29 years.

Households in Douglas are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Douglas work in a professional occupation. In 2011, 46.3% of the homes in Douglas were owner-occupied compared with 45.3% in 2016.

Douglas has 43 units available for sale. The median property price for a unit is currently 275,000 with annual capital growth of 5.77 . There were 52 unit sales in the past 12 months. On average, units spend 36 days on market.

If you're thinking about buying an investment property in Douglas, consider that rental yields for units are currently 8.12 with an average median rent of 420 weekly. Units have seen 3.19 growth in the past quarter, and 5.77 growth in the past 12 months.

The size of Douglas is approximately 8.8 square kilometres. It has 24 parks covering nearly 13.2% of total area. The population of Douglas in 2011 was 7,184 people. By 2016 the population was 7,746 showing a population growth of 7.8% in the area during that time. The predominant age group in Douglas is 20-29 years.

Households in Douglas are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Douglas work in a professional occupation. In 2011, 46.3% of the homes in Douglas were owner-occupied compared with 45.3% in 2016.

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Key Market Data House Unit
Median price 487,600 275,000
Quarterly growth +8.36 +3.19
12-month growth +16.10 +5.77
Average annual growth +6.86 +1.72
Weekly median rent 520 420
Gross rental yield 5.66 8.12
Number of Sales (12m) 192 52
Avg. Days on Market (12m) 14 36
Jump to Market Trends
Key Demographics 2011 2016
Total population 7,184 7,746
Population change (5y) +19.87 +7.80
Median household income (p/w) 1,821 1,840
Household income change (5y) +27.34 +1.04
Median age of persons 25 26
Jump to Demographics Trends
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