Property investors have seen a -3.06% drop in PORT DOUGLAS based on a decrease in median home prices for the past three months.
Homeowners and real estate investors betting on PORT DOUGLAS, 4877 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 12.87%.
Based on its average 5-year and quarterly capital gains PORT DOUGLAS, 4877 saw average growth in the long term.
The QLD suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $570,000
Profits averaged 3.38% per annum over a 3-year period, due to an upward trend in home prices in PORT DOUGLAS, 4877.
This means, real estate investors could earn a rental income of $527.5 based on current median home prices for the suburb.
The gross rental yield in PORT DOUGLAS, 4877 is 4.81%.
An average of 3.67 real estate transactions take place per month in PORT DOUGLAS which translates to 44 per annum.
Property investments in PORT DOUGLAS fare well against the rest of the country last year, registering a median home price increase of 8.17%.
Figures from the previous quarter show that capital gains for real estate buyers in PORT DOUGLAS are low, as opposed to average gains per annum over the past five years.
This means, real estate investors could earn a rental income of $350 based on current median home prices for the suburb.
It is expected for properties to spend some time on the market prior to a successful sale. In PORT DOUGLAS, homes and units usually stay on listing for an average of 128.1 days.
the QLD suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $251,500
Investors saw the median home price rise to $251,500.
PORT DOUGLAS ranks 20th on the list of best yielding suburbs for rental properties in QLD, posting a 7.24% return.
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