Online shopping surge breathes new life into mundane commercial property
The online shopping surge born out of the COVID-19 pandemic has breathed new life into a considerably mundane type of commercial property, a...
Property investors have seen a 18.12% gain in PORT DOUGLAS based on an increase in median home prices for the past three months.
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 $665,000
Profits averaged 0.77% 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 $540 based on current median home prices for the suburb.
The gross rental yield in PORT DOUGLAS, 4877 is 4.22%.
An average of 4 real estate transactions take place per month in PORT DOUGLAS which translates to 48 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $665,000 | $262,500 |
| GROWTH REPORT | ||
| Median Quarterly | 18.12% | 3.55% |
| Median 12 month | 4.23% | 12.42% |
| Median 3 years | 2.31% | 13.02% |
| Median 5 years | 23.15% | 23.53% |
| 10 years average annual | 3.43% | 1.47% |
| Weekly media advert. rent | $540 | $330 |
| Time on Market | 137.5 days | 123.2 days |
| Gross Rental Yield Percent | 4.22% | 6.54% |
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