House Prices Push Average Australian’s Wealth Even Higher In 2022
Despite worries of a housing downturn, Australians’ wealth actually increased 1.2 per cent on average in the first qua...
Property investors have seen a 2.52% 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 $815,000
Profits averaged 11.81% 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 $650 based on current median home prices for the suburb.
The gross rental yield in PORT DOUGLAS, 4877 is 4.15%.
An average of 9.33 real estate transactions take place per month in PORT DOUGLAS which translates to 112 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||5.16%||-6.81%|
|Median 3 years||35.44%||14.04%|
|Median 5 years||49.54%||13.04%|
|10 years average annual||5.87%||4.04%|
|Weekly media advert. rent||$650||$350|
|Time on Market||93.2 days||79.8 days|
|Gross Rental Yield Percent||4.15%||7%|