Port Douglas' median price has risen by 17 percent annually in the past 4 years: Investar

Port Douglas' median price has risen by 17 percent annually in the past 4 years: Investar
Port Douglas' median price has risen by 17 percent annually in the past 4 years: Investar

Port Douglas is the top ranked Queensland localities where the median price for homes has been on the rapid improve, according to Investar’s market report.

The property investment firm says that in the past four years Port Douglas’ median price has increased by 17 percent.

This is followed by Coolangatta with 14 percent and Mountain Creek with 12 percent.

Suburb

Postcode

Bedrooms

4 year average annual growth (%)

Port Douglas

4877

2

17%

Coolangatta

4225

3

14%

Mountain Creek

4557

5

12%

Nerang

4211

5

11%

Jacobs Well

4208

4

10%

Darra

4076

4

10%

Eastern Heights

4305

4

10%

For the median price of $545,000 a buyer can expect to purchase a two bedroom home at Port Douglas such as the one at 30 Limpet Avenue (above) that was sold for $500,000.

Tags: 
Port Douglas Investar

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