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.

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.