We will briefly look at QLD suburbs in our upcoming posts before getting back to VIC.
Today the suburb analysis will be for Douglas, QLD. Located near Townsville, Douglas is considered a convenient and friendly suburb with nice facilities. With Port Douglas nearby, it provides a tropical destination with access to lovely beaches and surroundings. Has good access to school, transport, and shops.
Median Price / Capital Growth - $640,000, has seen 6.21% annual compound growth in the last 10 years.
Rental Yield - 4.55%
Population - 7,780
Vacancy Rate - 0.85%
Vendor Discount Rate - 0%
