The Port Douglas Shire has a bustling rental property market – allowing people from all over Australia to enjoy living in this beautiful region of the country as tenants. At Property Shop Port Douglas & Mossman, we have a portfolio of over 400 properties for permanent rental throughout this area. There is no real estate team better equipped to answer all your Port Douglas rental property questions – so we’ve done just that.
Our experienced team has responded to some of the most frequently asked questions about renting in Port Douglas, so you can have everything you need to know about the rental market in this region.
What is the rental market like in Port Douglas?
The Port Douglas rental market has seen increased activity over the past 12-18 months, during the COVID-19 pandemic. Many Australians have chosen to move to a rental property in the Douglas Shire as the region has been significantly less affected by the virus than other parts of Australia – in particular, the capital cities. Tenants have found the tropical, open and welcoming environment of Port Douglas and its surrounds to be the perfect alternative from the restrictive nature of cities in lockdown.
Many Port Douglas tenants have eventually bought the properties they were renting, while others have chosen to live in the region for a 6–12-month period to experience a sea/tree change.
What areas in Port Douglas are best for renting?
Anywhere in Port Douglas is a good place to rent! No matter if you are looking for short- or long-term rental properties in Port Douglas, the town has plenty of locations that attract tenants.
This answer does depend slightly on what type of property you are looking to rent. Houses for rent are generally found in the Reef Park, Craiglie and Port Gardens areas, while Port Douglas’ units and apartments are located along Four Mile Beach and closer to the town’s main street.
Are rental prices going up or down in Port Douglas over 2021-22?
Rental prices have been trending up in Port Douglas over the past few years. This trend has run parallel with property prices, which have also increased over the same period of time. Many rental properties have become owner-occupied, leading to a shortage in the local market.
How much does it cost to rent a house in Port Douglas?
The average price of renting a house in Port Douglas is $500/week. Meanwhile, the average price for renting an apartment is $390/week. Again, these prices are only averages, and rental properties in the region can vary greatly in their costs.
Is there a rental shortage in Port Douglas?
There has been a shortage of apartments and houses for rent in Port Douglas QLD as the prices have increased and more owners have chosen to live in their investment properties. However, more and more tenants have chosen to rent in the nearby towns of Mossman and Cooya Beach due to their cheaper prices and greater availability.
Mossman is the second largest town in the Shire of Douglas and is home to the only high school in the region while having access to the beautiful Mossman Gorge. Property Shop even has one of its three offices based in Mossman. Meanwhile, Cooya Beach is a short 15-minute drive from Port Douglas and is renowned for its relaxed lifestyle. Either town makes for an ideal alternative to live if there is a shortage of rental properties in Port Douglas.
Get in Touch
Property Shop Port Douglas & Mossman have a team of local real estate professionals who are dedicated to helping people find the right rental property for them. We offer lease agreements that range from 3-12 months in length, while our team of exceptional property managers excels in providing support for all tenants and owners. To find out more, reach out to us today on 07 4099 5355.