Thinking about buying in Doonan? Now could not be a better time, with 2210 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,707,000 with prices in this suburb ranging from $416,000 to $7,252,000. Doonan is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Doonan Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Low average incomes in Doonan is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Doonan provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Doonan requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Doonan

	81 PANORAMA DR, DOONAN, QLD, 4562	5	6	3	$13.5M
	61 MEADOW CT, DOONAN, QLD, 4562	5	3	4	BY NEGOTIATION
	78 PANORAMA DR, DOONAN, QLD, 4562	4	3	2	UNDER CONTRACT
	14 VALLEY DR, DOONAN, QLD, 4562	4	2	2	$12,500,000

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