21 Opal Street, Port Douglas QLD 4877

21 Opal Street, Port Douglas QLD 4877
Detached house, 821 m² land, 4 bed 3 bath pool study workshop | Port Douglas residential pocket, school catchment | Family or lifestyle buyer focus | Low-set, 3 m elevation, 31% building coverage. This is a genuinely rare configuration for Port Douglas, where much of the visible stock leans toward compact resort units or townhouses. A 4-bedroom, 3-bathroom detached house with an in-ground pool, dedicated study, workshop, and rumpus room on 821 m² positions it as a family or permanent-lifestyle property rather than a holiday let. The 258 m² building footprint with deck, courtyard, and outdoor entertainment space supports year-round tropical living, and the school catchment for Port Douglas State School adds practical appeal for owner-occupiers. It serves buyers seeking space, privacy, and a functional floor plan over the transient holiday-market product common in the suburb. The low ground elevation of 3 m may warrant attention, though no flood overlay was detected, so it is a caution rather than a red flag. The estimated weekly rent of $985 against a $982,000 value implies a gross yield near 5.2%, which is respectable for a higher-value house and suggests genuine rental demand. Building coverage at 31% leaves room for future extension or a shed, but the lack of a construction year means condition and maintenance history should be verified in person. Presentation, pool condition, and the quality of the workshop and study fit-out may influence final price more than land size alone.
Detailed Independent Property Report prepared  by PropCred Analyst team for 21 Opal Street, Port Douglas QLD 4877
Checks found:
Value Risk
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk ! 1
Execution Risk ! 1
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Market Insight

Port Douglas (4877) is a premium coastal market where houses are outperforming units. Demand is led by local buyers, semi-retirees, families, and business owners housing staff; buyers prefer private blocks, pets, and no body corporate. Median house price is $1.2m, with annual growth of 20.3–33.1%, listings down up to 30% year-on-year and sales volume around 50. Units remain subdued, at a $390k median with annual falls of 2.5–4.2%; gross yields are 4.7% for houses versus 7.6% for units. Tourism recovery and limited long-term rental supply are lifting buyer activity. Principal risks are rate rises reaching Far North Queensland after about a year, and affordability constraints, as incomes sit below the regional average.
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PropCred Estimated Value

Comparable Sales: 21/11-15 Port Douglas Road unit sold $172,000 in 2021 | Property Price Band: $0.9M–$1.0M | Value Drivers: land size, pool and outdoor living, four-bedroom layout with study and workshop

Bedrooms

4

Bathroom

3

Parking

2

Land

821m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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