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Southport
AREA REPORTS

Southport

Southport - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4215

house
unit

Property investments in SOUTHPORT fare well against the rest of the country last year, registering a median home price increase of 10.87%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are high, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains SOUTHPORT, 4215 saw average growth in the long term.

Real estate investors could earn a rental income of $495 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 63.4 days.

Besides that, the Australian suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $637,500.

SOUTHPORT ranks 540th on the list of best yielding suburbs for rental properties in QLD, posting a 4.04% return.

Data report can be found below

Southport
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $637,500 $370,000
GROWTH REPORT
Median Quarterly 5.02% 3.35%
Median 12 month 10.87% 5.71%
Median 3 years 12.83% 0.54%
Median 5 years 19.16% -2.63%
10 years average annual 3.55% 1.03%
Weekly media advert. rent $495 $400
Time on Market 63.4 days 78.2 days
Gross Rental Yield Percent 4.04% 5.62%
demographics (median values)*
Total Population
24098
Weekly Household Income
779.9
Household Size
2.10
Age
38
Monthly Loan Repayment
1300
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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