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Southport
AREA REPORTS

Southport

Southport - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4215

house
unit

Property investments in SOUTHPORT did not fare well against the rest of the country last year, registering a median home price decrease of 6.09%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, 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 65.6 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 $610,000.

SOUTHPORT ranks 515th on the list of best yielding suburbs for rental properties in QLD, posting a 4.22% return.

Data report can be found below

Southport
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $610,000 $360,000
GROWTH REPORT
Median Quarterly 3.39% 1.41%
Median 12 month 6.09% 2.86%
Median 3 years 9.91% -4.19%
Median 5 years 18.22% -5.26%
10 years average annual 2.8% 0.67%
Weekly media advert. rent $495 $400
Time on Market 65.6 days 90.6 days
Gross Rental Yield Percent 4.22% 5.78%
demographics (median values)
Total Population
24098
Weekly Household Income
779.9
Household Size
2.10
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