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Southside
AREA REPORTS

Southside

Southside - SUBURB PROFILE REPORT
POSTAL CODE: QLD, 4570

house
unit

Property investors have seen a 5.26% gain in SOUTHSIDE based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on SOUTHSIDE, 4570 can rest assured about this QLD suburb's performance. The suburb saw median home prices rise by 29.87%.

Based on its average 5-year and quarterly capital gains SOUTHSIDE, 4570 saw average growth in the long term.

The QLD suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $500,000

Profits averaged 14.98% per annum over a 3-year period, due to an upward trend in home prices in SOUTHSIDE, 4570.

This means, real estate investors could earn a rental income of $380 based on current median home prices for the suburb.

The gross rental yield in SOUTHSIDE, 4570 is 3.95%.

An average of 15.75 real estate transactions take place per month in SOUTHSIDE which translates to 189 per annum.

Data report can be found below

Southside
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $500,000 $314,500
GROWTH REPORT
Median Quarterly 5.26% 12.32%
Median 12 month 29.87% 28.37%
Median 3 years 44.93% N/A
Median 5 years 53.85% 14.36%
10 years average annual 5.07% 4.71%
Weekly media advert. rent $380 $285
Time on Market 21.7 days 25.7 days
Gross Rental Yield Percent 3.95% 4.71%
demographics (median values)*
Total Population
4840
Weekly Household Income
894.1
Household Size
2.70
Age
38
Monthly Loan Repayment
1083
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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