Suburb Profile Report for Southport QLD (4215)

Southport House: Median price $549,000, Annual capital growth 3.64%, Number of sales 290, Weekly median advertised rent $460

Southport Unit: Median price $397,000, Annual capital growth 2.32%, Number of sales 977, Weekly median advertised rent $370

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Southport, 4215 should be relatively unhappy with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 0.73%

While Southport,4215 ranked number 397th in QLD for increase in median house value (annualised) increase, it is ranked 39th over the last 5 years.

At number 412th of QLD’s most discounted properties, Southport is in the middle of the state/territory when listing in order of most discounted to least.

In the last year 290 properties changed hands in Southport, which puts it as the 16th most active market in QLD when comparing the number of sales per suburb.

Investment property in Southport has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.66%

A 24.06% growth in median value for property investors in Southport,4215 puts this suburb at number 77th in terms of best performing suburbs in QLD

Southport4215 is located in QLD which offers an average discount of -6.15% to property investors. Southport itself is showing figures that indicate -6.58% is the average achievable by property buyers investing in the suburb.

Often selling an investment property can take time, and in Southport the average time real estate has been on the market is 95.71 days.

With the median price for a house in Southport being $397000 and the advertised rent reaching $370 the gross rental yield for property investors calculates out to be 4.85%

Metrics i HOUSE UNIT
$549,000 $397,000
0.73% 2.32%
0.73% 3.66%
3.64% 2.32%
$460 $370
290 977
4.36% 4.85%
72.75 95.71

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)
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Demographics
Total population 28314
Median household income ($/weekly) 881
Median age of persons 36
Median housing loan repayment ($/monthly) 1733
Average household size 2.1
  • Census Count Percent(%)
    20-24 years 3198 11.3
    25-34 years 5000 17.7
    35-44 years 3631 12.8
    45-54 years 3194 11.3
    55-64 years 2991 10.6
    Others 10301 36.4
    Age Group
    Census Count Percent(%)
    Not Married 11426 54.6
    Registered Married 7059 33.8
    Defacto Relationship 2430 11.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 15628 61.0
    Lebanon 808 3.2
    Papua New Guinea 2057 8.0
    United Kingdom 1438 5.6
    Other 1708 6.7
    Others 3968 15.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 800 3.3
    Christianity 15614 63.9
    Hinduism 372 1.5
    Islam 664 2.7
    No Religion 6672 27.3
    Others 315 1.3
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 1349 13.1
    $600-$799 1254 12.2
    $800-$999 1099 10.7
    $1,000-$1,249 1016 9.9
    $1,500-$1,999 1123 10.9
    Others 4453 43.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 8826 39.8
    Employed, worked full-time 6963 31.4
    Employed, worked part-time 4306 19.4
    Unemployed, looking for work 1302 5.9
    Employed, away from work 754 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 2468 20.5
    Technicians & trades workers 1693 14.1
    Community & personal service workers 1608 13.4
    Clerical & administrative workers 1511 12.6
    Sales 1505 12.5
    Others 3240 26.9
    Occupation
    Census Count Percent(%)
    Infants/Primary 1341 20.2
    Secondary 1305 19.7
    Technical or Further Educational Institution 738 11.1
    University or other Tertiary Institutions 2735 41.2
    Other type of educational institution 267 4.0
    Others 255 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 9832 39.9
    Flat, unit or apartment 9172 37.2
    Semi-detached, row or terrace house, townhouse 5594 22.7
    Caravan, cabin, houseboat 40 0.2
    House or flat attached to a shop, office 31 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 6203 56.0
    Fully owned 2383 21.5
    Being purchased 2366 21.4
    Other tenure type 124 1.1
    Tenure Type
Census 2011, ABS
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