Suburb Profile Report for Southport QLD (4215)

Southport House: Median price $545,000, Annual capital growth 3.75%, Number of sales 295, Weekly median advertised rent $460

Southport Unit: Median price $390,000, Annual capital growth 2.36%, Number of sales 980, Weekly median advertised rent $365

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

Source: CoreLogic

  • House Report
  • Unit Report

Southport has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 1.11% to date .

While Southport,4215 ranked number 471th in QLD for increase in median house value (annualised) increase, it is ranked 58th over the last 5 years.

The most recent median price for Southport is $545000, with sellers offering an average of -6.30% off the asking price.

Advertised rents are around the $460 mark per week – giving a return of 4.39% based on the median price in Suburb

Property value increases in Southport have tracked just higher than the QLD average of 0.65% over the last 12 months.

While Southport,4215 ranked number 98th in QLD for increase in median house value (annualised) increase, it is ranked 62th over the last 5 years.

Our latest figures would indicate that property sellers in Southport are currently offering property investors an average price cut of -6.65% below the asking price at the moment.

On average over the past year, suburb has had 81.67 sales per month, which equates to 980 per year.

Using the current median advertised rental of $365 and the average annual increase in value of a median property of 2.36%, investors should hope to achieve an overall return of 4.87%

Metrics i HOUSE UNIT
$545,000 $390,000
0.00% 1.12%
1.11% 2.36%
3.75% 2.36%
$460 $365
295 980
4.39% 4.87%
72.91 100.55

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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