Southport has had a pretty average year for property investment returns compared to the rest of QLD, giving investors a capital gain of 1.85% to date .
Southport,4215 has offered an average of 1.85% return per annum in house price rises to property investors over the last three years.
Southport, 4215 is offering QLD ‘s 337th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this QLD.
On average over the past year, suburb has had 25.17 sales per month, which equates to 302 per year.
With the median price for a house in Southport being $550000 and the advertised rent reaching $470 the gross rental yield for property investors calculates out to be 4.44%
Property value increases in Southport have tracked just higher than the QLD average of 0.74% over the last 12 months.
The five-year average increase in median property values for Southport,4215 has given property investors a potential capital gain of 26.81% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Southport is offering property investors an average of -6.08. This rate of discount on properties puts Suburb at number 105th in terms of most discounted suburbs in QLD
Southport, 4215’s gross rental yield is 4.82%