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%