Over the last year, property investments in Southport, 4215 have given investors a capital gain of 0.55%. This compares badly with the 2.45% for QLD as a whole.
Over the longer term, Southport has seen property prices show investors a 23.01% return over the last 3 years. This is worse than over the last 12 months
At number 326th of QLD’s most discounted properties, Southport is in the bottom 40% of the state/territory when listing in order of most discounted to least.
In the last year 284 properties changed hands in Southport, which puts it as the 19th most active market in QLD when comparing the number of sales per suburb.
Southport, 4215 ranked 174th in QLD when comparing growth in median property values or capital gain over the last 12 months. Southport is one of 2415 in our list for QLD
Southport,4215 has offered an average of 0.77% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Southport are currently offering property investors an average price cut of -6.38% below the asking price at the moment.
A $370 per week rent on the median house gives suburb investors a gross yield of circa 4.90%, without taking into account capital value appreciation, which has been averaging out at 1.44%.