Property value increases in Southport have tracked just higher than the QLD average of 1.98% over the last 12 months.
If we look at median property appreciation over just the last three months, Southport has given property investors a paper return of -0.60%. This puts Suburb as 557 on a list of fastest fasting appreciating suburbs in QLD
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Southport, 4215. Typically our figures indicate that -5.48% is being offered, which puts this QLD suburb at 2189th most discounted overall in Australia.
Situated 67.31km from the CBD, Southport is one of Gold Coast localities in the postcode 4215.
Property investors who have had real estate in Southport, 4215 should be ok 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 2.74%
The five-year average increase in median property values for Southport,4215 has given property investors a potential capital gain of 11.61% across each of those five years.
Property buyers and investors in Southport 4215 should be seeing an average reduction in asking price of around -6.15% . This means that Southport is holding prices well when compared to other suburbs in QLD.
Often selling an investment property can take time, and in Southport the average time real estate has been on the market is 90.26 days.
Using the current median advertised rental of $360 and the average annual increase in value of a median property of 2.44%, investors should hope to achieve an overall return of 4.99%