Suburb Profile Report for Southport QLD (4215)

Southport House: Median price $685,000, Annual capital growth 4.92%, Number of sales 395, Weekly median advertised rent $500

Southport Unit: Median price $378,000, Annual capital growth 1.20%, Number of sales 913, Weekly median advertised rent $420

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Property value increases in Southport have tracked just higher than the QLD average of 12.16% over the last 12 months.

A 27.32% growth in median value for property investors in Southport,4215 puts this suburb at number 280th in terms of best performing suburbs in QLD

State is the 2nd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.90% offered to property buyers. Sellers in Southport itself are offering an average vendor discount of -5.06% to real estate investors.

A $500 per week rent on the median house gives suburb investors a gross yield of circa 3.80%, without taking into account capital value appreciation, which has been averaging out at 4.92%.

QLD has seen average median house prices change by 8.71% which means that Southport, 4215 has done well for property investors by showing a capital gain of 8.00% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Southport comes in at number 192th in QLD.

LACK OF BUYER INTEREST may well be the reason that Southport is offering property investors an average of -4.64. This rate of discount on properties puts Suburb at number 156th in terms of most discounted suburbs in QLD

Situated 67.33km from the CBD, Southport is one of Gold Coast (C) localities in the postcode 4215.

Metrics i HOUSE UNIT
$685,000 $378,000
5.87% 2.02%
18.10% 8.00%
4.92% 1.20%
$500 $420
395 913
3.80% 5.78%
57.422131147541 69.7699619771863

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Good (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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