QLD has seen average median house prices change by 1.91% which means that Southport, 4215 has done well for property investors by showing a capital gain of -2.65% over the last year
Southport,4215 was ranked 3778 in Australia by increase in median property value over the quarter.
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 -8.92% is being offered, which puts this QLD suburb at 1027th most discounted overall in Australia.
At number 2863 in a list of fastest selling suburbs, Southport is in the bottom 40% of suburbs in Australia with an average of days on market 89.18 for properties listed there.
Property investors should expect to get $495 weekly from the median priced house in this suburb.
With a capital gain of -4.00% for the last 12 months, Southport, 4215 has performed for property investments than its average annual -0.77% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Southport comes in at number 213th in QLD.
Sellers are offering property buyers an average discount of -8.18% to buyers in Southport at the moment, which is less than average for the rest of QLD.
A $380 per week rent on the median house gives suburb investors a gross yield of circa 5.49%, without taking into account capital value appreciation, which has been averaging out at -0.77%.