Suburb Profile Report for Southport QLD (4215)

Southport House: Median price $730,000, Annual capital growth 2.64%, Number of sales 472, Weekly median advertised rent $450

Southport Unit: Median price $399,000, Annual capital growth 3.47%, Number of sales 1139, Weekly median advertised rent $0

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

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Southport is an average performer in QLD when comparing median price capital growth over the last year. Southport gave property investors a average capital gain figure when compared to the rest of the state, with 16.25%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Southport has increased when compared to the 5 year average annual rate.

Southport, 4215 is offering QLD ‘s 642th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this QLD.

Often selling an investment property can take time, and in Southport the average time real estate has been on the market is 54.22 days.

Advertised rents are around the $450 mark per week – giving a return of 5.03% based on the median price in Suburb

Giving property investors a a solid capital gain of 29.17% for the last year, Southport, 4215 is the 279th highest performer in Australia in this respect.

The five-year average increase in median property values for Southport,4215 has given property investors a potential capital gain of 19.23% across each of those five years.

Vendor discounting in Southport is giving property investors an average Vendor Discount of around -3.27%. This puts suburb at number 193th in QLD when ranking the most discounted suburbs.

With the median price for a house in Southport being $399000 and the advertised rent reaching $0 the gross rental yield for property investors calculates out to be 0.00%

Metrics i HOUSE UNIT
$730,000 $399,000
4.49% 4.49%
16.25% 29.17%
2.64% 3.47%
$450 $0
472 1139
5.03% 0.00%
54.22 35.4642857142857

Source: Monthly data update for Jan 2022 as supplied by CoreLogic. Data is reported to the period ending Oct 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very good (U), Good (H)
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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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