Suburb Profile Report for Southport QLD (4215)

Southport House: Median price $547,500, Annual capital growth 2.41%, Number of sales 264, Weekly median advertised rent $500

Southport Unit: Median price $367,750, Annual capital growth -0.07%, Number of sales 613, Weekly median advertised rent $390

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

Source: Monthly data update for Jul 2019 as supplied by CoreLogic. Data is reported to the period ending Apr 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

QLD has seen average median house prices change by 2.03% which means that Southport, 4215 has done well for property investors by showing a capital gain of -5.00% over the last year

Southport,4215 has offered an average of -5.00% return per annum in house price rises to property investors over the last three years.

At number 186th of QLD’s most discounted properties, Southport is in the bottom 30% of the state/territory when listing in order of most discounted to least.

With the median price for a house in Southport being $547500 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 4.76%

At number 749th in the list of Australian suburbs ordered by increase in median house value over the last year, Southport, 4215 is in the top half with a property value increase of -0.88% recorded in median house prices.

Southport,4215 has offered an average of -0.88% return per annum in house price rises to property investors over the last three years.

Sellers are offering property buyers an average discount of -7.35% to buyers in Southport at the moment, which is less than average for the rest of QLD.

At number 1192 in a list of fastest selling suburbs, Southport is in the bottom 20% of suburbs in Australia with an average of days on market 106.64 for properties listed there.

With the median price for a house in Southport being $367750 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 5.56%

Metrics i HOUSE UNIT
$547,500 $367,750
-0.32% 1.32%
-5.00% -0.88%
2.41% -0.07%
$500 $390
264 613
4.76% 5.56%
76.44221 106.63966

Source: Monthly data update for Jul 2019 as supplied by CoreLogic. Data is reported to the period ending Apr 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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