Suburb Profile Report for Southport QLD (4215)

Southport House: Median price $605,000, Annual capital growth 3.30%, Number of sales 220, Weekly median advertised rent $480

Southport Unit: Median price $385,000, Annual capital growth 0.35%, Number of sales 888, Weekly median advertised rent $380

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Southport have tracked higher than the QLD average of 2.63% over the last 12 months.

Taking the average capital gain, or increase in median house value, Southport,4215 has racked up an average of 10.20% over the period. This ranks it number 1531th in the whole country for real estate investors looking at median house price increases.

LACK OF BUYER INTEREST may well be the reason that Southport is offering property investors an average of -6.63. This rate of discount on properties puts Suburb at number 209th in terms of most discounted 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 77.05 days.

Southport is 535th on a list of best yielding suburbs for rents in QLD with a 4.13% return

Southport, 4215 ranked 247th in QLD when comparing growth in median property values or capital gain over the last 12 months. Southport is one of 2415 in our list for QLD

Comparing Southport,4215 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property buyers and investors in Southport 4215 should be seeing an average reduction in asking price of around -6.03% . This means that Southport is holding prices well when compared to other suburbs in QLD.

With the median price for a house in Southport being $385000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 5.13%

Metrics i HOUSE UNIT
$605,000 $385,000
0.83% -1.28%
10.20% -3.75%
3.30% 0.35%
$480 $380
220 888
4.13% 5.13%
77.05 89.08

Source: CoreLogic

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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