Investment property in Southport has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.52%
Comparing Southport,4215 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
In the last year 265 properties changed hands in Southport, which puts it as the 22th most active market in QLD when comparing the number of sales per suburb.
A $470 per week rent on the median house gives suburb investors a gross yield of circa 4.21%, without taking into account capital value appreciation, which has been averaging out at 3.33%.
Southport has had a quite poor year for property investment returns compared to the rest of QLD, giving investors a capital gain of -2.53% to date .
Over the longer term, Southport has seen property prices show investors a 11.59% return over the last 3 years. This is worse than over the last 12 months
Southport, 4215 is offering QLD ‘s 22th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this QLD.
Situated 61.53km from the CBD, Southport is one of Gold Coast localities in the postcode 4215.