QLD has seen average median house prices change by 0.78% which means that Southport, 4215 has done well for property investors by showing a capital gain of -4.28% over the last year
A 21.78% growth in median value for property investors in Southport,4215 puts this suburb at number 225th in terms of best performing suburbs in QLD
Property buyers and investors in Southport 4215 should be seeing an average reduction in asking price of around -8.28% . This means that Southport is holding prices well when compared to other suburbs in QLD.
Residents and property investors in Southport have been waiting around 83.3384 days to sell a property.
A $495 per week rent on the median house gives suburb investors a gross yield of circa 4.70%, without taking into account capital value appreciation, which has been averaging out at 2.30%.
QLD has seen average median house prices change by -0.57% which means that Southport, 4215 has not done well for property investors by showing a capital gain of 3.50% over the last year
Across a shorter period, Southport, 4215 has seen a median price increase of 1.37% over the last quarter.
Property investors looking for a bargain in Southport should be aiming for at least -7.55% off the asking price, which is the average vendor discount being achieved at the moment.
At number 1160 in a list of fastest selling suburbs, Southport is in the bottom 20% of suburbs in Australia with an average of days on market 111.702 for properties listed there.
Property investors should expect to get $390 weekly from the median priced house in this suburb.