Suburb Profile Report for Southport QLD (4215)

Southport House: Median price $550,000, Annual capital growth 1.97%, Number of sales 264, Weekly median advertised rent $495

Southport Unit: Median price $360,000, Annual capital growth -0.77%, Number of sales 639, Weekly median advertised rent $380

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

QLD has seen average median house prices change by 1.91% which means that Southport, 4215 has done well for property investors by showing a capital gain of -2.65% over the last year

Southport,4215 was ranked 3778 in Australia by increase in median property value over the quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Southport, 4215. Typically our figures indicate that -8.92% is being offered, which puts this QLD suburb at 1027th most discounted overall in Australia.

At number 2863 in a list of fastest selling suburbs, Southport is in the bottom 40% of suburbs in Australia with an average of days on market 89.18 for properties listed there.

Property investors should expect to get $495 weekly from the median priced house in this suburb.

With a capital gain of -4.00% for the last 12 months, Southport, 4215 has performed for property investments than its average annual -0.77% property growth over the last 5 years.

When looking at the potential capital gains offered to property investors over the last 3 years, Southport comes in at number 213th in QLD.

Sellers are offering property buyers an average discount of -8.18% to buyers in Southport at the moment, which is less than average for the rest of QLD.

A $380 per week rent on the median house gives suburb investors a gross yield of circa 5.49%, without taking into account capital value appreciation, which has been averaging out at -0.77%.

Metrics i HOUSE UNIT
$550,000 $360,000
-4.35% 0.56%
-2.65% -4.00%
1.97% -0.77%
$495 $380
264 639
4.68% 5.49%
89.18 127.85

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Balanced (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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