Southport

35,000

Population

$800,000

Average House price

$550,000

Average Unit price

38%

Growth-Unit prices

Location and Demographics

Southport, located on the Gold Coast, Queensland, is a bustling suburb known for its vibrant community, business district, and beautiful Broadwater Parklands. It is situated approximately 5 km north of Surfers Paradise and serves as the Gold Coast’s central business district, making it a convenient and strategic location for both residents and visitors.

Community and Lifestyle

Southport offers a dynamic lifestyle with a diverse local scene that includes a variety of cafes, restaurants, and retail shops, particularly around Australia Fair Shopping Centre and Chinatown. The suburb is popular for its scenic Broadwater Parklands, which provide excellent opportunities for outdoor activities such as picnicking, jogging, and water sports. Southport is also home to several educational institutions, including Griffith University and The Southport School. The suburb is considered safe and family-friendly, offering excellent access to schools, medical facilities, and other essential amenities.

Population Growth

The population has seen steady growth over the years, from around 32,000 in 2016 to an estimated 35,000 by 2024. The suburb attracts a diverse mix of professionals, students, families, and retirees, contributing to its dynamic and inclusive community.

Property Market Trends

The property market in Southport has shown significant growth over the past five years:

Sales Prices

House Prices

2019: $600,000

2024: $800,000

33%
Growth increase

Unit Prices

2019: $400,000

2024: $550,000

38%
Growth increase

Rental Market

Houses

Median Rent

2019: $550

2024: $700

27%
Growth increase

Units

2019: $400

2024: $550

38%
Growth increase

Rental Yield

The rental yield in Southport remains attractive:

Houses

4.55%
Approximately in 2024.

Units

5.18%
Approximately in 2024

Southport is a great place to live and invest

Overall, Southport has experienced substantial growth and continues to be a highly desirable location due to its excellent amenities, strategic location, and strong community spirit. The property market remains robust, making it an ideal location for both living and investment.

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