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    Can you afford to live in Southport?

    Southport is a suburb in Queensland. Median rent is $780/week and the median house price is $490k.

    Median rent

    $780/wk

    Real

    Median price

    $490k

    Est.

    20% deposit

    $98k

    Stamp duty

    $16k

    Southport, Queensland
    Photo by Nick Pitsas, CSIRO · CC BY 3.0 · via Wikimedia CommonsWikipedia

    The numbers, in plain English

    To rent in Southport without housing stress, a household income of about $135,000/year keeps the rent of $780/week at or below 30% of gross income — the standard affordability benchmark. That rent is the official median for a 2-bedroom unit — the most common new lease here (312 bonds lodged). Check your income →

    To buy the median home ($490,000) with a 20% deposit of $98k, repayments at 6.2% over 30 years come to about $2,401/month — comfortable on roughly $96,000/year under the same 30% rule. Saving that deposit at $1,500/month takes about 5.4 years, before stamp duty of $16k ($0 for eligible first home buyers). Run your own loan →

    That price is an estimate, and probably too low. Unlike the rent above, no government publishes open sale prices for Queensland, so we model it from distance, population and income. Where we can check that model against real sales, it runs about 40% under — so treat this figure, and the deposit and repayments built on it, as a rough scale rather than a number to plan around. How we're fixing this →

    Compared to the rest of Queensland, Southport is more expensive to buy than 88% of the state's suburbs (state median $360k) and pricier to rent than 93% (state median $434/week). It sits roughly 67 km from the Brisbane CBD as the crow flies.

    For investors, the median rent against the median price gives a gross rental yield of about 8.3% before costs. Net yield calculator →

    Modelled medians, not valuations — every formula above is documented on our methodology page.

    Actual rents lodged here

    Bonds lodged, June 2026

    Unlike the modelled figures above, these are the real median rents from every rental bond lodged with the Queensland RTA in Southport — a typical 2-bedroom unit rents for $780/week.

    BedroomsTypeMedian rentBonds lodged
    1unit$645/wk246
    2unit$780/wk312
    3house$800/wk64
    4house$1000/wk29

    Source: Queensland Residential Tenancies Authority (CC BY 4.0), by suburb with at least 5 lodgements per figure. Updated quarterly — see data sources.

    Affordability by income

    $60k income

    Rent ($780/wk)

    Over budget

    Budget: $346/wk

    Buy ($490k)

    Repayments are a stretch

    $2,350/mo · deposit in ~10.9yr

    $90k income

    Rent ($780/wk)

    Over budget

    Budget: $519/wk

    Buy ($490k)

    Repayments are a stretch

    $2,350/mo · deposit in ~7.3yr

    $120k income

    Rent ($780/wk)

    Over budget

    Budget: $692/wk

    Buy ($490k)

    Repayments manageable

    $2,350/mo · deposit in ~5.5yr

    Based on 30% gross income rule for rent; 6% p.a. / 30-year P&I loan at 20% deposit for purchase; 15% savings rate for deposit timeline.

    Upfront buying costs

    Purchase price$490k
    20% deposit (no LMI)$98k
    Stamp duty (Queensland)$16k
    Stamp duty (first home buyer)$0
    Conveyancing (est.)$1,500 – $3,000
    Building inspection (est.)$400 – $700
    Total upfront (est.)$116k

    Who lives here & what's nearby

    Real figures for Southport — measured, not modelled.

    Median household income
    $64k
    per year (ABS Census)
    Median age
    40
    years
    Socio-economic (SEIFA)
    64/100
    ABS 2021, national scale — higher is less disadvantaged
    Owner-occupied
    43%
    54% rented
    Housing mix
    Mostly units
    22% houses · 47% units
    Nearest train station
    780 m
    Nearest hospital
    2.5 km
    Schools nearby
    18

    How Southport compares

    • Households here earn about 10% less than the typical suburb in Queensland.
    • Renter-heavy — just 43% own their home, against 69% across Queensland.
    • 54% of homes here are rented, against 25% across Queensland — a rental market.

    Demographics and tenure from the ABS 2021 Census; the socio-economic score is the ABS SEIFA 2021 index of relative disadvantage, scaled 0–100 against every Australian postcode; distances and school counts from OpenStreetMap. Comparisons are against the median suburb in Queensland. Suburb-level price trends aren't shown because no open source publishes them reliably yet — see our data sources.

    What's around Southport

    Real places nearby — the little things that make a suburb feel like home.

    Parks & green space
    • Ward Park300 m
    • Buckley Family Park500 m
    • Middleton Reserve600 m
    • Philip Smith Family Park700 m
    Sport & recreation
    • AAFC - No 221 Squadron900 m
    • ANC - Training Ship Tyalgum900 m
    • AAC - 10 ACU Southport900 m
    • SSAA Southport1.2 km
    Libraries
    • Southport Branch Library1.5 km
    Community
    • Radha Krishna Cultural Centre1.3 km
    • DickfosDunn Charted Accounting1.5 km
    • PCYC Ashmore1.5 km
    • Southport Community Centre1.6 km

    Places within about 3 km, from OpenStreetMap contributors — distances as the crow flies. Something missing or moved? Tell us.

    Compare Southport with another suburb →

    Get to know Southport

    Real places to see and hear what living here is actually like.

    Neighbourhood at a Glance

    Indicative scores based on ABS Census data modelling. Always conduct your own research.

    Safety
    70/100
    Above average
    Schools
    68/100
    Above average
    Lifestyle
    60/100
    Above average

    Related reading

    Government schemes that may apply

    First Home Guarantee (FHBG)

    Buy with as little as 5% deposit, no LMI. Up to 35,000 places/year nationwide.

    Learn more →

    First Home Owner Grant (FHOG)

    Queensland offers a grant for eligible first home buyers purchasing new builds. Amounts vary.

    Learn more →

    First Home Super Saver (FHSS)

    Save up to $50k inside super (taxed at 15% instead of marginal rate), then withdraw for a deposit.

    Learn more →

    Stamp duty concessions

    A first home buyer pays no transfer duty at all on Southport's median of $490,000 — a saving of $15,575 against the standard rate.

    That median is modelled, not observed, and our modelled prices run low — treat the duty figure as indicative.

    Learn more →

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    Rent data for Southport sourced from the ABS 2021 Census, scaled by rental CPI to current values. Calculations use 30% gross income rule, 20% deposit, 6% p.a. loan rate over 30 years. Not financial advice.