Southport Market Update 1 st H a l f 2 0 2 6
FUTURE DEVELOPMENTS
OVERVIEW
In Q4 2025, Southport* recorded a median house price of $1,264,000 and a median unit price of $795,000. This is an annual (Q4 2024 – Q4 2025) price growth of 19.8% for houses and 15.6% for units, creating an ideal opportunity for owners to capitalise on their investments. Comparing Q4 2024 and Q4 2025, sales increased by 5.6% (to 95 sales in Q4 2025) for houses, underscoring high demand. For units, sales declined by -12.0% (to 426 sales in Q4 2025), reflecting an undersupply. Given that very few new houses are planned for 2026, house buyers are encouraged to act fast. Unit buyers have more options; however, many house buyers may redirect their budget to units; creating more competition in the market.
CHANGE FROM LAST
YEAR
Southport£ will see approximately $49.3M of new projects commencing construction in 2026.
Residential Commercial $283.5M $294.2M
HALF YEAR
Infrastructure $86.0M
HOUSE SALE S
Mixed-Use
HOUSE ME DIAN PRICE
Projects $772.4M
HOUSE RE NTAL PRICE
A key mixed-use project planned for 2026 is 1 & 6 Park Lane Southport Development ($400.0M), which will deliver two towers comprising 176 apartments, 11,541.6 sq m office, and 421 car parks.
UNIT SALE S UNIT ME DIAN PRICE UNIT RE NTAL PRICE
Key residential projects include:
$
•
20 & 20A Queen Street Apartments (180 Apartments)
•
28-40 Spendelove Street (52 Units)
MARKET CONDITIONS
•
84 Pohlman Street Villas (12 Villas)
•
20 Stradbroke Street (3 Dwellings)
MEDIAN PRICE Q4 2025
$1.26M
$795K
MEDIAN PRICE Q4 2025
$800
SALES
AVERAGE DAYS ON MARKET Q4 2025
42
45
HOUSE
U N I T
RENTALS
$745
Despite multiple residential projects in the pipeline, there is only 5 new houses planned. This is not enough to answer demand for houses, which suggests many buyers will redirect their interest to units. Further, new units take time to develop. Thus, in the short-term, house and unit prices are likely to increase.
AVERAGE DAYS ON MARKET Q4 2025
21
21
HOUSE
U N I T
41 Townhouses
1,854 Units/ Apartments
5 Dwellings