Southport Market Update 2 nd H a l f 2 0 2 5
FUTURE DEVELOPMENTS
OVERVIEW
In Q2 2025, Southport* recorded a median house price of $1,220,000 and a median unit price of $710,000. This represents an annual (Q2 2024 – Q2 2025) growth of 6.1% for houses and 5.0% for units, creating an ideal opportunity for owners to capitalise on their investments. Comparing Q2 2024 and Q2 2025, total sales increased by 3.4% (to 90 sales in Q2 2025) for houses, underscoring strong demand. Given that no new dwellings are planned for 2025, buyers are encouraged to act fast. In the unit market, sales declined by -35.7% (to 301 sales in Q2 2025). This confirms a clearly undersupplied market for units in Southport*, which created a buffer against higher interest rates, thus continued price growth.
CHANGE FROM LAST
YEAR
Southport£ will see approximately $1.1B of new projects commencing construction in 2025. Residential $60.5M
HALF YEAR
Mixed-Use
HOUSE SALE S
$617.0M
Infrastructure $442.2M
HOUSE ME DIAN PRICE HOUSE RE NTAL PRICE A key mixed-use project planned for 2025 is Monarch Place Imperial Square Mixed Use Development Stage 2. It will deliver a 42-storey tower comprising 145 two-bedroom palatial residences and 80 serviced apartments.
UNIT SALE S UNIT ME DIAN PRICE UNIT RE NTAL PRICE
Key residential projects include:
$ MARKET CONDITIONS MEDIAN PRICE Q2 2025
$1.2M
$710K
MEDIAN PRICE Q2 2025
$850
SALES
AVERAGE DAYS ON MARKET Q2 2025
56
49
HOUSE
U N I T
RENTALS
$685
AVERAGE DAYS ON MARKET Q2 2025
20
19
HOUSE
U N I T
•
14-22 Meron Street (69 Units)
•
86 Pohlman Street (10 Townhouses)
•
48 Blake Street (5 Townhouses)
•
119 Falconer Street Units (4 Units)
Although there are several residential projects planned in Southport, they will contribute only new apartments and townhouses. At present, there are no new stand-alone dwellings planned in the 2025 pipeline. Comparing planned projects and the number of house and unit sales, it can be concluded that the number of new stock planned cannot meet growing demand. Thus, an undersupply is very possible, pushing up property prices even further for all stock types.
343 Units/ Apartments
31 Townhouses