← Back to Southport
AusProp
Investment Brief
Generated 12 September 2026

Southport

Central Gold Coast · QLD 4215

The Gold Coast's CBD — the Health and Knowledge Precinct, a planned 2032 arena and the Spit renewal.

Market snapshot

House
Unit
Median price
$1,450,000
$680,000
Rent / week
$846/wk
$736/wk
Gross yield
3.05% (GC avg 3.2%)
4.89% (GC avg 4.85%)
Growth (1yr)
+10.2%
+7.4%
Auction clearance50%
Days on market36 days
Vacancy rate2.2%
Active listings146

* Sample market figures for layout testing — live Domain data is wired in before launch.

Supply risk

High supply risk12 major DAs approved

12 major approvals in the pipeline — significant new supply could soften rents short-term before population absorbs it.

~1,440
est. new dwellings

Active infrastructure (3)

Gold Coast Health and Knowledge Precinct (Lumina)Commercial

A 9.5-hectare commercial cluster being developed to deliver up to 200,000sqm of life-sciences, health and technology space and around 12,000 jobs.

The Spit Master Plan ImplementationCommercial

The Queensland Government's $60 million Spit Master Plan is progressively delivering community infrastructure and waterfront tourism sites at the Southport Spit.

Gold Coast ArenaOther

A minimum 12,000-seat arena planned at Carey Park, Southport, as a basketball venue and legacy facility for the Brisbane 2032 Games.

Announced · Est. 2030City of Gold Coast ↗

Planning & commercial signals (15)

Southport Priority Development Area★ Major

Declared under the Economic Development Act 2012, the Southport PDA covers 198.3ha including the former Gold Coast Hospital site, the Aquatic Centre and Broadwater Parklands. Economic Development Queensland — not the Council — assesses development applications within it.

One Park Lane — Approved 101-Storey Supertower★ Major

A twin-tower approval at 1 & 6 Park Lane comprising a 101-storey (393.5m) residential tower and a 60-storey commercial office tower — set to become Australia's tallest building, surpassing Q1 and Australia 108.

Major Mixed-Use Development: 146 Units in Southport★ Major

A high-density development featuring 146 total units (73 multiple dwellings and 73 short-term accommodation units), plus commercial retail, food/drink, and health care services.

DD Resort Living $1.5B over-55s luxury community approved★ Major

626-apartment over-55s lifestyle resort by David Devine at 60 Marine Parade (1.4 hectares), featuring three towers, wellness amenities, and Broadwater views. Development application lodged on former Star of the Sea school site within Southport PDA.

5,420m² state land released for 300+ home development★ Major

Queensland government released a 5,420m² site on Scarborough Street within the Southport PDA for high-density or mixed-use development. The release supports housing supply with fast-tracked approvals through PDA framework.

Multiple Dwelling Development — 10 Units at 22 Minnie Street

A Material Change of Use application for a multiple dwelling development comprising 10 residential units at 22 Minnie Street, Southport.

40-Unit Residential Development - 198 Queen Street, Southport

A Material Change of Use application for a 40-unit multiple dwelling development located in the Southport CBD precinct.

34-Unit Affordable/Social Housing Development in Southport

A Material Change of Use application for a 34-unit multiple dwelling complex specifically designated for affordable/social housing at 58 Ridgeway Avenue, Southport.

54-Unit Residential Development — 18-20 Bauer Street

A Material Change of Use application for a 54-unit multiple dwelling development located in Southport.

35-Unit Residential Development in Southport CBD

A material change of use application for a multiple dwelling development comprising 35 units at 77 Pohlman Street, Southport.

30-Unit Community Housing Development in Southport

A material change of use application for a multiple dwelling development comprising 30 community housing units at 21 Minnie Street, Southport.

Multiple Dwelling Development — 68 Units in Southport

The application seeks approval for a Material Change of Use for 68 multiple dwelling units at 44 Eugaree Street, Southport.

Azure expands Gold Coast with 100-apartment Lumina project

Brisbane-based Azure acquired 1.7-hectare site at 1 Clarke Street, Southport within Health & Knowledge precinct. Project delivers 100 apartments within Lumina commercial/innovation precinct. Sales launch scheduled H2 2026.

28-Unit Multiple Dwelling — Southport

Material Change of Use application for a 28-dwelling residential development at 125 Eugaree Street, Southport. This represents a medium-density infill project in a prime Gold Coast CBD-adjacent precinct.

Quest Southport

Quest Southport, a 90-unit new-build aparthotel at 29-31 Lather Street, has officially opened. The property features studios to three-bedroom apartments, each with kitchenettes or full kitchens, plus rooftop pool, fitness centre, and on-site parking. This marks meaningful hospitality infrastructure addition to Southport CBD and demonstrates investor confidence in the precinct's transformation. The property is the second Quest developed by Vecchio Group and signals growing serviced apartment demand in Southport as the city establishes itself as the Gold Coast's CBD.

Summary

Southport has 3 active infrastructure projects, headlined by Gold Coast Health and Knowledge Precinct (Lumina) (under construction). Investment spans commercial, other. The median house price is around $1.14m, with auction clearance strengthening and days on market falling; gross rental yield is about 3.49%.

What happened last time: the Gold Coast Light Rail

Southport sits on this corridor. Two independent university studies tracked property values near light rail stations from 1996 to 2016. Here's what actually happened — not a projection, a record.

The biggest jump (+26%) landed during the feasibility study — years before construction even started, let alone the first tram running. Land 100–400m from a station rose 30% more than land 800m+ away, over the full 1996–2016 window.
+7%extra value within 400m of a station, in just the first year the line operated (vs land 400m–2km away)
$300mtotal land-value uplift across 1,324 properties near Stage 1 stations — about 25% of what Stage 1 cost to build

This is historical research on the Gold Coast's existing light rail (Stages 1–2) — not a guarantee any future project repeats it. We show it because it's the most rigorously documented Gold Coast precedent for how transit signals have actually played out here, and it's why AusProp surfaces planning and funding signals rather than waiting for ribbon-cuttings.