Southport

Only five minutes from Surfers Paradise, Southport is the central business district of the Gold Coast and offers a diverse range of real estate from luxury apartments in high rise apartment buildings with spectacular ocean views to older three storey walk-ups and duplexes.

Over the years, traditional single family housing has made way for larger developments, transforming Southport into a higher density residential area.

Investors now make up nearly half of Southport`s housing market and around 90 per cent of the unit/townhouse market.

Part of Southport`s appeal is its beautiful Broadwater parks which showcase some of the best recreational facilities available, including an aquatic playground offering a multitude of activities ranging from swimming, boating, fishing and water-skiing to the extreme of para-sailing and bungee jumping.

Southport boasts numerous large parks and is renowned for its leash-free dog park bordering the Nerang River.

Shopping facilities in the area include Australia Fair and a variety of smaller shopping centres and convenience stores.

A multitude of cafes, takeaways and restaurants are all within a five minute walk while churches, chemists, dentists, doctors, a specialist centre and an after-hours medical centre are all within a 10 minute walk.

One of the Gold Coast`s oldest suburbs, Southport is the hub of the city`s specialist medical services with more than 200 medical specialists and two large hospitals. The Southport Hospital is the largest regional hospital in Queensland.

The mixed use of residential and commercial buildings in Southport has proven popular with younger and local buyers and is expected to attract more affluent residents to the area.

Southport is a well-reputed educational centre, offering both private and State systems. With the prestigious private boarding schools, TSS – The Southport School and St Hilda`s located in Southport it generates a lot of business for the area.

Southport is also the major law enforcement region for the Gold Coast, with the law district court located in the heart of the suburb.

The Gold Coast`s sporting hall of fame is located at Owen Park, Southport, which is also home to the Gold Coast`s Historical Society.

Offering character, variety and liveability, Southport is only six kilometres from Surfers Paradise and an easy commute from Brisbane.

Rapidly becoming one of the Gold Coast`s real estate development hot spots, Southport has several high rise buildings scheduled to be built over the coming few years.

This includes the Raptis Groups` current development of a three-tower retail, commercial and residential development with an end value of about $700 million in the heart of Southport`s central business district which promise to transform the Southport landscape. Two of the towers will stand at 40 storeys and the third will be 45 storeys. The first tower is already complete and the second and third towers have already commenced.

As a key regional centre, Southport enjoys a high rate of employment, with many local residents walking to work or working from their home office.

Source: REIQ