FOR SALE
Offers Over $920,000

139 Falconer Street
Southport QLD 4215

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 777m2
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Development Opportunity - Corner Block in Southport's Highly Sought After Location- Approx 550sqm of Useable Land

A prime development opportunity in a highly developed, sought-after area. This corner block, offering two street entrances, spans 777m² and is zoned Medium Density Residential, allowing for multiple dwellings (subject to code assessment, approximately 35 business days). The property features an original home with three bedrooms, one bathroom and has a rental potential of $800 per week. This site presents an excellent chance for developers to capitalise on the area's growth potential.
Features:
o Corner block of 777m²
o Two Street entrances
o Zoned Medium Density Residential, allowing for multiple dwellings (subject to code assessment, approximately 35 business days).
o Three bedrooms
o One bathroom with seperate toilet
o $800 per week rental appraisal
o Gold Coast Hospital only short distance on light rail
POI:
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Property Details for 139 Falconer St, Southport

139 Falconer St, Southport is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 777m2. The place is currently for sale with COASTAL °.

Building Type
House
Land Size
777m2

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About Southport 4215

The size of Southport is approximately 14.6 square kilometres. It has 37 parks covering nearly 18.2% of total area. The population of Southport in 2011 was 28,314 people. By 2016 the population was 31,879 showing a population growth of 12.6% in the area during that time. The predominant age group in Southport is 20-29 years. Households in Southport are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Southport work in a professional occupation. In 2011, 41.2% of the homes in Southport were owner-occupied compared with 37.9% in 2016.

Southport has 19,716 properties. Over the last 5 years, Houses in Southport have seen a 67.64% increase in median value, while Units have seen a 97.51% increase. As at 30 November 2024:

  • The median value for Houses in Southport is $1,058,255 while the median value for Units is $719,406.
  • Houses have a median rent of $750 while Units have a median rent of $650.
There are currently 226 properties listed for sale, and 139 properties listed for rent in Southport on OnTheHouse. According to CoreLogic's data, 1056 properties were sold in the past 12 months in Southport.

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