67 Falconer St, Southport is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 665m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Southport in the last 12 months.
Located in a highly desirable area of Southport, walking distance to all local amenities. This 665m2 block with a 19m street frontage offers a fantastic opportunity for anyone looking to take
advantage of a recently approved development application while receiving a substantial holding
income of $660 per week.
Current Dwelling - The home itself is positioned well on a quiet elevated street, with three
bedrooms, open plan living, polished timber floorboards, two bathrooms and a large back yard,
perfect for growing families. A fixed term tenancy agreement is in place returning $600 per week
with good tenants who are happy to stay on.
DA - Approval for 9 units with the application completed in 2023, offering an astute investor the
chance to capitalise on the ever-growing Gold Coast market. Consisting of nine, two-bedroom,
two-bathroom units over four levels, this development has just been approved by council with a
currency period of six years.
Southport itself stands out as one of the Gold Coast's rapidly expanding neighborhoods, with
numerous local developments and renovations, the recent transformation of the area into a hub of gentrification renders it a highly promising investment for both the present and the future.
Properties in Southport are in high demand, reflecting its booming status.
Please call Steve Landeta for a copy of the information memo
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 77.58% increase in median value, while Units have seen a 93.39% increase. As at 31 August 2024:
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