70 Alicia Street, Southport QLD 4215

70 Alicia Street, Southport QLD 4215
3-bed original house | 508m² land-weighted offering | strong rental demand | school catchment | redevelopment upside A rare land-weighted presence is offered by this original three-bedroom house on a 508 square metre lot. Genuine flexibility is created by the modest building footprint and older condition for renovation, extension, or potential redevelopment. Strong rental demand is supported by established school catchments, and the property is best suited to investors seeking yield with growth upside, while owner-occupiers wanting a project with central location advantages are also well served. The condition of the existing dwelling is considered a key value factor, as capital investment might be required to match modern standards. Zoning and redevelopment potential are thought to materially affect price, though careful due diligence is needed on approvals and overlay constraints. Final outcomes may also be influenced by market timing and buyer competition.
Detailed Independent Property Report prepared  by PropCred Analyst team for 70 Alicia Street, Southport QLD 4215
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk ✕ 2
Income Risk ✓
Execution Risk ✓
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Market Insight

Southport, a business hub north of Surfers Paradise overlooking the Broadwater, is driven by young professionals attracted to health, education and IT jobs. House prices have climbed 13.7-19.8% annually to a median of $1.11-1.26 million, with 26-28 days on market and 350 annual sales. Units show a median of $725,000-795,000, rising 9.5-15.6%, with gross yields around 5%. Vacancy sits below 1%. The Health and Knowledge Precinct expansion and population growth outpacing home construction underpin demand. Only five new houses are planned for 2026, shifting buyers to units, while four-bedroom prices near $1.1 million test affordability.
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PropCred Estimated Value

Comparable Sales: 10 Alicia Street $965k, 40 Alicia Street $820k | Property Price Band: $900K-$1M | Value Drivers: land size, original condition, redevelopment potential

Bedrooms

4

Bathroom

1

Parking

1

Land

508m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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