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.