Southport at a glance
40,564
People
$1,230,000
Median sale
$773/wk
Median rent
3.27%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
QLD › Southport › Shearer Ct
$1,600,000
Last sold
17 Aug 2026
3
Bedrooms
2
Bathrooms
4
Car spaces
647 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,600,000
17 Aug 2026 · derived via latest_sale
Local land rate: recorded House sales in Southport (last 5 years) with land size have a median of $2,075/m² of land (n=26). Districts calculation from recorded sales — not a valuation.
Southport at a glance
40,564
People
$1,230,000
Median sale
$773/wk
Median rent
3.27%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
Vs Southport
+30.1%
Median sale
Suburb $1,230,000
-0.76 pp
Gross yield
Suburb 3.27%
Suburb median $1,230,000 from 41 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $773/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Southport at a glance
40,564
People
$1,230,000
Median sale
$773/wk
Median rent
3.27%
Suburb gross yield
Median sale from 41 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by taylorsproperty.com.auOpportunities of this calibre are exceptionally rare and buyers seeking unmatched future upside, immediate liveability within a blue-chip location will need to act fast to secure 2 Shearer Court, Southport.
Positioned on a highly desirable RD5 zoned landholding in one of the Gold Coast's fastest evolving lifestyle and development precincts, this immaculate brick and tile residence presents an extraordinary chance to secure not only a beautifully maintained home, but a strategic investment with enormous future potential.
Lovingly cared for and presented in impeccable move-in-ready condition, the residence offers effortless low maintenance living with four vehicle accommodation incorporating large double garage plus an oversized double carport and expansive fully covered outdoor entertaining. Generous interiors and the option to reconfigure the existing floorplan would provide the choice of dual living provision or additional bedroom occupation. Excellent rental appeal for those looking to landbank and capitalise on future growth.
However, it is the incredible redevelopment flexibility and premier position that truly sets this property apart.
Set upon a gently elevated parcel, the site captures the potential for stunning future city skyline views, while the valuable RD5 zoning opens the door to a wide array of exciting possibilities including a boutique high-rise development, luxury duplex pair, triplex configuration or four high-end villas (STCA). Whether you are a developer, investor, builder or strategic buyer wanting to secure a trophy parcel in a rapidly transforming pocket, the upside here is undeniable.
Location simply does not get more convenient.
Situated literally only a few hundred metres from the G light rail, connectivity is effortless. To the immediate north lies the Griffith University and Gold Coast University Hospital precinct, while to the south you have Queen Street Village with its vibrant dining, shopping and cinema offerings. The Broadwater Parklands, Southport CBD, schools, cafes and major amenities are all moments away, reinforcing why this location continues to experience such strong demand and growth.
Properties offering this combination of immediate comfort, substantial holding income potential, future redevelopment flexibility and premium location are becoming almost impossible to find.
The instructions here are clear... this is a property buyers will need to move extremely quickly to acquire.
Listing description written by Brett Klerck, taylorsproperty.com.au — reproduced as published, not verified by Districts.
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