Labrador has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 5.83% to date .
If we look at median property appreciation over just the last three months, Labrador has given property investors a paper return of 0.59%. This puts Suburb as 425 on a list of fastest fasting appreciating suburbs in QLD
Vendor discounting in Labrador is giving property investors an average Vendor Discount of around -7.12%. This puts suburb at number 333th in QLD when ranking the most discounted suburbs.
A $435 per week rent on the median house gives suburb investors a gross yield of circa 4.45%, without taking into account capital value appreciation, which has been averaging out at 2.79%.
At number 591th in the list of Australian suburbs ordered by increase in median house value over the last year, Labrador, 4215 is in the top 40% with a property value increase of 6.59% recorded in median house prices.
Across a shorter period, Labrador, 4215 has seen a median price increase of 0.50% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Labrador is offering property investors an average of -6.05. This rate of discount on properties puts Suburb at number 158th in terms of most discounted suburbs in QLD
Labrador is 172th on a list of best yielding suburbs for rents in QLD with a 5.40% return