Property value increases in Labrador have tracked just higher than the QLD average of 2.38% over the last 12 months.
Labrador,4215 was ranked 2573 in Australia by increase in median property value over the quarter.
Property investors looking for a bargain in Labrador should be aiming for at least -6.72% off the asking price, which is the average vendor discount being achieved at the moment.
Labrador is 478th on a list of best yielding suburbs for rents in QLD with a 4.43% return
Labrador, 4215 ranked 87th in QLD when comparing growth in median property values or capital gain over the last 12 months. Labrador is one of 2415 in our list for QLD
Labrador,4215 was ranked 877 in Australia by increase in median property value over the quarter.
Sellers are offering property buyers an average discount of -5.82% to buyers in Labrador at the moment, which is less than average for the rest of QLD.
On average over the past year, suburb has had 48.75 sales per month, which equates to 585 per year.
Advertised rents are around the $360 mark per week – giving a return of 5.33% based on the median price in Suburb