Investment property in Labrador has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.32%
Across a shorter period, Labrador, 4215 has seen a median price increase of 1.51% over the last quarter.
Labrador, 4215 is offering QLD ‘s 395th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this QLD.
Using the current median advertised rental of $430 and the average annual increase in value of a median property of 3.14%, investors should hope to achieve an overall return of 4.43%
Giving property investors a a stable capital gain of 6.06% for the last year, Labrador, 4215 is the 632th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Labrador,4215 has racked up an average of 6.06% over the period. This ranks it number 878th in the whole country for real estate investors looking at median house price increases.
Sellers are offering property buyers an average discount of -5.70% to buyers in Labrador at the moment, which is less than average for the rest of QLD.
With the median price for a house in Labrador being $350000 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 5.35%