Suburb Profile Report for Labrador QLD (4215)

Labrador House: Median price $535,000, Annual capital growth 3.15%, Number of sales 115, Weekly median advertised rent $450

Labrador Unit: Median price $353,000, Annual capital growth 2.60%, Number of sales 621, Weekly median advertised rent $365

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Labrador, 4215 ranked 152th 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

Over the longer term, Labrador has seen property prices show investors a 27.38% return over the last 3 years. This is worse than over the last 12 months

Our latest figures would indicate that property sellers in Labrador are currently offering property investors an average price cut of -7.31% below the asking price at the moment.

Labrador is 481th on a list of best yielding suburbs for rents in QLD with a 4.37% return

If you compare the increase in value of investment property in Labrador, 4215 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this QLD suburb was 5.37%.

Labrador,4215 was ranked 1012 in Australia by increase in median property value over the quarter.

Labrador4215 is located in QLD which offers an average discount of -6.08% to property investors. Labrador itself is showing figures that indicate -5.33% is the average achievable by property buyers investing in the suburb.

With the median price for a house in Labrador being $353000 and the advertised rent reaching $365 the gross rental yield for property investors calculates out to be 5.38%

Metrics i HOUSE UNIT
$535,000 $353,000
4.90% 0.14%
10.31% 5.37%
3.15% 2.60%
$450 $365
115 621
4.37% 5.38%
66.76 74.89

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 16401
Median household income ($/weekly) 862
Median age of persons 39
Median housing loan repayment ($/monthly) 1733
Average household size 2.1
  • Census Count Percent(%)
    25-34 years 2663 16.2
    35-44 years 2224 13.6
    45-54 years 2058 12.5
    55-64 years 1999 12.2
    65-74 years 1518 9.3
    Others 5939 36.2
    Age Group
    Census Count Percent(%)
    Not Married 6391 52.9
    Registered Married 4020 33.3
    Defacto Relationship 1660 13.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 9727 65.0
    Papua New Guinea 1628 10.9
    Philippines 193 1.3
    United Kingdom 934 6.2
    Other 869 5.8
    Others 1606 10.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 301 2.1
    Christianity 9525 66.7
    Hinduism 110 0.8
    Islam 390 2.7
    No Religion 3797 26.6
    Others 157 1.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 657 10.4
    $400-$599 888 14.1
    $600-$799 862 13.7
    $800-$999 725 11.5
    $1,500-$1,999 653 10.4
    Others 2521 40.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 4714 37.2
    Employed, worked full-time 4224 33.3
    Employed, worked part-time 2465 19.5
    Unemployed, looking for work 799 6.3
    Employed, away from work 467 3.7
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1100 15.4
    Technicians & trades workers 1098 15.3
    Community & personal service workers 970 13.6
    Clerical & administrative workers 930 13.0
    Sales 934 13.1
    Others 2123 29.7
    Occupation
    Census Count Percent(%)
    Pre-school 174 6.0
    Infants/Primary 820 28.4
    Secondary 525 18.2
    Technical or Further Educational Institution 391 13.5
    University or other Tertiary Institutions 853 29.5
    Others 124 4.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Semi-detached, row or terrace house, townhouse 5602 38.7
    Flat, unit or apartment 4837 33.4
    Separate house 4013 27.7
    Caravan, cabin, houseboat 11 0.1
    House or flat attached to a shop, office 9 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 3467 51.6
    Being purchased 1759 26.2
    Fully owned 1452 21.6
    Other tenure type 36 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals