Giving property investors a a stable capital gain of 7.61% for the last year, Labrador, 4215 is the 1427th highest performer in Australia in this respect.
While Labrador,4215 ranked number 225th in QLD for increase in median house value (annualised) increase, it is ranked 115th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Labrador is offering property investors an average of -7.32. This rate of discount on properties puts Suburb at number 369th in terms of most discounted suburbs in QLD
Often selling an investment property can take time, and in Labrador the average time real estate has been on the market is 75.33 days.
Situated 64.72km from the CBD, Labrador is one of Gold Coast localities in the postcode 4215.
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 3.50%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Labrador has increased when compared to the 5 year average annual rate.
Property buyers and investors in Labrador 4215 should be seeing an average reduction in asking price of around -5.44% . This means that Labrador is holding prices well when compared to other suburbs in QLD.
The QLD suburb of Labrador, 4215 is in the Gold Coast local government area.