Over the last year, property investments in Labrador, 4215 have given investors a capital gain of 5.43%. This compares favourably with the 2.22% for QLD as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Labrador comes in at number 133th in QLD.
Property investors looking for a bargain in Labrador should be aiming for at least -6.41% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors who have had real estate in Labrador, 4215 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.31%
Over the longer term, Labrador has seen property prices show investors a 17.21% return over the last 3 years. This is worse than over the last 12 months
Property investors looking for a bargain in Labrador should be aiming for at least -5.49% off the asking price, which is the average vendor discount being achieved at the moment.
Using the current median advertised rental of $355 and the average annual increase in value of a median property of 3.00%, investors should hope to achieve an overall return of 5.43%