Suburb Profile Report for Labrador QLD (4215)

Labrador House: Median price $505,000, Annual capital growth 3.23%, Number of sales 122, Weekly median advertised rent $430

Labrador Unit: Median price $350,000, Annual capital growth 3.13%, Number of sales 577, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

Labrador is in the TOP 30% in QLD when comparing median price capital growth over the last year. Labrador gave property investors a good capital gain figure when compared to the rest of the state, with 6.32%.

A 27.20% growth in median value for property investors in Labrador,4215 puts this suburb at number 241th in terms of best performing suburbs in QLD

Property buyers and investors in Labrador 4215 should be seeing an average reduction in asking price of around -6.76% . 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.

Property investors who have had real estate in Labrador, 4215 should be relatively pleased 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 6.06%

Comparing Labrador,4215 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Our latest figures would indicate that property sellers in Labrador are currently offering property investors an average price cut of -5.80% below the asking price at the moment.

On average over the past year, suburb has had 48.08 sales per month, which equates to 577 per year.

Situated 59.55km from the CBD, Labrador is one of Gold Coast localities in the postcode 4215.

HOUSE UNIT
$505,000 $350,000
2.02% 1.45%
6.32% 6.06%
3.23% 3.13%
$430 $360
122 577
4.43% 5.35%
70.07 78.37

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
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