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Investment Property Labrador, QLD, 4215

Suburb Snapshot

Labrador is a suburb in the Gold Coast Region of Queensland. Labrador has a population of 18,260 people and 43.58% of its occupants live in rental accommodation. The median listing price for houses is $950,000 and this has changed 10.46% over the past year and changed 19.49% over 2 years.

The median rent in Labrador for houses is $700 per week and the median rental yield is 3.83%. Stock on the market for houses/townhouses has changed 22.00% compared to last year and the average time to sell a house/townhouse is 123 days.The median listing price for units is $689,500 and this has changed 15.30% over the past year. The average unit takes 88 days to sell and the median rent for a unit in Labrador is $650 per week, producing a rental yield of 4.90%.

Supply & Demand in Labrador, Gold Coast

1.23%

Current vacancy rate


125

Rental stock available


18,260

Population


43.58%

Rental population


1.08%

Current vacancy rate


3,118

Rental stock available


555,721

Population


31.09%

Rental population


0.87%

Current vacancy rate


20,766

Rental stock available


4,703,187

Population


29.39%

Rental population


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Statistical data for Labrador, Gold Coast

  House Townhouses Units
Median listing price $950,000 $699,000 $689,500
Median price change - last quarter 0.00% 2.28% 2.29%
Median price change - 1 year 10.46% 16.50% 15.30%
Median price change - 2 years 19.49% 27.09% 28.27%
  House Townhouses Units
Median weekly rent $700 $650 $650
Median yield % 3.83% 4.83% 4.90%
Median rent change - 1 year 1.44% 4.00% 18.18%
  House Units
Previous month sales 13 17
Stock on market previous month 61 102
Stock variance vs. last year 22.00% 7.37%
Average days on market 123 88

Labrador investment property listings

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