Labrador, located in the northern suburbs of the Gold Coast, Queensland, is a constantly evolving region that has become increasingly attractive to homebuyers and investors. The housing market in Labrador is characterized by a diverse range of property options, from modern apartments to classic Queenslander homes. The suburb has seen consistent demand over recent years, fueled by its affordability compared to other Gold Coast areas and its close proximity to the Broadwater. This demand has resulted in steady property value appreciation, making Labrador a compelling choice for both first-time buyers and seasoned investors. Prospective buyers appreciate the combination of coastal living with the conveniences of urban life, as the area is well-served by public transport, shopping precincts, and educational institutions.
Living in Labrador offers a unique blend of a relaxed coastal lifestyle and the vibrancy of the Gold Coast's offerings. Residents enjoy easy access to numerous parks, beaches, and recreational facilities, making it an ideal spot for outdoor enthusiasts. The suburb's community is diverse, with a mix of families, young professionals, and retirees, fostering a welcoming and inclusive atmosphere. Labrador's dining scene is varied, with waterfront cafes, seafood restaurants, and multicultural eateries providing plenty of options for dining out. Furthermore, the suburb’s location allows for convenient travel to the bustling hubs of Southport and Surfers Paradise, offering additional shopping, entertainment, and employment opportunities. With its scenic beauty and strategic location, Labrador continues to be a desirable place to call home on the Gold Coast.
Median Weekly Rent | $399.73 |
Median Monthly Mortgage | $1517.27 |
Median Persons Per bed houseroom | 0.82 |
Average Household Size | 2.31 |
Average Age | 43.58 |
Average Income | $653.19 |
Average Cars Per Dwelling | 1.43 |
Average Properties Within 50M | 68 |
Typical 1 bed house | $523,000 |
Typical 2 bed house | $510,000 |
Typical 3 bed house | $800,000 |
Typical 4 bed house | $982,000 |
Typical 5 bed house | $1,084,000 |
Typical 6 bed+ house | $1,241,000 |
Housing Stock
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Thinking about buying in Labrador? Now could not be a better time, with 15032 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $667,000 with prices in this suburb ranging from $38,000 to $6,637,000. Labrador is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Low average incomes in Labrador is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. A mix of professions and above average income earners in Labrador provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Labrador requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Instant Property ValuationLabrador State School
Southport Flexible Learning Centre
Musgrave Hill State School
Southport Special School
Southport State High School
Biggera Waters State School
Queensland Academy for Health Sciences
St Hilda's School
Southport State School
Coombabah State High School
(While the above schools are located with the suburb of Labrador there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Nov | 1.4 | 19.2 | 27.4 | 54.3 | 89.0 | 5.4 | 27.5 |
Dec | 5.6 | 20.9 | 28.4 | 60.5 | 91.9 | 5.5 | 25.3 |
Jan | 5 | 22.0 | 29.2 | 61.1 | 90.6 | 6.1 | 24.6 |
Feb | 8.3 | 21.7 | 29.0 | 63.2 | 90.9 | 6.3 | 21.9 |
Mar | 7.5 | 21.0 | 28.2 | 61.2 | 90.6 | 6.2 | 18.2 |
Apr | 4.3 | 18.2 | 26.4 | 56.5 | 90.6 | 5.5 | 16.7 |
May | 2.1 | 15.0 | 23.5 | 53.8 | 87.4 | 4.7 | 13.8 |
Jun | 2.7 | 12.9 | 21.5 | 52.1 | 87.8 | 4.7 | 11.9 |
Jul | 2.2 | 12.1 | 21.3 | 48.5 | 88.0 | 4.7 | 13.2 |
Aug | 0.5 | 12.2 | 22.9 | 40.2 | 86.1 | 4.4 | 16.4 |
Sept | 0.9 | 14.8 | 24.6 | 45.3 | 85.5 | 5.0 | 21.1 |
Oct | 1.8 | 17.1 | 25.7 | 56.7 | 92.2 | 5.9 | 22.4 |
source: Australian Government Bureau of Meteorology
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