Labrador is a well-established suburb in Queensland within the Gold Coast local government area (postcode 4215). With a population of 18,643, the suburb has a mature demographic with a median age of 45. Households earn a median income of $62K per year, with an average household size of 2 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Labrador is $1.0 million, having surged 24.5% over the past year. Units have a median price of $635,000 (+15.5% YoY). The current median weekly rent is $675. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,517.
Labrador is served by 1 school, including 1 primary. The average ICSEA score is 997, which is around the national average of 1,000. Public transport access includes 72 bus stops. The crime rate in the Gold Coast LGA is moderate at 5,745 incidents per 100,000 population.
From an investment perspective, Labrador offers a gross rental yield of 3.4%, rated as moderate yield. Property prices are near the state median ($1.0M/$1.1M). The price-to-income ratio of 16.6x is considered stretched. House prices have moved +24.5% year-on-year.
Labrador is a well-established suburb in Queensland within the Gold Coast local government area (postcode 4215). With a population of 18,643, the suburb has a mature demographic with a median age of 45. Households earn a median income of $62K per year, with an average household size of 2 people. The most common occupations are professionals, community & personal service, technicians & trades. The top ancestries reported are English, Australian, Irish.
The median house price in Labrador is $1.0 million, having surged 24.5% over the past year. Units have a median price of $635,000 (+15.5% YoY). The current median weekly rent is $675. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,517.
Labrador is served by 1 school, including 1 primary. The average ICSEA score is 997, which is around the national average of 1,000. Public transport access includes 72 bus stops. The crime rate in the Gold Coast LGA is moderate at 5,745 incidents per 100,000 population.
From an investment perspective, Labrador offers a gross rental yield of 3.4%, rated as moderate yield. Property prices are near the state median ($1.0M/$1.1M). The price-to-income ratio of 16.6x is considered stretched. House prices have moved +24.5% year-on-year.