Labrador Property Market Data 2020

Like a loyal puppy, Labrador has been one of the Gold Coast’s mainstays since its hotel was built in 1884. Back in the day, this 15-room hotel complete with three sitting rooms, outhouses and stables, was perfect for the Cobb and Co coach service which transported boat passengers arriving from Brisbane. Local Aborigines were also drawn to the area due to its abundance of shellfish, mud crabs, oysters and waterfowl.

Fast forward to the modern day, and visitors still flock here for the great range of accommodation from high rises to caravan parks to cafes and high-end restaurants. Sitting between Southport and Biggera Waters, Labrador is popular for its calm waters, peaceful parks and views out to South Stradbroke Island.

The Grand Hotel still sits there too. Sure, it may have changed a bit, but that kind of old-style service and loyalty for which Labrador is renowned, remains.

(Information from www.visitgoldcoast.com.au 24th June, 2020)

Market Statistics

The level of competition in a suburb can affect prices and availability

Supply and Demand in Labrador
– Average demand market

• 272 – Visits per property in Labrador (average)
• 503 – Visits per property in Queensland (average)

Median House Prices

• Buy – $579,500 (Price data last updated 1st June, 2020)
• Rent – $420 PW (Rent data last updated 24th June, 2020)

Median Unit Prices

• Buy – $359,000 (Price data last updated 1st June, 2020)
• Rent – $390 PW (Rent data last updated 24th June, 2020)

The Lifestyle and People of Labrador

The lifestyle of a suburb is often influenced by who lives there.

• 22.6% Maturing & Established Independence
• 17.7% Independent Youth
• 13.5% Elderly Singles
• 12.7% Older Independence
• 9.8% Older Couples & Families
• 7.6% Established Couples & Families
• 7.1% Maturing Couples & Families
• 7.0% Elderly Couples
• 1.6% Young Families
• 0.5% Elderly Families

(Information from realestate.com.au 25th June, 2020)