Labrador, QLD 4215: Suburb Profile & Property Report

Market Report

House report
Unit Report

Labrador has 253 houses available for sale. The median property price for a house is currently $747,000 with annual capital growth of 13.18% . There were 189 house sales in the past 12 months. On average, houses spend 19 days on market.

If you're thinking about buying an investment property in Labrador, consider that rental yields for houses are currently 4.17% with an average median rent of $680 weekly. Houses have seen -1.71% growth in the past quarter, and 13.18% growth in the past 12 months.

The size of Labrador is approximately 5 square kilometres. It has 19 parks covering nearly 14.6% of total area. The population of Labrador in 2011 was 16,401 people. By 2016 the population was 18,277 showing a population growth of 11.4% in the area during that time. The predominant age group in Labrador is 20-29 years.

Households in Labrador are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Labrador work in a professional occupation. In 2011, 46.2% of the homes in Labrador were owner-occupied compared with 45.1% in 2016.

Labrador has 370 units available for sale. The median property price for a unit is currently $640,000 with annual capital growth of 18.52% . There were 370 unit sales in the past 12 months. On average, units spend 18 days on market.

If you're thinking about buying an investment property in Labrador, consider that rental yields for units are currently 5.26% with an average median rent of $630 weekly. Units have seen 4.49% growth in the past quarter, and 18.52% growth in the past 12 months.

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Key Market Data	House	Unit
Median price	$747,000	$640,000
Quarterly growth	-1.71%	+4.49%
12-month growth	+13.18%	+18.52%
Average annual growth	+10.18%	+13.49%
Weekly median rent	$680	$630
Gross rental yield	4.17%	5.26%
Number of Sales (12m)	189	370
Avg. Days on Market (12m)	19	18

Jump to Market Trends

Key Demographics	2011	2016
Total population	16,401	18,277
Population change (5y)	+6.56%	+11.40%
Median household income (p/w)	$874	$1,013
Household income change (5y)	+15.46%	+15.90%
Median age of persons	39	41

Jump to Demographics Trends

Market Trends

Houses

Units

The Median Sale Price in Labrador is $747,000 for houses and $640,000 for units.

The Median Growth in Labrador over the past 12 months is 13.18% for houses and 18.52% for units.

Over the past 12 months there were 189 houses sold and 370 units sold in Labrador. On average, houses spent 19 days on market and units spent 18 days on market.

In the past 12 months up to August 2024 there were 189 houses sold and 370 units sold in Labrador. On average, houses spent 19 days on market and units spent 18 days on market.

1 Year 5 Years 10 Years

Houses

Units

The Median Rent in Labrador is $680 for houses and $630 for units.

The Rental Yield in Labrador is 4.17% for houses and 5.26% for units.

1 Year 5 Years 10 Years

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Demographic Trends

Better understand demographic trends by reviewing the latest suburb demographic data below.

Age groups Country of Birth Religious Affiliation Household Income Occupations Education Level Qualification Level

The population of Labrador was 18,277 in 2016, a +11.40% change compared to 2011.

The predominant age group in Labrador is 20-29 years.

The population of Labrador was 18,277 in 2016, a +11.40% change compared to 2011.

The predominant age group in Labrador is 20-29 years.

Most of the population in Labrador were born in Australia.

Most of the population in Labrador report their religion as No Religion.

Most of the population in Labrador report their income range as between $15,000 and $33,000 .

The median household income in Labrador was $1,013 in 2016, a +15.90% change compared to 2011.

Most of the population in Labrador report their income range as between $31,000 and $52,000 .

The median household income in Labrador was $874 in 2011, a +15.46% change compared to 2006.

Most of the population in Labrador work as Professional.

The chart below demonstrates the various levels of education in Labrador.

Most of the population in Labrador reached a qualification level of Certificate.

2011 2016

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