Mortgage Broker/Home Loans Labrador
Buying a property in Labrador? We can secure you with the right finance
Within the last month Labrador has seen some positive statistics with regard to property fundamentals. There were 63 houses for sale over the month with 63 houses sold over the previous 12 months. Given the level of buyer interest (2658 buyers interested), days on market was a relatively low 44 days demonstrating positive buyer demand. The investment yield for houses in Labrador equated to 4.3% with average rents reflecting $750 per week which is up 7.1% year on year. The median house price in Labrador was $940,000 over April 2023 to March 2024 which is up 12.1% from the previous 12 months. Based on five years of sales, Labrador has seen a median growth rate for houses of 13.27% annually reflecting total growth of 66.37% over the 5 years.
Labrador has a diverse range of built form with houses, townhouses and units making up the majority. 471 units sold over the previous 12 months. Over the previous month, 92 units were available for sale with median days on market being 41 days. There were 2633 interested buyers over the year with Labrador reflecting a rental yield for units of 5.3%. The median unit price in Labrador reflected $585,000 which is an increase of 9.3% from the preceding 12 months. Median rents reflected $580 per week, an increase of 5.5% year on year. Based on five years of sales, Labrador has seen a median growth rate for units of 11.36% annually reflecting total growth of 56.83% over the 5 years.
Sorren Perridge and the team at Mortgage Choice, servicing Labrador, will discuss your borrowing options and guide you through the home loan process.
Labrador suburb profile
Labrador is a coastal suburb situated to the central Gold Coast in Queensland, Australia. Labrador enjoys a prime location along the Gold Coast's stunning coastline, offering residents and visitors easy access to calm, beautiful beaches and scenic waterfront areas along the Broadwater. The suburb boasts various parks, walking trails, and recreational facilities, making it ideal for outdoor activities such as picnics, barbecues, and leisurely strolls along the waterfront.
Labrador is home to the Gold Coast's iconic Broadwater, providing opportunities for boating, fishing, and water sports. The Broadwater Parklands is a popular destination to the south of the suburb featuring playgrounds, swimming areas, and event spaces.
Labrador offers a mix of housing options, including apartments, townhouses, and waterfront homes, catering to a diverse range of residents. The suburb provides both affordable living options and luxury waterfront properties. In addition, Labrador features retail precincts and dining establishments, including local shops, cafes, and restaurants offering a variety of cuisines. Residents can enjoy a range of dining experiences from casual eateries to upscale dining venues.
Labrador is conveniently located near major shopping centres such as Australia Fair, schools, medical facilities, and public transportation, providing residents with easy access to essential services and amenities.
Overall, Labrador offers a relaxed coastal lifestyle with a range of recreational opportunities, waterfront living, and convenient access to urban amenities, making it a sought-after suburb on the Gold Coast.
Our promise to you
Being your Mortgage Choice broker servicing Labrador, we are committed to ensuring you truly have the best interest rate available on the market! Our promise to our clients is:
- In most cases, our home loan service is at no cost to you!
- We will do the legwork. You can save hours of research and paperwork by getting us to help!
- We can help you access market-leading rates from over 30 lenders.
- We will find you the best possible loan which is appropriate for your individual circumstances.
What is your Borrowing power in Labrador
When you're ready to purchase your property in Labrador, it's important to have a good understanding of how much you can borrow. We know that finding out how much you can borrow for a property can be a bit confusing, which is why we have some great resources at your disposal.
Feel free to check out our easy-to-use home loan calculators here or get in touch with us to discuss your unique situation.
To arrange an appointment please call Sorren Perridge from the team at Mortgage Choice, servicing Labrador, on 0436 961 101 or click the button below to book an appointment.
We can also help with:
- Mortgage Broking
- Personal loans
- Asset Finance
- Debt Consolidation
- Equipment Finance
- First Home Buyers
- Pre-Approvals
- Refinancing
- Self-Managed Super Fund lending
- Upgraders and Movers
- Investment Lending
- Commercial Lending
- Car loans and leasing
