Labrador at a glance
19,757
People
$1,315,000
Median sale
$704/wk
Median rent
2.78%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
QLD › Labrador › Penrock Pde
$1,350,000
Last sold
27 Aug 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
569 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,350,000
27 Aug 2026 · derived via latest_sale
Local land rate: recorded House sales in Labrador (last 5 years) with land size have a median of $2,175/m² of land (n=12). Districts calculation from recorded sales — not a valuation.
Labrador at a glance
19,757
People
$1,315,000
Median sale
$704/wk
Median rent
2.78%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Vs Labrador
+2.7%
Median sale
Suburb $1,315,000
-0.07 pp
Gross yield
Suburb 2.78%
Suburb median $1,315,000 from 11 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $704/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Labrador at a glance
19,757
People
$1,315,000
Median sale
$704/wk
Median rent
2.78%
Suburb gross yield
Median sale from 11 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by COASTAL °This hotly sought after location offers the lifestyle many prize but at a surprisingly affordable price! The sensational Broadwater is only minutes away. Enjoy morning walks with your fur baby and coffee overlooking the tranquility of our magnificent Gold Coast waterways, pelican feeding at Charis Seafoods, the Grand Hotel with live music is walking distance from home and there's even a community tennis centre nearby! With easy access to the M1, Brisbane, Harbour Town and supermarkets, this is the convenience you crave!
12 Penrock Parade is for the buyer who's tired of cookie-cutter. The home's Classic 1950s charm has been beautifully reimagined for modern living thanks to the owner's distinctive flair. With great taste and creativity, the sage and clay colour pallet sets off this brick and tile home to perfection, whilst retaining the character of its era.
The home is north facing providing a main bedroom, front patio and fabulous deck all basked in winter sunshine At its heart is a light, bright and welcoming open kitchen and dining zone, framed by beautiful original polished timber floors that nod to the home's heritage. Two large skylights flood the kitchen with natural light, and the space flows effortlessly from indoors to out - opening to an expansive deck and sparkling brand new pool surrounded by stunning landscaped gardens. It's the perfect setting to soak up the Gold Coast lifestyle, still with plenty of yard for the kids and pets to run around.
The layout has been thoughtfully considered. The generous king sized main bedroom sits separated from the other two, giving couples privacy while the kids or guests enjoy their own side of the home. Add a separate laundry, exceptional storage throughout, brand new bathrooms, a new designer kitchen, and there's truly nothing left to do but move in and enjoy.
Set on a 569m² corner block with medium-density zoning, the opportunity here runs beyond the front door. Live in and love it now, or land-bank a standout block in a tightly held pocket of Labrador with scope to redevelop into a duplex down the track (STCA).
Features:
• 3 bedrooms - main separated for privacy
• 2 brand new bathrooms
• Brand new designer kitchen with open dining
• Two large skylights flooding the kitchen with light
• Original polished timber floors
• Separate laundry
• Sparkling brand new in-ground pool
• Expansive entertainer's deck
• Stunning landscaped gardens
• Generous yard for kids and pets
• Exceptional storage throughout
• 1 garage + 1 additional car space
• 569m² corner block - medium density zoning
• Redevelopment potential - duplex site (STCA)
Nearby:
• 500m to the Broadwater
• 500m to Charis Seafood (daily pelican feeding)
• 850m to Coles supermarket
• 100m to local community centre with tennis courts
If you've been waiting for something special, this is it. Add the potential for upside with a duplex development in future and this truly is a unique package!
Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. This property is being sold by auction or without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes.
Listing description written by Daniel Capel, COASTAL ° — reproduced as published, not verified by Districts.