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QLD › Labrador › Turpin Rd

59 Turpin Rd, Labrador QLD 4215

For saleHouse for Sale

$1,249,000

For sale

Asking

3

Bedrooms

2

Bathrooms

1

Car spaces

420 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,249,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,249,000(Listing record · 11 July 2026)
  • FactLand 420 m²; no building size recorded.(Property record)
  • CalculationAsk is 5% below the Labrador median recorded sale ($1,315,000, n=11, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Labrador's advertised median rent ($704/wk), implied gross yield would be 2.93% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$1,249,000

Asking · $2,974/m² of land

No recorded sale for this property.

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.

See the full Labrador report →

Vs Labrador

-5.0%

Median sale

Suburb $1,315,000

+0.15 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.

Total cost to purchase

Purchase Price
$1,249,000
Stamp Duty (Queensland)
$52,343
Transfer/Registration Fee
$5,230
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,310,273

$61,273 on top of the price (4.9% extra)

  • Stamp Duty (Queensland)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Queensland schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Labrador's advertised median rent — not a rent for this listing.

Net yield
1.43%
Annual cashflow (pre-tax)
$-47,075
Interest cover (DSCR)
0.28
Annual rent
$36,608
Operating expenses
$18,735
Loan amount
$999,200
Annual interest
$64,948
Gross yield
2.93%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

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

Property history

  1. Listed$1,249,000available11 July 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

QLD

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 2.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Labrador in one glance

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.

See the full Labrador report →

Keep researching

  • Why Labrador? Read the area thesis →
  • What else is on the market in Labrador →
  • Other records on Turpin Rd →

Listing material

Listed by McGrath Southport

Space Meets Opportunity

Renovated and thoughtfully designed for modern family living, this elevated home captures the cooling breezes year-round while its impressive 2.7-metre ceilings create a wonderful sense of light, space, and openness. With two separate living areas, there's plenty of room for families to come together while still enjoying their own private retreat.

Downstairs has been cleverly configured to maximise versatility, offering an abundance of storage rarely found in homes of this style. In addition, a spacious, air-conditioned multi-purpose area complete with its own bathroom provides endless possibilities-whether you're looking for a home office, gym, teenagers' retreat, hobby space, or work-from-home setup.

Outside, the fully fenced, north-facing backyard is a true highlight. Private, secure, and bathed in natural sunshine, it's the perfect place for children and pets to play, while still leaving ample room to add a swimming pool or even a tiny home.

Read the full description

Positioned just over the hill from the vibrant Chirn Park café and dining precinct, within walking distance of the Broadwater, and close to a selection of highly regarded schools, this is a location that continues to be one of the Gold Coast's most sought-after lifestyle destinations.

Features include:

• Three generous bedrooms, with plantation shutters and ceiling fans.

• Spacious master suite with dressing area and private ensuite.

• Galley-style kitchen with breakfast bar overlooking the main living area.

• Light-filled second living room at the rear, enjoying a dual-aspect design..

• Air-conditioned MPR downstairs with a bathroom and two rooms.

• Exceptional under-house storage with multiple dedicated storage areas.

• Fully fenced, north-facing backyard offering privacy and future potential.

• Easy walk to Chirn Park's cafés, restaurants and the Broadwater.

The owners have already committed to their next home and have made it clear they are prepared to consider offers prior to auction.

Disclaimer: All information (including but not limited to the property area, floor size, price, address, and general property description) is provided as a convenience to you and has been provided to McGrath by third parties. Consequently, McGrath is unable to definitively attest to the listed information's accuracy. McGrath does not accept any liability (indirect or direct) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits arising out of or in any way connect with the use or dissemination of any information, or any error, omission, or defect present within the information as appearing on the Website. Information appearing on the Website should not be relied upon and you should attend to your own personal enquiries and seek legal advice (where required) with respect to any property on the Website. Please also note, the prices displayed on the Website are current at the time of issue but are subject to change.

Listing description written by Mark Saveall, McGrath Southport — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Ensuites: 1
  • Living Areas: 1
  • Pet-Friendly
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.