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.
$610,000
For sale
Asking
1
Bedrooms
1
Bathrooms
1
Car spaces
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
Asking
$610,000
Asking
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.
Vs Labrador
-53.6%
Median sale
Suburb $1,315,000
+3.22 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.
$26,425 on top of the price (4.3% extra)
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.
Pre-filled with Labrador's advertised median rent — not a rent for this listing.
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.
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.
Gross yield if leased at the suburb aggregate is 6.0%. 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
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 Ras360 Property SolutionsOffers Over $610,000 | Leased Until 11 June 2027
1 Bedroom | 1 Bathroom | Ground Floor | Pool | Secure Complex | Only 14 Apartments
Some properties make you spend money before they start making money. This one is already earning.
Currently leased at $595 per week to quality tenants who take pride in the property and are keen to extend this immaculate ground-floor apartment offers approximately $30,940 in annual rental income and a gross rental yield of approximately 5.0% at the asking price.
Recently freshened up with new roller blinds and a full interior repaint there's no immediate renovation project waiting behind the front door.
Located directly across from the famous Broadwater this is a property that combines a strong rental proposition with the lifestyle Gold Coast buyers and tenants are looking for.
KEY FEATURES:
* Spacious 1 bedroom with built-in wardrobe
* Ground floor — no stairs, no fuss
* Well-presented bathroom
* Open-plan living and dining
* Functional kitchen
* Private balcony with Broadwater glimpse
* Brand-new air conditioning
* New blinds and fresh paint
* Secure gated complex with CCTV
* Pool onsite
* Only 14 apartments
* Building management onsite regularly throughout the week
* Public transport at your doorstep
LOCATION:
The Broadwater is literally across the road with waterfront walking tracks, parks, cafés and recreational facilities all close by.
Approximately:
- 10 minutes to Harbour Town
- 10 minutes to Smith Street Motorway
- 15 minutes to Surfers Paradise
For investors the existing tenancy provides an immediate income stream. For owner-occupiers the ground-floor position and low-maintenance lifestyle make this an easy place to call home.
INVESTMENT SNAPSHOT:
Rent: $595 per week
Annual rent: Approx. $30,940
Lease: Until 11 June 2027
Body Corporate: Approx. $1,320 per quarter
Council Rates: Approx. $1,353 per 6 months
Water: Approx. $370 per quarter
Offers Over $610,000
A well-presented apartment, a quality tenant, established rental income and the Broadwater across the road — 2 Broad Street is one worth inspecting.
And remember… you can sit on the fence but it's probably more comfortable sitting on the balcony.
Contact Bec today to arrange your inspection.
DISCLAIMER
All information contained in this advertisement is believed to be true and correct at the time of publication. However, prospective purchasers should make their own enquiries and satisfy themselves as to the accuracy of all information, including measurements, inclusions, rental information, tenancy details and outgoings. The agent and vendor accept no responsibility for any errors or omissions.
Rental income and yield figures are provided for general information only and are based on the current rental amount and advertised purchase price. Prospective purchasers should obtain their own independent financial, legal and property advice.
FLOORPLAN DISCLAIMER
Whilst every attempt has been made to ensure the accuracy of the floor plan, all measurements are approximate and no responsibility is taken for any error, omission or misstatement. The floor plan is provided for illustrative purposes only.
Listing description written by Rebecca Dunemann, Ras360 Property Solutions — reproduced as published, not verified by Districts.