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QLD › Labrador › Frank St

U6, 103-105 Frank St, Labrador QLD 4215

For saleHouse

$759,000

For sale

Asking

2

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $759,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $759,000(Listing record · 26 Aug 2026)
  • CalculationAsk is 42% 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 4.82% — 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

$759,000

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.

See the full Labrador report →

Vs Labrador

-42.3%

Median sale

Suburb $1,315,000

+2.04 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
$759,000
Stamp Duty (Queensland)
$27,180
Transfer/Registration Fee
$2,949
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
$792,829

$33,829 on top of the price (4.5% 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
3.32%
Annual cashflow (pre-tax)
$-14,245
Interest cover (DSCR)
0.64
Annual rent
$36,608
Operating expenses
$11,385
Loan amount
$607,200
Annual interest
$39,468
Gross yield
4.82%

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$759,000available26 Aug 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 4.8%. 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 Frank St →

Listing material

Listed by Ray White Malan + Co Runaway Bay

Coastal Living Meets Smart Investment - Metres from the Broadwater

• 2 Bed x 2 Bed x 2 Car

• Freshly Painted -Brand new carpet & Lighting

• Vacant -move straight once it settles

Read the full description

• Great investment opportunity for the astute buyer

• Location -Broadwater - Southport CBD

Embrace the relaxed Gold Coast lifestyle with this beautifully refreshed two-bedroom apartment, perfectly positioned just metres from the iconic Broadwater.

Fresh, bright and ready to enjoy, the apartment has been updated with fresh internal paint, brand-new carpet and new blinds throughout, creating a crisp coastal feel from the moment you step inside.

Whether you're searching for a new home by the water, a coastal weekender or a savvy investment in a tightly held location, this property delivers an outstanding combination of lifestyle, location and opportunity.

Set within a quiet boutique complex of only 15 residences, the apartment offers light-filled open-plan living and dining flowing onto a private north-facing covered balcony - the perfect place to relax, entertain and enjoy the coastal breezes.

Financial Information:

• Built: 1998

• Currently Vacant

• Form 2 Seller's Disclosure available on request

• Current Rental Appraisal: $700.00 - $750.00 per week (long-term tenancy)

• Body Corporate: Approximately $140 per week

• GCCC Rates: Approximately $1,481.42 per 6 months

• GCCC Water Rates: Approximately $372.70 per 4 months

• 2 Secure Car Space No. 6 ( Tandem; one behind each other )

Property Features

• Two generous bedrooms with built-in wardrobes

• Master bedroom with private ensuite

• Freshly painted interiors with a modern neutral coastal palette

• Brand-new carpet and blinds throughout

• Light-filled open-plan living and dining

• Private north-facing covered balcony

• Modern galley-style kitchen with excellent storage

• Two well-appointed bathrooms

• Air conditioning and ceiling fans

• Secure tandem undercover parking for two vehicles

• Tropical-style in-ground swimming pool

• Boutique complex of only 15 residencesA Broadwater Lifestyle at Your Doorstep

Step outside and enjoy everything this sought-after pocket of Labrador has to offer. The beautiful Broadwater foreshore, waterfront parks, walking and cycling paths, cafés, restaurants, and the Grand Hotel are all within easy reach.

Southport CBD is only minutes away, along with Australia Fair Shopping Centre, Harbour Town Premium Outlets, Griffith University, Gold Coast University Hospital, and the G light rail, providing excellent connectivity across the Gold Coast.

For investors, the combination of a highly desirable coastal location, lifestyle appeal, and proximity to major employment, education, shopping, and transport hubs makes this an exciting addition to any property portfolio.

For owner-occupiers, simply move in, unpack, and start enjoying the Broadwater lifestyle.

Coastal living, city convenience, and investment potential - all wrapped into one outstanding opportunity.

Properties this close to the Broadwater are always in demand. Inspect today and discover why this location continues to be one of the Northern Gold Coast's most appealing lifestyle destinations.

Please call Chris Ryan on 0415 850 767 for more information and to book a private onsite inspection today

Disclaimer: We have, in preparing this information, used our best endeavours to ensure that the information contained herein is true and accurate; however, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. *Denotes approximate measurements.

Some marketing images may include virtual furniture, enhancements or digital alterations where applicable. These are provided as a visual guide only and may not reflect the property's current presentation. Interested parties should rely on their own inspection.

Listing description written by Chris Ryan, Ray White Malan + Co Runaway Bay — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Balcony
  • Built-in Robes
  • Dishwasher
  • Outdoor Entertaining
  • In-Ground Pool
  • Toilets: 2
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.