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QLD › Labrador › Frank St

U605, 110 Frank St, Labrador QLD 4215

For saleApartment

$950,000

For sale

Asking

2

Bedrooms

2

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $950,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $950,000(Listing record · 13 May 2026)
  • CalculationAsk is 28% 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 3.85% — 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

$950,000

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

-27.8%

Median sale

Suburb $1,315,000

+1.07 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.

Total cost to purchase

Purchase Price
$950,000
Stamp Duty (Queensland)
$35,775
Transfer/Registration Fee
$3,833
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
$993,308

$43,308 on top of the price (4.6% 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
2.35%
Annual cashflow (pre-tax)
$-27,042
Interest cover (DSCR)
0.45
Annual rent
$36,608
Operating expenses
$14,250
Loan amount
$760,000
Annual interest
$49,400
Gross yield
3.85%

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$950,000available13 May 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 3.9%. 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 Frank St →

Listing material

Listed by COASTAL ° Paradise Point

MODERN LIVING ON THE BROADWATER - THE SEACHANGE YOU NEED

East-facing & perfectly positioned on Level 6 to capture stunning Broadwater views, this near-new apartment is an opportunity not to be missed. Set within one of the Gold Coast's most desirable and fast-appreciating pockets, it showcases sleek, luxurious interiors, abundant natural light and one of SUMMIT's most sought-after floorplans. Combining everything buyers love about modern coastal living: beautiful water views, high-quality construction, low body corporate fees and a location just moments from the Broadwater - this is a standout opportunity that won't last long.

Designed by renowned architects Rotherlowman and built by highly regarded builder McNab, SUMMIT delivers a true sense of quality from the moment you step inside. Timber flooring flows through the bright open-plan layout, anchored by a stylish kitchen with stone benchtops, generous storage and quality European appliances. German-made window frames and floor-to-ceiling sliding doors enhance both comfort and design, offering impressive insulation and soundproofing, while practical extras including two linen cupboards provide excellent additional storage.

The living and dining area open effortlessly onto the outdoor terrace - the perfect space to entertain, unwind and soak in the stunning Broadwater views. The master suite is a true retreat, complete with direct terrace access, a large walk-through wardrobe and a luxurious ensuite featuring double vanities, a generous walk-in shower and premium finishes.

Read the full description

A large second bedroom with dedicated study nook is conveniently located next to the well-appointed main bathroom, ensuring ideal privacy and family convenience. Secure car space underground complete the apartment, making this an exceptional choice for downsizers, lifestyle buyers or investors seeking quality in a tightly held building.

Only six years young, with more than 80% owner-occupiers, low body corporate fees and a position close to the water, SUMMIT continues to be one of the area's standout lifestyle addresses. Opportunities like this are rare - secure your place in this sought-after building before it's gone.

INVESTORS ALERT:

• Healthy depreciation schedule

• Exceptional capital growth forecast

• Long term Tenant already in place with lease agreement until November 2026 @$760 per week. Rental appraisal forecast after November at $900 per week

• Low holding costs

• Quality new building with low or no maintenance costs

Features you will LOVE:

• East-facing Level 6 position with stunning Broadwater views

• 14sqm outdoor terrace capturing beautiful water views

• One of SUMMIT's most desirable floorplans

• Chef's kitchen with separate pantry, breakfast bar, dishwasher and excellent cupboard space

• American Oak timber floating flooring

• Ducted, reverse-cycle and zoned air-conditioning

• Ceiling fans in bedrooms and living area

• Insulated and soundproof floor-to-ceiling sliding glass doors

• Master suite with terrace access, walk-through wardrobe and luxury ensuite

• Large second bedroom plus dedicated study nook

Two linen cupboards offering excellent storage

• Secure underground car space

• Approx. 80% owner-occupier building

• Only 6 years young

• Moments from the Broadwater, cafés, restaurants and parklands

SUMMIT facilities:

• Inground pool with outdoor shower

• Gymnasium

• 2 x BBQ areas

• 2 x lifts

• Secure parking and bike racks in underground carpark

• Visitor parking and bike racks at the rear of the building

• Video intercom

• Onsite caretakers

The numbers:

• Low Body corporate around $110 per week (Including Building Insurance, Admin & Sinking funds)

• Council Rates around $2,350 per year

• Water Rates individually metered

Contact Ana Tulloch on 0439 343 432 for further information and viewing times.

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.

Some photographs have been virtually staged using digital furniture and styling for presentation purposes only.

Listing description written by Ana Tulloch, COASTAL ° Paradise Point — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • In-Ground Pool
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.