Labrador: The Underdog with a Waterfront Advantage

Labrador: The Underdog with a Waterfront Advantage

Labrador is catching up — fast. Once a sleepy suburb known for Broadwater picnics and retirees, it’s now alive with buyers priced out of Biggera Waters, Southport, and even Runaway Bay.

Agent Soundbites

“Labrador is the Broadwater’s best-kept secret. People are still shocked at how close they can live to the water without paying $1.5M.”
Steven Norton

“Renovators and dual-lot developers are dominating local auctions.”
— Steven, Commercial Specialist

Buyer Favourites

• Queens Ave – tightly held by locals, great for flips

• Marine Parade – high-yield units, consistent short-term rental demand

• Imperial Parade – commercial conversions and medical suites

🔍 Rental Snapshot

• Median unit rent: $580/week

• House rental yield: 5.4%

• Vacancy rate: 1.3%

Bonus: Parklands and dining zones now draw new foot traffic to cafes and eateries, creating unexpected lifestyle value.

Disclaimer: Short-term letting policies may vary by building. Check body corp restrictions before purchase.