164 Government Rd, Labrador is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 600m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
What an opportunity for those looking for a property with potential for a small development. This 600m2 of land on a corner block is walking distance to the stunning Broadwater and is currently zoned low density with GC Council regulations allowing for multiple dwelling use on a corner block (Subject to Council Approval).
Our interstate sellers are liquidating now, presenting a fantastic opportunity to invest or redevelop!
Labrador is fast becoming the most sought after, value for money seaside suburb on the Gold Coast.
Lease expires 23/1/24 at $650pw
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The size of Labrador is approximately 5 square kilometres. It has 19 parks covering nearly 14.6% of total area. The population of Labrador in 2011 was 16,401 people. By 2016 the population was 18,277 showing a population growth of 11.4% in the area during that time. The predominant age group in Labrador is 20-29 years. Households in Labrador are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Labrador work in a professional occupation. In 2011, 46.2% of the homes in Labrador were owner-occupied compared with 45.1% in 2016.
Labrador has 11,913 properties. Over the last 5 years, Houses in Labrador have seen a 97.45% increase in median value, while Units have seen a 100.65% increase. As at 31 December 2024:
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