10/16 Telopea Street, Labrador, QLD 4215 | Unit for sale | OnTheHouse
 
FOR SALE
Offers Over $750,000

10/16 Telopea Street
Labrador QLD 4215

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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The Outlier in the Complex

THE RESIDENCE
Well maintained throughout, this two-bedroom, one-bathroom townhouse with single car accommodation presents in ready-to-rent condition requiring no immediate capital outlay from its next owner.
The standout physical point of difference is the corner position, which delivers a backyard substantially larger than any other unit in the complex. For tenants, that outdoor space is a genuine lifestyle upgrade. For the investor, it's a retention tool that keeps quality renters in place and renewals coming.
THE SETTING
Labrador's appeal to tenants is no accident. The suburb sits at the intersection of lifestyle and convenience that long-term renters actively seek — the Broadwater Parklands and Marine Parade dining precinct on the doorstep, Gold Coast University Hospital and Griffith University within easy reach, and Surfers Paradise and Southport both accessible in minutes.
This is a suburb that attracts healthcare professionals, university students, and young professionals in equal measure a diverse and dependable tenant pool that insulates investors from the vacancy risk found elsewhere on the Coast.
THE OPPORTUNITY
The fundamentals here are hard to argue with. Labrador units recorded annual price growth of 19.5% to Q3 2024, with the suburb's unit median now sitting at $740,000 and a gross rental yield of 4.5%. Across the northern Gold Coast corridor, rental vacancy has remained below 1.5% since 2021 a market condition that continues to support both rental growth and tenant retention.
Unit 10 enters this environment with a clear point of difference over comparable stock: the corner land allocation cannot be replicated by standard-position units in the same complex, and that distinction carries weight at both the leasing and resale stage.
Entry-level price point. Above-average land content. A suburb with a decade of proven capital growth behind it and no sign of demand easing.
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Property Details for 10/16 Telopea St, Labrador

10/16 Telopea St, Labrador is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with ONIX PROPERTY.

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About Labrador 4215

The size of Labrador is approximately 5.0 square kilometres. There are 19 parks, covering nearly 14.6% of the total area. The population of Labrador in 2016 was 18261 people. By 2021 the population was 18643 showing a population growth of 2.1% in the area during that time. The predominant age group in Labrador is 50-59 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 2021, 50.80% of the homes in Labrador were owner-occupied compared with 45.10% in 2016.

Labrador has 12,078 properties. Over the last 5 years, Houses in Labrador have seen a 89.42% increase in median value, while Units have seen a 119.69% increase. As at 31 May 2026:

  • The median value for Houses in Labrador is $1,260,657 while the median value for Units is $873,134.
  • Houses have a median rent of $773 while Units have a median rent of $715.
There are currently 120 properties listed for sale, and 22 properties listed for rent in Labrador on OnTheHouse. According to Cotality's data, 547 properties were sold in the past 12 months in Labrador.

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Ajdin Havic
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Jackson James
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