10 Penrock Parade, Labrador, QLD 4215 | House for sale | OnTheHouse
 
FOR SALE
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10 Penrock Parade
Labrador QLD 4215

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 586m2
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Auction Time
Wed 28 Oct 11:00 am
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Duplex Potential or Family Home on 586m² in Labrador's Best Pocket

Auction: 28/10/2026 - 11:00 am
Location: 1/16 Queensland Avenue, Broadbeach
Penrock Parade is a quiet street of just 11 homes, set high in the north-eastern corner of Labrador and an easy walk to the Broadwater. Number 10 works on two levels. For families it's a solid, light-filled brick home ready to move into. For developers it's a 586m² medium density site with a 17.6m frontage that suits a pair of duplexes.
The home:
• Two-level brick and tile home, north-facing on the high side of the street
• Polished timber floors throughout, with downlights and ceiling fans in every room
• Open-plan kitchen, living and dining with air conditioning
• 6 KW Solar panels
• Three bedrooms plus a study that can be used as a fourth bedroom, with a bathroom, separate toilet and laundry
• Master bedroom opens onto a covered, tiled verandah looking over the gardens and treetops
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Property Details for 10 Penrock Pde, Labrador

10 Penrock Pde, Labrador is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 586m2. The place is currently for sale with COASTAL °.

Building Type
House
Land Size
586m2
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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 12,084 properties. Over the last 5 years, Houses in Labrador have seen a 75.35% increase in median value, while Units have seen a 103.22% increase. As at 31 August 2026:

  • The median value for Houses in Labrador is $1,254,786 while the median value for Units is $872,602.
  • Houses have a median rent of $785 while Units have a median rent of $723.
There are currently 147 properties listed for sale, and 44 properties listed for rent in Labrador on OnTheHouse. According to Cotality's data, 459 properties were sold in the past 12 months in Labrador.

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Daniel Capel
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Trish Walls
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COASTAL °
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