12 Penrock Parade, Labrador, QLD 4215 | House for sale | OnTheHouse
FOR SALE
$1,350,000

12 Penrock Parade
Labrador QLD 4215

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 569m2
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OWNERS KEEN TO SELL! Priced accordingly.

This hotly sought after location offers the lifestyle many prize but at a surprisingly affordable price! The sensational Broadwater is only minutes away. Enjoy morning walks with your fur baby and coffee overlooking the tranquility of our magnificent Gold Coast waterways, pelican feeding at Charis Seafoods, the Grand Hotel with live music is walking distance from home and there's even a community tennis centre nearby! With easy access to the M1, Brisbane, Harbour Town and supermarkets, this is the convenience you crave!
12 Penrock Parade is for the buyer who's tired of cookie-cutter. The home's Classic 1950s charm has been beautifully reimagined for modern living thanks to the owner's distinctive flair. With great taste and creativity, the sage and clay colour pallet sets off this brick and tile home to perfection, whilst retaining the character of its era.
The home is north facing providing a main bedroom, front patio and fabulous deck all basked in winter sunshine At its heart is a light, bright and welcoming open kitchen and dining zone, framed by beautiful original polished timber floors that nod to the home's heritage. Two large skylights flood the kitchen with natural light, and the space flows effortlessly from indoors to out - opening to an expansive deck and sparkling brand new pool surrounded by stunning landscaped gardens. It's the perfect setting to soak up the Gold Coast lifestyle, still with plenty of yard for the kids and pets to run around.
The layout has been thoughtfully considered. The generous king sized main bedroom sits separated from the other two, giving couples privacy while the kids or guests enjoy their own side of the home. Add a separate laundry, exceptional storage throughout, brand new bathrooms, a new designer kitchen, and there's truly nothing left to do but move in and enjoy.
Set on a 569m² corner block with medium-density zoning, the opportunity here runs beyond the front door. Live in and love it now, or land-bank a standout block in a tightly held pocket of Labrador with scope to redevelop into a duplex down the track (STCA).
Features:
• 3 bedrooms - main separated for privacy
• 2 brand new bathrooms
• Brand new designer kitchen with open dining
• Two large skylights flooding the kitchen with light
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Property Details for 12 Penrock Pde, Labrador

12 Penrock Pde, Labrador is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 569m2. The place is currently for sale with COASTAL °.

Building Type
House
Year Built
1950
Land Size
569m2
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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 12,102 properties. Over the last 5 years, Houses in Labrador have seen a 81.27% increase in median value, while Units have seen a 113.87% increase. As at 31 July 2026:

  • The median value for Houses in Labrador is $1,270,536 while the median value for Units is $886,271.
  • Houses have a median rent of $790 while Units have a median rent of $725.
There are currently 133 properties listed for sale, and 38 properties listed for rent in Labrador on OnTheHouse. According to Cotality's data, 505 properties were sold in the past 12 months in Labrador.

Suburb Insights for Labrador 4215

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Daniel Capel
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Trish Walls
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.