1 Penrock ParadeLabrador QLD 4215
Property Details for 1 Penrock Pde, Labrador
1 Penrock Pde, Labrador is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 483m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in July 2019.
Last Listing description (June 2020)
Labrador is the talk of the Gold Coast when it comes to future capital growth and investment potential. 1 Penrock Parade is a brilliant opportunity for future development on this corner block in medium zoning with potential to build two detached duplexes with subject to GCCC approval. The site takes advantage of the blu-chip location, conveniently within walking distance to beautiful Broadwater and only moments from Southport CBD, Griffith University, Gold Coast hospital and harbour town shopping centre. - Two streets excess 483 m2 corner block. - Currently 3 bedrooms, 1 bathroom , rumpus room ,DLUG - House rented for $ 460 per week - Easy excess to M1 and 5 minutes drive from Surfers Paradise. - Act quick will not last long For further details and for inspection time please contact Nenad on 0410 174 604
Property History for 1 Penrock Pde, Labrador, QLD 4215
- 03 Jul 2019Sold for $465,000
- 15 Feb 2019Listed for Sale Offers Over $500,000
- 15 Apr 2014Listed for Sale WAS $439,000 - NOW $429,000
Recent sales nearby
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About Labrador 4215
The size of Labrador is approximately 5.0 square kilometres. It has 19 parks covering nearly 14.6% of 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 12,070 properties. Over the last 5 years, Houses in Labrador have seen a 98.89% increase in median value, while Units have seen a 122.77% increase. As at 31 December 2025:
- The median value for Houses in Labrador is $1,187,596 while the median value for Units is $822,847.
- Houses have a median rent of $725 while Units have a median rent of $700.
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