4-8 Teresa Easement, Labrador, QLD 4215 | Property Value & History | OnTheHouse
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4-8 Teresa Easement
Labrador QLD 4215

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Property Details for 4-8 Teresa Easement, Labrador

Building Type
Land
Local Government
Gold Coast City

Last Listing description (October 2023)

- 3,144sqm land parcel
- Dual street frontage
- Gross holding income of $88,400 pa

- RD3 Medium Density Residential Zoning
- Minutes to Harbour Town and the Broadwater
- Infill opportunity not to be missed

CBRE is pleased to present 4, 6 & 8 Teresa Easement, 41 Billington Street & 220 Turpin Road, a residential development opportunity within the burgeoning Labrador, Biggera Waters and Runaway Bay corridor.

The subject site is a 3,144sqm development opportunity conveniently located adjacent to Arthur Downes Park in Labrador. The property benefits from a very strategic locality being 100 metres from Brisbane Road, and 500 metres from a variety of local amenity including pharmacy, cafes, dentist, and Labrador Park Shopping Centre. Furthermore, a short five-minute drive provides access to Harbour Town Shopping Centre, Bunnings Warehouse and the Broadwater.

The property is well positioned within Labrador's medium density, RD3 zoning which affords significant development uplift from the sites current use. All existing dwellings are currently tenanted with last expiry being 5th March 2023.

Labrador and the neighbouring suburbs of Biggera Waters and Runaway Bay continue to attract young families and first home buyers due to its affordability, location and amenity rich surroundings.

(all areas, distances, amounts and outlines are approximate)

Property History for 4-8 Teresa Easement, Labrador, QLD 4215

A timeline of how this property has performed in the market
  • 09 Mar 2022
    Listed for Sale For sale by Expressions of Interest
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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.
There are currently 78 properties listed for sale, and 30 properties listed for rent in Labrador on OnTheHouse. According to Cotality's data, 574 properties were sold in the past 12 months in Labrador.

Suburb Insights for Labrador 4215

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Cotality Copyright and Legal Disclaimers about Property Data
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.