8/242-244 Marine Parade, Labrador, QLD 4215 | Property Value & History | OnTheHouse
FOR SALE

8/242-244 Marine Parade
Labrador QLD 4215

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 62m2
Land area: 359m2
This property is currently on the market
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Property Details for 8/242-244 Marine Pde, Labrador

8/242-244 Marine Pde, Labrador is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 359m2 and floor size of 62m2.This Property is currently listed for sale with Ray White Paradise Point

Building Type
Unit
Year Built
2000
Floor Size
62m2
Land Size
359m2
Local Government
Gold Coast City
Lot/Plan
8/SP149198

Last Listing description (June 2026)

Positioned within the boutique "Pearl Sur Mer" building, this immaculately renovated and oversized one-bedroom residence delivers the ultimate Broadwater lifestyle on the prestigious Golden Mile.

Offering flexibility rarely found in this category, the spacious dining area can easily be converted into a guest room, study, or even a second bedroom, a popular option already embraced by many in the building.

Set on the floor 3rd with a desirable northern aspect, the apartment is filled with natural light and captures beautiful coastal breezes, creating the perfect year-round living environment.

The expansive north-east facing balcony is a true highlight, offering two separate outdoor zones. The master bedroom enjoys a private enclosed sunroom with all-weather shutters, ideal for year-round use, while the main living area seamlessly flows to a second balcony space with stunning water views.

Designed for both comfort and practicality, the home also features a full-size separate laundry, excellent storage, and an additional powder room for guests, making it an ideal choice for downsizers, investors or those seeking a relaxed coastal lifestyle in a secure, residential building.

From the moment you step inside, you'll feel at home. Enjoy morning sunrises, afternoon Broadwater walks, and everything this exceptional lifestyle location has to offer.

Features you will love:

Spacious bedroom with large built-in robes and balcony access
Two-way bathroom with bath and separate shower
Additional powder room (second toilet) for guests, versatile floor plan with the ability to make it two bedroom
Enclosed sunroom with all-weather shutters
Large balcony with beautiful water views and dual outdoor zones
Well-appointed kitchen with marble benchtops and ample storage
Full-size separate laundry with additional storage
Ducted air-conditioning
Ceiling fans throughout
Rental appraisal: $795*-$820*
Secure underground car space
Separate storage cage
Walking distance to cafs, restaurants and the Broadwater
Boutique facilities including pool, spa and BBQ area with gazebo
Secure building with onsite manager, 4 per floor
Water Rates: $396* per quarter
Council Rates: $831* half yearly
Body corporate $171.30* per week includes sinking fund, admin fund, building insurance, on-site manager, garden maintenance, building maintenance, pool and bbq, lift and lift maintenance

Disclaimer: We have, in preparing this information, used our best endeavours to ensure that the information contained herein is true and accurate; however, we accept no responsibility and disclaim all liability for any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein. *Denotes approximate measurements.

Some marketing images may include virtual furniture, enhancements or digital alterations where applicable. These are provided as a visual guide only and may not reflect the property's current presentation. Interested parties should rely on their own inspection.

Property History for 8/242-244 Marine Pde, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$600,000
25 Feb 2023
  • 31 Mar 2026
    Listed for Sale Contact Agent!
  • 25 Feb 2023
    Sold for $600,000
  • 03 Feb 2023
    Listed for Sale $600,000 PLUS OFFERS
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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 12,082 properties. Over the last 5 years, Houses in Labrador have seen a 96.30% increase in median value, while Units have seen a 127.80% increase. As at 30 April 2026:

  • The median value for Houses in Labrador is $1,269,504 while the median value for Units is $893,188.
  • Houses have a median rent of $750 while Units have a median rent of $718.
There are currently 103 properties listed for sale, and 29 properties listed for rent in Labrador on OnTheHouse. According to Cotality's data, 550 properties were sold in the past 12 months in Labrador.

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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.