5/326 Marine Parade, Labrador QLD 4215
5/326 Marine Parade, Labrador QLD 4215
3 bed 2 bath 2 car | Broadwater-adjacent apartment | Resort complex with pools and gym | Flood overlay noted | Premium owner-occupier stock
This property is positioned at the larger end of Labrador’s apartment stock, with a reported internal area between 177 and 225 square metres that sets it apart from typical unit offerings in the suburb. The Deepwater Point complex provides resort-style amenities including two swimming pools, a gym, sauna, and landscaped gardens, which together support a lifestyle-oriented buyer profile. The configuration and waterfront location most suit owner-occupiers seeking a primary residence with strong recreational appeal, particularly downsizers or professional couples. The sale price of approximately $1,990,000 around a year ago confirms this sits in the upper tier of local apartment values, and the estimated rent of $965 per week implies a gross yield near 2.4 percent, which is typical for premium coastal properties where capital growth rather than rental return drives demand.
The flood overlay recorded against the property may influence insurance costs and could be a consideration for buyers seeking low-risk waterfront living. The lack of confirmed build year, renovation history, and body corporate levies in available records means the ongoing holding costs and structural condition require direct verification. While the Broadwater setting and complex facilities support enduring appeal, the absence of recent comparable sales data makes it prudent to assess current market conditions against the prior sale price before forming a view on value.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 5/326 Marine Parade, Labrador QLD 4215
Market Insight:
Labrador presents as a high-demand suburb anchored by strong capital growth, attracting investors seeking both robust price appreciation and solid rental returns. Demand is driven by exceptional annual growth across both houses and units, with a notably fast-moving market. This momentum is supported by its connectivity to broader Gold Coast infrastructure. Key constraints include affordability pressures from elevated median prices and a competitive sales environment indicating tight supply, which may temper accessibility for some buyers.