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Labrador Area Profile
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The size of Labrador is approximately 6 km?. It has 11 parks covering nearly 9% of the total area.
The population of Labrador in 1996 was 13,788 people. By 2001 the population was 14,539 showing a population growth of 5% in the area during that time.
The predominant age group in Labrador is 20 - 29 years.
Households in Labrador are primarily couples with children and are likely to be repaying between $600.00 - $800.00 per month on mortgage repayments.
In general, people in Labrador work in a clerical occupation.
In 1996, 39% of the homes in Labrador were owner-occupied compared with 43% in 2001.
Currently the median sale price of houses in the area is $376,250.
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Number of Unit Sales Per Annum
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|
1996 |
1997 |
1998 |
1999 |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006
(ytd) |
|
300 |
388 |
516 |
483 |
695 |
1242 |
1163 |
1062 |
565 |
696 |
159 |
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Percentage Change in Apartment Median Prices
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Labrador |
Gold Coast Area |
|
Period |
% Change |
% Change |
|
2006 |
-2.4% |
3.4% |
|
2005 |
1.2% |
7.9% |
|
2004 |
17.2% |
18.4% |
|
2003 |
36.5% |
22.5% |
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2002 |
8.6% |
16.6% |
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Recent Median Sale Prices
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Labrador |
Gold Coast Area |
|
Period |
Median Price |
Median Price |
|
February 2006 |
$ 250,000 |
$ 310,000 |
|
January 2006 |
$ 256,000 |
$ 305,000 |
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December 2005 |
$ 253,500 |
$ 320,000 |
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November 2005 |
$ 260,000 |
$ 380,000 |
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October 2005 |
$ 248,500 |
$ 310,000 |
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September 2005 |
$ 258,250 |
$ 305,000 |
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August 2005 |
$ 265,000 |
$ 300,000 |
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July 2005 |
$ 245,000 |
$ 310,000 |
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June 2005 |
$ 280,000 |
$ 320,000 |
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May 2005 |
$ 250,000 |
$ 315,000 |
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April 2005 |
$ 259,500 |
$ 300,000 |
|
March 2005 |
$ 250,000 |
$ 285,500 | |
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