Tour Labrador
Labrador is a mixed suburb with Broadwater beach front to the East and gentle hills to the West with a pleasant mixture of wide tree-lined streets, original housing (some more than ready for re-development) and new townhouses and up-market high-rise developments.
As one of the first suburbs of the Gold Coast to be developed (back in the 50s) Labrador still has an abundant supply of retro-style houses - half of which were rennovated in the recent housing boom by first home owners, the other half will probably sit there for a few years until bargain hunters snap them up.
Any scrap of spare land near the Broadwater has been turned into apartments, some older-style three storey walkups, others 1990s low rises, and a spate of brand new designer high rise buildings on the beach. Recent developments over the last few years have seen dozens of new restaurants spring up and the whole area has jumped up a class from it's heyday as a sleepy little suburb of fibro homes.
As a property investment, Labrador represents some of the best buying on the Gold Coast at the cheaper end of the market and you can still purchase a great home with character for under $400,000 (yes, with character).
