A Broadwater suburb set to gain light rail to the Gold Coast University Hospital.
Market snapshot
House
Unit
Median price
$1,180,000
$560,000
Rent / week
$840/wk
$610/wk
Gross yield
3.70% (GC avg 3.2%)
5.66% (GC avg 4.85%)
Growth (1yr)
+14.8%
+11.2%
Auction clearance50%
Days on market36 days
Vacancy rate1.9%
Active listings81
* Sample market figures for layout testing — live Domain data is wired in before launch.
Supply risk
↓Low supply risk
No significant new supply approved — limited competition for rental tenants.
Active infrastructure (2)
Coomera HospitalHealth
A new 600-bed northern Gold Coast hospital, with main construction from late 2026 and first beds in 2031, expanding capacity for the broader Gold Coast.
Labrador has 2 active infrastructure projects, headlined by Coomera Hospital (funded). Investment spans hospital, transport. The median house price is around $932k, with auction clearance strengthening and days on market falling; gross rental yield is about 4.17%.
What happened last time: the Gold Coast Light Rail
Labrador sits on this corridor. Two independent university studies tracked property values near light rail stations from 1996 to 2016. Here's what actually happened — not a projection, a record.
1996–2002Planning began
+12%
2002–2006Feasibility study locked in route
+26%
2006–2011Funded & under construction
+2%
2011–2016Operating (opened Jul 2014)
+5.4%
The biggest jump (+26%) landed during the feasibility study — years before construction even started, let alone the first tram running. Land 100–400m from a station rose 30% more than land 800m+ away, over the full 1996–2016 window.
+7%extra value within 400m of a station, in just the first year the line operated (vs land 400m–2km away)
$300mtotal land-value uplift across 1,324 properties near Stage 1 stations — about 25% of what Stage 1 cost to build
This is historical research on the Gold Coast's existing light rail (Stages 1–2) — not a guarantee any future project repeats it. We show it because it's the most rigorously documented Gold Coast precedent for how transit signals have actually played out here, and it's why AusProp surfaces planning and funding signals rather than waiting for ribbon-cuttings.