FOR SALE
$535,000

8/157 Muir Street
Labrador QLD 4215

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 86m2
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Great Opportunity Within Metres Of The Broadwater!

This magnificent 2 Bedroom Unit is situated on the top floor of "Woonona Court". A small boutique tri-level building consisting of only 8 x units in total. Secure with intercom and single lock-up garage with room for 2 cars. Prime, highly sought-after location. Just a short walk to the Broadwater (one block away) and handy to all amenities.
This unit would be perfect for investors and owner occupiers alike.
Featuring:
* Solid brick & tile construction (Est. Approx circa 1979)
* 2 x Bedrooms. Both with built-ins
* 1 x Bathroom
* Spacious open-plan living & kitchen
* Single Lock-up Garage with room for 2 cars
* Prime, blue chip investment opportunity!! Currently vacant and ready to move in or rent out!
Could potentially achieve approx $560 per week (current market rental appraisal). Or move in and occupy yourself.
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Property Details for 8/157 Muir St, Labrador

8/157 Muir St, Labrador is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 86m2. The place is currently for sale with LJ Hooker Broadwater.

Building Type
Unit
Land Size
86m2

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About Labrador 4215

The size of Labrador is approximately 5 square kilometres. It has 19 parks covering nearly 14.6% of total area. The population of Labrador in 2011 was 16,401 people. By 2016 the population was 18,277 showing a population growth of 11.4% in the area during that time. The predominant age group in Labrador is 20-29 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 2011, 46.2% of the homes in Labrador were owner-occupied compared with 45.1% in 2016.

Labrador has 11,906 properties. Over the last 5 years, Houses in Labrador have seen a 111.13% increase in median value, while Units have seen a 95.54% increase. As at 31 August 2024:

  • The median value for Houses in Labrador is $1,074,668 while the median value for Units is $666,015.
  • Houses have a median rent of $690 while Units have a median rent of $625.
There are currently 125 properties listed for sale, and 33 properties listed for rent in Labrador on OnTheHouse. According to CoreLogic's data, 587 properties were sold in the past 12 months in Labrador.

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Bailey Hyland
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LJ Hooker Broadwater
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