OFF MARKET

1/40 Mcmillan Street
Labrador QLD 4215

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 84m2
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Property Details for 1/40 Mcmillan St, Labrador

1/40 Mcmillan St, Labrador is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1989. The property has a land size of 84m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in November 2016.

Building Type
House
Year Built
1989
Floor Size
87m2
Land Size
84m2
Local Government
Gold Coast City
Lot/Plan
1/BUP9312

Last Listing description (December 2016)

Centrally located in the leafy heart of Labrador is this great 2 bedroom duplex. Ideal for either the first home owner or investor this property is one not to miss.
Features Include
- 2 x Bedrooms

- Great lounge /dining area
- Covered outdoor entertaining area
- Airconditioned
- Single Garage
- Private fenced garden
- Currently Tenanted @ $290pw
- SHARED BUILDING INSURANCE ONLY
In the hub of it all with everything at your door stop Local Bus Services, Shops, Griffith University and the Gold Coast University Hospital makes your life easy living.
Labrador is a rapidly changing suburb with new developments enhancing the areas profile constantly. Here is your opportunity to secure you future today.
About the Area:
Short distance to local shopping at Runaway Bay and Harbour Town.
A variety of schools both High and Primary are all within easy distance.
Less than 10 minutes to the Southport CBD and to the M1 to Brisbane

Property History for 1/40 Mcmillan St, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$305,000
25 Nov 2016
Listed for Rent
$285/w
17 Mar 2015
  • 25 Nov 2016
    Sold for $305,000
  • 01 Sep 2016
    Listed for Sale $309,000
  • 03 Mar 2015
    Listed for Rent $285 / week
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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 11,843 properties. Over the last 5 years, Houses in Labrador have seen a 107.49% increase in median value, while Units have seen a 102.17% increase. As at 31 October 2024:

  • The median value for Houses in Labrador is $1,068,941 while the median value for Units is $702,019.
  • Houses have a median rent of $680 while Units have a median rent of $630.
There are currently 130 properties listed for sale, and 37 properties listed for rent in Labrador on OnTheHouse. According to CoreLogic's data, 561 properties were sold in the past 12 months in Labrador.

Suburb Insights for Labrador 4215

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.