SOLD
Sold on 12 Aug 2024 for $700,000

1/51 Morinda Way
Labrador QLD 4215

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 87m2
Sold By
Stephen Cone
Professionals Vertullo Real Estate
Zac Lucas
Professionals Vertullo Real Estate
Save

Property Details for 1/51 Morinda Way, Labrador

1/51 Morinda Way, Labrador is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1985. The property has a land size of 87m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom House sold in Labrador in the last 12 months.

Building Type
House
Year Built
1985
Floor Size
68m2
Land Size
87m2
Local Government
Gold Coast City
Lot/Plan
1/BUP7889

Last Listing description (September 2024)

Positioned in a quiet location backing onto nature reserve, this stylish abode offers the perfect blend of comfort and convenience.

Having undergone a quality refurbishment, step into a world of relaxed elegance with timeless decor that instantly puts you at ease. The well-proportioned interiors invite you to unwind, while the large covered entertaining area beckons you to host gatherings or simply soak in the sun.

Parking is a breeze with a single garage plus an additional off-street parking bay, ensuring you have room for the cars and your toys.

Centrally located, this true lifestyle location allows to make the most of all the Gold Coast has to offer.

Quiet street backing onto nature reserve
Stylishly refurbished, simply move in and start enjoying the lifestyle
Open plan main living/dining/kitchen
Large covered outdoor area
Private rear garden with dual gates onto reserve
1 of 2 duplexes, only fees are shared insurance
Rental appraisal of $680 per week

Refurbishment Work Includes:

Complete roof restoration and painting of roof & guttering
New ceilings and walls installed and quality painting throughout the entire property
New split system reverse cycle air-conditioning in living space
Painted and tiled garage (possibly 3rd bedroom, retreat or studio)
New LED down-lighting and double power points throughout and outdoor sensor lights
High-end new galley kitchen with new appliances, gloss cabinetry, double sink & stone benchtops
New full-length mirror wardrobe doors in both bedrooms
Fully renovated bathroom with floor-to-ceiling tiling, separate bath, new vanity and seamless shower
New hybrid flooring installed in bedrooms and living areas
New compliant smoke alarms
New slimline verticals installed on all windows
Remote control garage door
Large outdoor covered tiled patio
New Colorbond fencing along sides

Property History for 1/51 Morinda Way, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$700,000
12 Aug 2024
Listed for Rent
$275/w
10 Jan 2012
  • 12 Aug 2024
    Sold for $700,000
  • 04 Jul 2024
    Listed for Sale Contact Agent
  • 16 Dec 2011
    Listed for Rent - Price not available

Commute Calculator

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 11,845 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 30 properties listed for rent in Labrador on OnTheHouse. According to CoreLogic's data, 566 properties were sold in the past 12 months in Labrador.

Suburb Insights for Labrador 4215

Market Insights
Labrador Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Labrador Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.