SOLD
Sold on 05 Jan 2024 for $550,000

10/51 Olsen Avenue
Labrador QLD 4215

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 250m2
Sold By
Professionals Vertullo Real Estate
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Property Details for 10/51 Olsen Ave, Labrador

10/51 Olsen Ave, Labrador is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 250m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Labrador in the last 12 months.

Building Type
Unit
Year Built
1994
Floor Size
80m2
Land Size
250m2
Local Government
Gold Coast City
Lot/Plan
10/GTP4322

Last Listing description (February 2024)

Positioned boasting a perfect Northerly aspect and within easy strolling distance to the vast Harbour Town shopping and entertainment precinct, this beautifully presented, fully renovated villa offers a perfect, virtually maintenance-free property for its fortunate new owner.

Spacious modern living areas (air-conditioned)
Quality open-plan kitchen with large benchtops and stainless steel appliances including dishwasher

2 generous bedrooms both with built-in wardrobes and ceiling fans
Modern bathroom with floor-to-ceiling tiles and frameless glass shower
Large North-facing private courtyard, with manageable gardens and lush, green synthetic grass providing a perfect maintenance-free private garden
Single lock-up garage with automatic door
Fully renovated throughout including new carpet, easy-care timber style floors, paint and modern white blinds
Security screens
Well-maintained complex with vast neat gardens and a central residents pool and BBQ area
Fantastic, convenient location close to major shopping, restaurants and transport
Current owners willing to enter long-term rentback if available, providing an excellent opportunity for an investor to secure perfect tenants immediately
Low body corporate fees only approx. $63* per week

*approximate

Property History for 10/51 Olsen Ave, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$550,000
05 Jan 2024
  • 05 Jan 2024
    Sold for $550,000
  • 15 Nov 2023
    Listed for Sale $569,000
  • 13 Mar 2020
    Sold for $282,000
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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 11,846 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 131 properties listed for sale, and 30 properties listed for rent in Labrador on OnTheHouse. According to CoreLogic's data, 563 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.