11/63 Olsen AvenueLabrador QLD 4215
Property Details for 11/63 Olsen Ave, Labrador
11/63 Olsen Ave, Labrador is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1993. The property has a land size of 156m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last sold in February 2018.
Last Listing description (March 2018)
BARGAIN BUYING, PRICE ADJUSTED
Tenants will be busting to rent this property. Alternatively, the villa is vacant & ready for occupation.
3 Bedrooms, 2 Bathrooms( + third toilet) SLUG + a second exclusive use carparking space.
Upstairs the main bedroom is ensuited & the other two bedrooms are serviced by the main bathroom. There is the additional benefit of a third downstairs tiolet.
The kitchen has been upgraded with modern tasteful cabinetry & new appliances.
A rental appraisal has been completed providing a return of $395- $410p/w. With a modest $45p/w (approx) Body Corporate fee, this clearly represents an astute investment opportunity.
The proximity to Harbourtown,University, Hospital, cafes, restaurants, the Broadwater, train station & all other conveniences, suggest that this property will remain in high demand for many years to come.
The complex has two swimming pools & ample visitor car parking.
Buyers will quickly realise that this property represents great value. The seller is a fair minded rational vendor.
Contact Richard on 0423588890 or Anthony on 0413700377 to arrange an inspection.
Property History for 11/63 Olsen Ave, Labrador, QLD 4215
- 19 Feb 2018Sold for $330,000
- 28 Oct 2017Listed for Sale $335,000
- 12 Sep 2017Listed for Rent - Price not available
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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.
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