SOLD
Sold on 07 Aug 2024 for $613,000

2/41 Morinda Way
Labrador QLD 4215

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 89m2
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PRD Nationwide Ashmore
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Property Details for 2/41 Morinda Way, Labrador

2/41 Morinda Way, Labrador is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1987. The property has a land size of 89m2. 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
1987
Land Size
89m2
Local Government
Gold Coast City
Lot/Plan
2/BUP7887

Last Listing description (September 2024)

Fantastic investment opportunity awaits in prime Labrador location. This neat and tidy duplex with a huge backyard offers immense potential. Enjoy privacy with no rear neighbours, as this property backs onto Paperbark Trail. Located in a quiet neighborhood, it's just minutes from reputable schools, transportation, and the stunning Broadwater.

Featuring:
Two bedrooms both with built-in wardrobes

Bathroom complete with bathtub and separate toilet
Kitchen with lots of cupboard space
Open plan living and dining area
Massive backyard with side access- Backing onto Paperbark Trail, no rear neighbours!
Single lock up garage with internal access plus driveway parking for your boat, trailer or extra vehicles
Separate laundry with direct external access
Great tenant in place until September 2024
Rental appraisal $560 - $590 per week
No body corporate, just shared insurance of approx. $1,900 per annum

Whether you're entering the market for the first time, looking to downsize, or seeking an investment, this property is your ideal for you.
Within minutes to local schools, Gold Coast University Hospital, transport facilities including G-Link light rail, Chirn Park and the Broadwater.

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Property History for 2/41 Morinda Way, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$613,000
07 Aug 2024
Listed for Rent
$380/w
13 Sep 2020
  • 07 Aug 2024
    Sold for $613,000
  • 30 Jul 2024
    Listed for Sale Expressions of Interest
  • 17 Aug 2020
    Listed for Rent $380 / 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 11,846 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 129 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.

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