OFF MARKET

262 Government Road
Labrador QLD 4215

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 108m2
Land area: 506m2
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Property Details for 262 Government Rd, Labrador

262 Government Rd, Labrador is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 506m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
House
Year Built
1970
Floor Size
108m2
Land Size
506m2
Local Government
Gold Coast City
Lot/Plan
20/RP95481

Last Listing description (August 2024)

Located at the quiet end of Government Road, this 1980's property is suited as a complete development, renovation or as an investment.

The property is in a prime location, close to schools , major arterial roads, public transport, sporting facilities and local shops. The house was built in the 1980's and is in original condition with minimal maintenance completed.

FEATURES:-
- Land 506m2
- Medium Density residential - RD3 - Up to 40 Dwellings per Net Hectare* (1 dwelling per 250 m2 of site area (Gold Coast City Council 2003, p. 7)
UPSTAIRS
- 3 standard sized bedroom
- Bathroom complete with a separate shower and full sized bath
- Separate Toilet
- Lounge Room and dining area
- Full Kitchen
- Down stairs is a full sized laundry, rumpus or bedroom and a typical of the erra, 1980's built in brick bar

The Local Area.

- Just 1 km away to the local IGA
- 1.3 kms drive to the local bowls club and many different sporting grounds

Gold Coast City Council, Residential Density (areas outside LAPs) - Overlay Map OM4-6, Queensland Government, Brisbane.
https://www.goldcoast.qld.gov.au/gcplanningscheme_0803/maps/overlay_maps/om_04.pdf

This property will be snapped up by the first astute buyer to inspect.
Phone the local agent, Catherine Nutt on 0433 247 690 for further information of the property or to arrange an inspection.

Property History for 262 Government Rd, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$710,000
31 Aug 2021
Listed for Rent
$395/w
15 Nov 2021
  • 31 Aug 2021
    Sold for $710,000
  • 11 Aug 2021
    Listed for Sale Offers Over $700,000
  • 09 Nov 2020
    Sold for $400,000
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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 106.65% increase in median value, while Units have seen a 98.73% increase. As at 30 September 2024:

  • The median value for Houses in Labrador is $1,045,036 while the median value for Units is $688,523.
  • Houses have a median rent of $690 while Units have a median rent of $625.
There are currently 122 properties listed for sale, and 41 properties listed for rent in Labrador on OnTheHouse. According to CoreLogic's data, 558 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.