SOLD
Sold on 05 Aug 2024 for $520,000

4/58 Frank Street
Labrador QLD 4215

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 55m2
Land area: 72m2
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Property Details for 4/58 Frank St, Labrador

4/58 Frank St, Labrador is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 72m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Labrador in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
55m2
Land Size
72m2
Local Government
Gold Coast City
Lot/Plan
4/SP312256

Last Listing description (September 2024)

Urgent sale, vendor is liquidating assets! This one will not last long.

Discover modern living in this charming 2-bedroom, 1-bathroom apartment at 4/58 Frank Street, Labrador. With a secure car space and an inviting living area, this well-maintained home is perfect for first-time buyers or savvy investors seeking an affordable entry into the property market.

Nestled in a prime location, enjoy the best of Labrador and the Gold Coast with quick access to key destinations:

Broadwater Parklands: Just 3 minutes away, perfect for leisurely walks and weekend picnics.

Harbour Town Shopping Centre: Only 6 minutes drive to enjoy a variety of shops, restaurants, and entertainment options.

Griffith University: Reach the campus in just 10 minutes, making it convenient for students and staff.

Gold Coast University Hospital: Also 10 minutes away, ensuring peace of mind with medical facilities nearby.

Southport CBD: A short 7-minute drive to the bustling heart of Southport with its array of businesses and services.

Australia Fair Shopping Centre: Just 8 minutes to indulge in shopping, dining, and entertainment.

Surfers Paradise: Only 15 minutes to the iconic beaches and vibrant nightlife of the Gold Coast.

This apartment offers a balanced lifestyle, blending relaxation with accessibility to essential amenities. With a rental appraisal of $550 to $600 per week and only $96 per week body corporate including building insurance, it presents a fantastic opportunity for those looking to secure a desirable property in a thriving area without breaking the bank. Dont miss out on making this your new home or investment!

Property History for 4/58 Frank St, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$520,000
05 Aug 2024
  • 05 Aug 2024
    Sold for $520,000
  • 12 Jul 2024
    Listed for Sale $520,000

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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 11,905 properties. Over the last 5 years, Houses in Labrador have seen a 111.13% increase in median value, while Units have seen a 95.54% increase. As at 31 August 2024:

  • The median value for Houses in Labrador is $1,074,668 while the median value for Units is $666,015.
  • Houses have a median rent of $690 while Units have a median rent of $625.
There are currently 123 properties listed for sale, and 35 properties listed for rent in Labrador on OnTheHouse. According to CoreLogic's data, 593 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.