OFF MARKET

48 Government Road
Labrador QLD 4215

Bedrooms: 5
Bathrooms: 3
Car spaces: 4
Floor area: 260m2
Land area: 513m2
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Property Details for 48 Government Rd, Labrador

48 Government Rd, Labrador is a 5 bedroom, 3 bathroom Unit with 4 parking spaces and was built in 1980. The property has a land size of 513m2 and floor size of 260m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1980
Floor Size
260m2
Land Size
513m2
Local Government
Gold Coast City
Lot/Plan
1/RP95286

Last Listing description (November 2023)

Best value home in Labrador.

Location! Location! Less than 1000 metres to the amazing Broadwater with two levels of living. This is an opportunity not to be missed.

This property is perfect for a big family as the two levels of living each have their own kitchens, bathrooms and laundry.

Why not live on one level and rent the other floor out? The Choice is yours!

Currently, both levels are tenanted and bring an incredible total rental income of $ 1,110 per week.

Upstairs:

- Currently rented for $650.00 per week
- Polished timber hardwood floors
- Modern kitchen with breakfast bar and gas cooktop
- Expansive master bedroom with air conditioning, large walk-in robe and spacious private - ensuite with spa bath
- LED lighting throughout
- Oversized spare bedrooms with built-in robes, bed 2 also has air conditioning
- Freshly renovated bathroom with separate laundry nook

Downstairs:

- Rented for $560.00 per week
- Spacious living room with air conditioning
- Expansive kitchen with gas cooktop and large dining area
- Oversized bedrooms, bedroom 1 has air conditioning
- Separate laundry
- Private front yard
- Separate bathroom

The home features a large solar panel system, gas hot water, a fully secured perimeter with a remote-controlled electric sliding gate, a carport and lots of secure hardstand parking for trailers, boats or a campervan.

2km to the Harbour Town Shopping Centre, 4km to the Gold Coast University/Hospital and located within the Labrador State primary school and Southport State High School catchment.

Disclaimer: The information contained herein is obtained from owners and/or relevant and legitimate third-party sources. We have, in preparing this information, used our best endeavours to ensure that the information is true and accurate however, we accept no responsibility, offer no guarantee or warranty, and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur. Interested parties must rely solely on their own inquiries to verify the information contained herein.

Property History for 48 Government Rd, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$955,000
28 Aug 2023
Listed for Rent
$520/w
09 Dec 2020
  • 28 Aug 2023
    Sold for $955,000
  • 11 Jul 2023
    Listed for Sale AUCTION cancelled - Under Contract
  • 22 Nov 2022
    Sold for $865,000
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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 11,828 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 129 properties listed for sale, and 33 properties listed for rent in Labrador on OnTheHouse. According to CoreLogic's data, 575 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.