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Sold on 25 Sep 2024 for $557,000

49/51 Olsen Avenue
Labrador QLD 4215

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
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Property Details for 49/51 Olsen Ave, Labrador

49/51 Olsen Ave, Labrador is a 2 bedroom, 1 bathroom Villa with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Villa sold in Labrador in the last 12 months.

Building Type
Villa
Local Government
Gold Coast City
Lot/Plan
49/GTP4322

Last Listing description (September 2024)

Keep it simple with this original, single level, 2 bed villa. Located in a lovely, quiet and well maintained complex within walking distance to Harbour Town Shopping Centre and 5 min to GC University and Hospital precinct. This entry level property will appeal to many buyers including downsizers, first home buyers and investors.

What you will love:
2 good size bedrooms with built-ins and ceiling fans

Open plan living space with air-conditioning
Kitchen and dining room opening on to a private backyard full of potential.
Bathroom with separate bath and toilet
Single lock up garage with laundry
Extra car space in front of garage, plenty of visitor parking
Freshly painted throughout with room to add more value
Quiet, spacious and well maintained complex with fantastic pool and BBQ area.
Walk to Harbour Town Shops
5 min to the stunning Broadwater and GC Uni and Hospital
Excellent long term tenants on periodical lease looking to extend
Rental Appraisal $580-$590 PW
BC approx. $73 pw after pay on time discount
Council rates approx $1300 for 6 months
Water rates approx $360 per qtr (shared water meter)

For more Real Estate in Labrador contact your Area Specialist.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

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Property History for 49/51 Olsen Ave, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$557,000
25 Sep 2024
  • 25 Sep 2024
    Sold for $557,000
  • 05 Sep 2024
    Listed for Sale $550,000 PLUS
  • 04 Apr 2008
    Sold for $250,000
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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 11,827 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 128 properties listed for sale, and 32 properties listed for rent in Labrador on OnTheHouse. According to CoreLogic's data, 577 properties were sold in the past 12 months in Labrador.

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Laura Van Der Laan
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Area Specialist Queensland
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