OFF MARKET

5/157 Muir Street
Labrador QLD 4215

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 63m2
Land area: 265m2
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Property Details for 5/157 Muir St, Labrador

5/157 Muir St, Labrador is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a land size of 265m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
Unit
Year Built
1979
Floor Size
63m2
Land Size
265m2
Local Government
Gold Coast City
Lot/Plan
5/BUP3455

Last Listing description (May 2021)

Located just 450m from the Broadwater, this is a golden opportunity not to be missed. Perfect for first home buyers new to the market or investors, this property is elegantly modern. An exposed brick wall gives character and warmth to the living area and is complimented by the neutral tones throughout.

Two bedrooms both with built-in wardrobe & ceiling fans.

Well-appointed kitchen with Chef cooktop, oven and rangehood.
Relax with airconditioned comfort in the living/dining area with feature exposed brick wall.
Plenty of storage with oversized pantry and linen cupboard.
Auto access to the tandem double lock-up garage for one mid-size SUV or two small cars.
Laundry in the garage with an individual hot water system and clothesline.
Solid concrete and brick construction with only 8 units in the complex.
Current rental return of around $360-$380 per week, presenting upwards of a 6% gross rental yield.
Low body corporate of approx $32 per week
Council rates approx $1,750 per year
Water rates approx $1,350 per year
Walking distance to the beautiful Broadwater; 4.1km to Gold Coast University Hospital and Griffith University and 3.2km to Harbour Town Shopping Centre and Harbour Town's dining precinct and Cinema Complex.

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Property History for 5/157 Muir St, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$321,000
11 Apr 2021
Listed for Rent
$260/w
28 Jul 2012
  • 11 Apr 2021
    Sold for $321,000
  • 11 Mar 2021
    Listed for Sale Contact Agent
  • 29 Oct 2016
    Sold for $235,000
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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 11,902 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 120 properties listed for sale, and 33 properties listed for rent in Labrador on OnTheHouse. According to CoreLogic's data, 578 properties were sold in the past 12 months in Labrador.

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