OFF MARKET

5/51 Olsen Avenue
Labrador QLD 4215

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 67m2
Land area: 214m2
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Property Details for 5/51 Olsen Ave, Labrador

5/51 Olsen Ave, Labrador is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1994. The property has a land size of 214m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
1994
Floor Size
67m2
Land Size
214m2
Local Government
Gold Coast City
Lot/Plan
5/GTP4322

Last Listing description (November 2023)

Located in a highly convenient location, with excellent public transportation options nearby, just a short walk from Harbour Town shopping centre and a quick drive to Southport CBD, Gold Coast University Hospital, Griffith University and the Broadwater. This low-set single storey villa represents great value and is currently rented until April 2024 at $520 / week.

Upon entry to Montana Gardens complex, you will be greeted with very well maintained gardens and a nice wide roadway lined with palm trees. The updated pool and BBQ area is a great place to relax and enjoy.

Backing on to a nature reserve, there is a green leafy view from every window and the back fence has been recently replaced. Inside, the kitchen offers plenty of bench and cupboard space, making meal preparation a breeze. The central lounge and dining area flow seamlessly from the front to the back of the unit, providing ample space. Both bedrooms are generously sized and feature built-in wardrobes, ensuring plenty of storage space. The villa is low maintenance and is neat and tidy throughout with an outdoor patio and turfed side yard.

? Two bedrooms with built in robes
? Open plan kitchen/dining/lounge
? Ceiling fans in bedrooms with air conditioner and fan in living area
? Bathroom with separate toilet
? Low maintenance yard (including patio and turfed side yard)
? Single garage with internal laundry, one parking space on the driveway
? No pets in this complex

Labrador is marked as one of the Gold Coast's fastest growing suburbs and with many local renovations, the recent gentrification of the area makes this a very promising investment for now and the future. Properties in Labrador are highly sought after - do not delay your inspection, as the investor liquidates, this property will be sold! Call Andrew Murray on 0411 087 778 today for further information and to book your inspection.

Disclaimer: In preparing this information we have used our best endeavours to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein. Please note the photographs contained herein use virtually staged furniture to ensure privacy of the tenants and are used for advertising purposes only.

Property History for 5/51 Olsen Ave, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$450,000
15 Oct 2023
  • 15 Oct 2023
    Sold for $450,000
  • 19 Sep 2023
    Listed for Sale Under Offer
  • 19 Jan 2022
    Sold for $395,000
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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 11,910 properties. Over the last 5 years, Houses in Labrador have seen a 97.45% increase in median value, while Units have seen a 100.65% increase. As at 31 December 2024:

  • The median value for Houses in Labrador is $1,080,968 while the median value for Units is $704,444.
  • Houses have a median rent of $680 while Units have a median rent of $625.
There are currently 99 properties listed for sale, and 47 properties listed for rent in Labrador on OnTheHouse. According to CoreLogic's data, 577 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.