OFF MARKET

6/31 Frank Street
Labrador QLD 4215

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 321m2
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Property Details for 6/31 Frank St, Labrador

6/31 Frank St, Labrador is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1972. The property has a land size of 321m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
1972
Floor Size
64m2
Land Size
321m2
Local Government
Gold Coast City
Lot/Plan
6/BUP816

Last Listing description (November 2021)

This entry level unit is so close to one of the Gold Coast's famous waterways, The Broadwater. Positioned on the top floor in a boutique block of eight this unit presents in a neat and tidy condition. The two bedroom unit is located in the central suburb of Labrador close to local and major shopping center's, schools and waterfront restaurants.

This apartment has been well cared for well and presents a wonderful opportunity for the astute investor or first home buyer.

Features include:

Boutique block of eight units
Two bedrooms
Combined living with air conditioning
Central living, meters to The Broadwater
Local shopping & major shopping close by
Walk to restaurants & caf on Marine Parade
Low body corporate fees
Current rental return $360 per week
Off street parking

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Property History for 6/31 Frank St, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$290,000
03 Nov 2021
Listed for Rent
$360/w
21 Apr 2021
  • 03 Nov 2021
    Sold for $290,000
  • 20 Jul 2021
    Listed for Sale $310,000
  • 20 Aug 2020
    Listed for Rent - Price not available
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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 11,844 properties. Over the last 5 years, Houses in Labrador have seen a 107.49% increase in median value, while Units have seen a 102.17% increase. As at 31 October 2024:

  • The median value for Houses in Labrador is $1,068,941 while the median value for Units is $702,019.
  • Houses have a median rent of $680 while Units have a median rent of $630.
There are currently 130 properties listed for sale, and 30 properties listed for rent in Labrador on OnTheHouse. According to CoreLogic's data, 563 properties were sold in the past 12 months in Labrador.

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