2/3 Fourth Avenue, Labrador, QLD 4215 | House for sale | OnTheHouse
 
FOR SALE
$1,679,000

2/3 Fourth Avenue
Labrador QLD 4215

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Improve this data
Contact Agent
agent headshot
Message
Show contact details
Call agent
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Blue Chip Location 'Chirn Park' - Leased Investment Returning $107,380 p.a.* - Must Be Sold

This property is situated in the highly sought after pocket of 'Chirn Park', Labrador. It is an extremely rare opportunity to purchase a large family home with such a strong rental return, presenting a great investment opportunity.
Upon entering through the foyer on the ground floor, the first flat contains a spacious bedroom with built-in-robe, massive open plan living and dining area attached to the kitchen opening out to the covered alfresco and backyard. There is also a bathroom, laundry and a large triple secure garage with storage.
The second flat is located on the first floor, boasting four large bedrooms with built-in-robes, bathroom, separate powder room and a massive open plan living and dining area with an island benchtop all flowing out to a covered balcony with skyline views.
The third flat is located on the second floor with a kitchen, large studio style living/dining area with views of the city skyline, bedroom and ensuite. This block is fully leased for immediate returns plus the confidence of remaining a strong investment with vacancy rates at 0.7% throughout Labrador. Alternatively, the home is perfect for the owner occupier with a large family with dual living potential and can be moved in to by May.
All this in a very quiet and private street, only moments from local schools, shopping centres, popular cafes, dining and entertaining precincts as well as several beaches only a stone's throw away. Inspect this property today, as it certainly will not last long!
Current Leases & Outgoings:
Lease 1 - $595/week till 19/05/2025 - ($30,940/year)
Lease 2 - $975/week till 19/05/2025 - ($50,700/year)
Lease 3 - $495/week till 13/4/2026 - ($25,740/year)
Council Rates - $3,450.08/year
See More

Property Details for 2/3 Fourth Ave, Labrador

2/3 Fourth Ave, Labrador is a 6 bedroom, 3 bathroom House with 3 parking spaces. The place is currently for sale with Ray White Main Beach.

Building Type
House
Commute Calculator

About Labrador 4215

The size of Labrador is approximately 5.0 square kilometres. It has 19 parks covering nearly 14.6% of total area. The population of Labrador in 2016 was 18261 people. By 2021 the population was 18643 showing a population growth of 2.1% in the area during that time. The predominant age group in Labrador is 50-59 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 2021, 50.80% of the homes in Labrador were owner-occupied compared with 45.10% in 2016.

Labrador has 12,075 properties. Over the last 5 years, Houses in Labrador have seen a 102.34% increase in median value, while Units have seen a 116.20% increase. As at 31 October 2025:

  • The median value for Houses in Labrador is $1,157,572 while the median value for Units is $786,077.
  • Houses have a median rent of $700 while Units have a median rent of $680.
There are currently 82 properties listed for sale, and 33 properties listed for rent in Labrador on OnTheHouse. According to Cotality's data, 578 properties were sold in the past 12 months in Labrador.

Labrador Profile Page

Suburb Insights for Labrador 4215

Visit Labrador profile page
Market Insights
Labrador Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Labrador Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Labrador profile page
Contact agent
agent headshot
Tyler Wright
Show contact details
Call agent
Ray White Main Beach
Preferred contact:
Privacy Policy
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED