3 Fourth Avenue, Labrador, QLD 4215 | House for sale | OnTheHouse
FOR SALE
For Sale

3 Fourth Avenue
Labrador QLD 4215

Bedrooms: 6
Bathrooms: 3
Car spaces: 3
Floor area: 316m2
Land area: 402m2
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Versatile Dual-Income Opportunity in the Heart of Chirn Park - Fully Leased Investment or Ideal Multigenerational Home

Positioned in one of the most tightly held and desirable pockets of Labrador, this expansive residence in Chirn Park presents a rare and exciting opportunity for investors or large families alike. With three fully self-contained flats spread over three levels, this property offers immediate rental returns and flexible dual-living or multi-generational options - all just moments from beaches, schools, shops, and vibrant dining hubs.
Property Highlights:
- Three self-contained flats across three levels
- Total of 6 bedrooms, 3 bathrooms, and 3 secure garage spaces
- Currently returning $2,065 per week - that's $107,380 per year (gross)
Ground Floor:
- 1 spacious bedroom with built-in robe
- Open-plan kitchen, dining and living area
- Bathroom, laundry, and large triple garage with storage
- Opens out to a covered alfresco and private backyard
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Property Details for 3 Fourth Ave, Labrador

3 Fourth Ave, Labrador is a 6 bedroom, 3 bathroom House with 3 parking spaces. The property has a land size of 402m2 and floor size of 316m2. The place is currently for sale with Ray White Runaway Bay.

Building Type
House
Floor Size
316m2
Land Size
402m2
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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 12,078 properties. Over the last 5 years, Houses in Labrador have seen a 100.34% increase in median value, while Units have seen a 117.39% increase. As at 30 November 2025:

  • The median value for Houses in Labrador is $1,178,344 while the median value for Units is $803,409.
  • Houses have a median rent of $715 while Units have a median rent of $698.
There are currently 74 properties listed for sale, and 37 properties listed for rent in Labrador on OnTheHouse. According to Cotality's data, 583 properties were sold in the past 12 months in Labrador.

Suburb Insights for Labrador 4215

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Scott Wells
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Ray White Runaway Bay
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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.