5/31 Frank Street, Labrador, QLD 4215 | Apartment for sale | OnTheHouse
 
FOR SALE
Offers Over $785,000

5/31 Frank Street
Labrador QLD 4215

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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VACANT, REFRESHED & JUST 500M FROM THE BROADWATER

Freshly painted, newly carpeted and vacant for immediate occupation, this well-positioned three-bedroom unit presents an exciting opportunity to secure a comfortable coastal lifestyle in one of Labrador's most convenient locations. Adding further appeal is the exceptionally low body corporate fee of just approximately $33 per week, among the lowest in the area.
Set within a well-maintained walk-up complex on Frank Street, the property offers a generous floorplan rarely found in apartment living, complemented by an impressive wrap-around balcony on title and a single lock-up garage.
Whether you're a first-home buyer, owner-occupier, downsizer or investor, there's plenty here to make the most of.
Stepping inside, the open-plan living and dining area creates a welcoming central hub, enhanced by split-system air conditioning and an abundance of natural light. The living space extends directly outdoors to the expansive wrap-around balcony, providing an excellent setting for entertaining, relaxing or simply enjoying the cooling coastal breezes.
The kitchen is well equipped for everyday living, offering ample bench space, plenty of cabinetry and the added benefit of a new oven and cooktop.
Three oversized bedrooms provide excellent accommodation, each appointed with ceiling fans, while the master and second bedrooms also feature built-in wardrobes. The bathroom includes both a shower and bathtub, complemented by a separate toilet and dedicated laundry with additional linen storage.
Property features:
- Vacant and ready to occupy immediately
- Three-bedroom walk-up unit
- Freshly painted throughout
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Property Details for 5/31 Frank St, Labrador

5/31 Frank St, Labrador is a 3 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Stone Real Estate Southport.

Building Type
Apartment
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About Labrador 4215

The size of Labrador is approximately 5.0 square kilometres. There are 19 parks, covering nearly 14.6% of the 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 12,084 properties. Over the last 5 years, Houses in Labrador have seen a 75.35% increase in median value, while Units have seen a 103.22% increase. As at 31 August 2026:

  • The median value for Houses in Labrador is $1,254,786 while the median value for Units is $872,602.
  • Houses have a median rent of $785 while Units have a median rent of $723.
There are currently 144 properties listed for sale, and 37 properties listed for rent in Labrador on OnTheHouse. According to Cotality's data, 471 properties were sold in the past 12 months in Labrador.

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Mitchell Bean
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Marcello Giardina
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Stone Real Estate Southport
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