1/163 Olsen Ave, Labrador is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 88m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in December 2013.
UNDER CONTRACT
An ideal investment opportunity which is perfectly positioned just 1.3klms to the New Hospital & Griffith University, leave the car at home and save with no more expensive parking fee's. This property benefits from a modern kitchen and a large rear yard, ideal for those looking to get into the market at a basement price and renovate to capitalise in the high growth area of Labrador.* Dual street access availability, room for shed or workshop * Pet friendly and no Body Corporate fee's* Vacant and awaiting a new owner* Previously returning $280 per week* 2klms to Harbour Town, 4klms to the Broadwater and only 350mtrs to Clock Tower Shopping Centre.This area is booming with investors all trying to secure properties within walking distance to both the University and Hospital, get in quick to avoid disappointment.
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 12,071 properties. Over the last 5 years, Houses in Labrador have seen a 98.89% increase in median value, while Units have seen a 122.77% increase. As at 31 December 2025:
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