1/49 Government RoadLabrador QLD 4215
Property Details for 1/49 Government Rd, Labrador
1/49 Government Rd, Labrador is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 103m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Last Listing description (February 2022)
What an opportunity. This two bedroom duplex is less than 1km from the magnificent Broadwater and the Grand Hotel, bars and restaurants. Although dated it is perfectly liveable as is, which makes it suitable for first home buyers, looking to take their time with the renos and add value over time.
Features include:
No body corporate just shared building insurance cost
Open plan air conditioned living is split into lounge and meals area
Huge kitchen with heaps of potential
2 good sized bedrooms, both with built ins
The bathroom with shower, bath, vanity, and separate toilet
Internal access to the auto lock up garage
Solar power & roof insulation will help keep the bills down
Security screens for peace of mind
Fenced front garden for pets & kids to play safely
Bus stops are just a short stroll away.
Investors our property manager estimates a rental of $400 - $440 per week
Biggera Waters shopping centre and Labrador Park shopping centres are close by
Affordable properties close to the coast without a body corporate are hard to find and in high demand, making this a great opportunity for someone looking to jump in and renovate now or live in and work on over time. Be sure to attend the weekend open homes as this won't last long.
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Property History for 1/49 Government Rd, Labrador, QLD 4215
- 21 Dec 2021Sold for $460,000
- 15 Dec 2021Listed for Sale Buyers Above $390,000
- 25 Mar 1986Sold for $59,500
Recent sales nearby
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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 12,071 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:
- The median value for Houses in Labrador is $1,187,596 while the median value for Units is $822,847.
- Houses have a median rent of $725 while Units have a median rent of $700.
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