11/51 Olsen Ave, Labrador is a 2 bedroom, 1 bathroom Townhouse with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 2 bedroom Townhouse sold in Labrador in the last 12 months.
Discover the perfect blend of comfort, convenience, and easy living with this charming property in the heart of Labrador. Whether you're stepping onto the property ladder, seeking a low-maintenance lifestyle, or looking for a solid investment, this lowset townhouse must be considered. Tenant in place until January 2026, and excellent onsite management.
Positioned just minutes from the breathtaking Broadwater, lush local parks, and the bustling Harbour Town precinct, you'll have shopping, dining, and entertainment at your fingertips. Public transport, schools, and recreational facilities are all within easy reach, making everyday life a breeze.
Features You'll Love:
The Numbers That Matter:
Body Corporate: Approx. $76 per week
Council Rates: Approx. $1,300 per half-year
Water Rates: Approx. $435 per quarter
Rental Return: Approx. $540 per week (tenanted until January 2026)
This is an opportunity not to be missed!
Disclaimer: While every effort has been made to ensure accuracy, buyers should conduct their own due diligence.
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 12,058 properties. Over the last 5 years, Houses in Labrador have seen a 97.82% increase in median value, while Units have seen a 125.44% increase. As at 28 February 2026:
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