16/63 Olsen AvenueLabrador QLD 4215
Property Details for 16/63 Olsen Ave, Labrador
16/63 Olsen Ave, Labrador is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1985. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 2 bedroom Townhouse sold in Labrador in the last 12 months.
Last Listing description (May 2026)
This townhouse represents a blank canvas for a builder, savvy renovator, or investor looking to create value from the ground up.
Sold "as is, where is," the heavy lifting of demolition has already been completed, leaving a shell ready for a total internal transformation.
Property Highlights:
• Blank Slate Interior: The kitchen and bathroom have been fully removed, allowing you to design a modern layout from scratch.
• Renovator's Dream: This is not a "cosmetic fix"—it is a full-scale renovation project for those who want to choose every finish, from the wiring to the wardrobes.
• Outdoor Potential: The property includes outdoor space that requires landscaping, offering the chance to create a private garden oasis or a sleek entertaining area
• Complex Living: Enjoy the security and community benefits of a townhouse complex including 2 Tropical Swimming Pools
Important Note:
The property is currently classified as non-habitable. No functioning kitchen, bathroom, or internal wall linings are present.
Bring your architect, builder and your vision. This is the lowest-entry point into a sought-after complex—once finished, the equity potential is significant.
Location
Positioned in a highly convenient part of Labrador, this property places you close to everything. Just minutes to Harbour Town Shopping, Runaway Bay Shopping Centre, Griffith University, and Gold Coast University Hospital. Public transport is right at your doorstep, while the Broadwater, local parks, and beaches are only a short drive away. Whether for lifestyle or investment, this location is hard to beat.
VIEWING IS BY APPOINTMENT ONLY
Auction 16th May 2026
11am
Hillsea Real Estate
74 Bayview Street
Runaway Bay
Unless Sold Prior
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Property History for 16/63 Olsen Ave, Labrador, QLD 4215
- 28 May 2026Sold for $400,000
- 27 Apr 2026Listed for Sale Sold to prior to Auction
- 07 Feb 1998Sold for $75,000
Recent sales nearby
See more recent sales nearby/assets/perm/fivfjwkpjqi65premvu5yi62pm?signature=bced72680877e0db9bddb697e0d395b7636bf88b3342bdf08955ce76ff4168f2){kind=logo}
0/assets/perm/hmftwfgw44i6nfc5dfhctum37i?signature=e9a4a7bd680442214ba9b5be41fec808637a0f89382f011c820c4dcb97dec8cb){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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 12,081 properties. Over the last 5 years, Houses in Labrador have seen a 96.30% increase in median value, while Units have seen a 127.80% increase. As at 30 April 2026:
- The median value for Houses in Labrador is $1,269,504 while the median value for Units is $893,188.
- Houses have a median rent of $750 while Units have a median rent of $718.
Suburb Insights for Labrador 4215
Market Insights
Labrador Trends for Houses
N/A
N/A
View TrendN/A
N/A
Labrador Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
