2/187 Olsen Avenue, Labrador, QLD 4215 | Property Value & History | OnTheHouse
OFF MARKET

2/187 Olsen Avenue
Labrador QLD 4215

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 87m2
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Property Details for 2/187 Olsen Ave, Labrador

2/187 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 87m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
Unit
Year Built
1980
Floor Size
83m2
Land Size
87m2
Local Government
Gold Coast City
Lot/Plan
2/BUP8213

Last Listing description (October 2023)

Welcome to this low maintenance 3 bedroom duplex that presents an excellent opportunity for those seeking an investment, looking to retire or a small family. Although in need of some fresh paint and carpet, this property offers a solid foundation in a fantastic location. Situated on the all too convenient Olsen Avenue, this single level duplex offers location and privacy. This property is a short walk to local shops, bus out front, walk to Gold Coast University, Hospital and The Light Rail.

The kitchen, provides space for customization and the opportunity to design your dream culinary space. With the potential to add modern appliances, stylish cabinetry, and new countertops, this kitchen can transform into the heart of the home.

Additionally, this duplex features a private backyard, providing an excellent outdoor space for gardening, entertaining, or simply relaxing in the fresh air. With a little creativity, this area can be transformed into a private oasis where you can escape the hustle and bustle of everyday life.

Property features:
- Solid brick low set duplex
- 3 bedrooms with ceiling fans, 2 with mirrored wardrobes
- Bathroom with bath and separate toilet
- Living room with air-conditioning
- Fully fenced private rear yard with garden shed
- Carport with plenty of street parking
- No body corporate
- Shared building insurance only
- Council Rates $2,170 pa approx.
- Water Rates $1,078 pa approx.
- Currently tenanted until 17.01.24 for $450 pw.

Labrador is a rapidly changing suburb with new developments enhancing the areas profile constantly. The area is also perfect for families with everything at your door stop Local Bus Services, Shops, Griffith University and the Gold Coast University Hospital makes your life easy living.

This property provides a resort style lifestyle or a great investment to add to your property portfolio. Contact Paul Kearney on 0418 983 538 or Monique Swart on 0421 974 683 for more information.

Disclaimer: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the vendor or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

Property History for 2/187 Olsen Ave, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$515,000
08 Aug 2023
Listed for Rent
$320/w
10 Jul 2013
  • 08 Aug 2023
    Sold for $515,000
  • 20 Jul 2023
    Listed for Sale $515,000
  • 15 Jun 2013
    Listed for Rent - Price not available
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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 12,076 properties. Over the last 5 years, Houses in Labrador have seen a 100.34% increase in median value, while Units have seen a 117.39% increase. As at 30 November 2025:

  • The median value for Houses in Labrador is $1,178,344 while the median value for Units is $803,409.
  • Houses have a median rent of $715 while Units have a median rent of $698.
There are currently 66 properties listed for sale, and 36 properties listed for rent in Labrador on OnTheHouse. According to Cotality's data, 590 properties were sold in the past 12 months in Labrador.

Suburb Insights for Labrador 4215

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.