3/248 Marine Parade, Labrador, QLD 4215 | Property Value & History | OnTheHouse
OFF MARKET

3/248 Marine Parade
Labrador QLD 4215

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 66m2
Land area: 40m2
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Property Details for 3/248 Marine Pde, Labrador

3/248 Marine Pde, Labrador is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 40m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in October 2016.

Building Type
Unit
Year Built
1970
Floor Size
66m2
Land Size
40m2
Local Government
Gold Coast City
Lot/Plan
3/BUP104

Last Listing description (February 2017)

Imagine walking out of your unit less than 30 metres to be standing on the Broadwater at any time to relax. Small block of 8 units with an open plan design with a very low body corporate attached. Presently tenanted until 12/11/2016 this is a rare opportunity for the astute investor or owner occupier to secure some tremendous future capital gains with your own personal touch and finesse. The ideal convenience of the Caf precinct, parklands & light rail only a few minutes walk away. A spacious floor plan with downstairs lounge/dining area, kitchen, air conditioning & high ceilings. Upstairs 2 generous sized bedrooms, fans and a large balcony for breakfast or drinks with picturesque Broadwater views to be enjoyed. The main bathroom has subtle style & character. 1 to 2 car undercover parking also connecting. There a not many of these spacious older units remaining at entry point value in such an exclusive and sought after location. Get the fishing rod and sunscreen out and get ready to enjoy a lifestyle that is rarely offered at such a realistic price. Do not miss this one as it will definitely not last!

Property History for 3/248 Marine Pde, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$360,000
27 Oct 2016
Listed for Rent
$280/w
13 Nov 2015
  • 07 Nov 2016
    Listed for Sale Not Disclosed
  • 27 Oct 2016
    Sold for $360,000
  • 06 Jun 2016
    Listed for Sale SOLD
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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 12,078 properties. Over the last 5 years, Houses in Labrador have seen a 89.42% increase in median value, while Units have seen a 119.69% increase. As at 31 May 2026:

  • The median value for Houses in Labrador is $1,260,657 while the median value for Units is $873,134.
  • Houses have a median rent of $773 while Units have a median rent of $715.
There are currently 119 properties listed for sale, and 20 properties listed for rent in Labrador on OnTheHouse. According to Cotality's data, 550 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.