36/51 Olsen AvenueLabrador QLD 4215
Property Details for 36/51 Olsen Ave, Labrador
Last Listing description (August 2016)
Resort Brokers ID : MR004161 Complex consists of 51 X two bedroom villas, 38 of which are in on-site letting pool.
23.5 years on caretaking / letting agreements great tenure.
Convenient location off Olsen Avenue close to Harbour Town, M1, University, Hospital and Broadwater.
Business can be managed by one person.
No set office hours.
Due to low priced real estate, shows very high return on total investment (14% plus).
Call Alex Cook on 0467 600 610 for more details.
NB: Property inspections are by appointment only
Property History for 36/51 Olsen Ave, Labrador, QLD 4215
- 13 Aug 2019Sold for $325,000
- 21 Apr 2016Sold for $285,000
- 11 Mar 2016Listed for Sale $950,000
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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