40/51 Olsen Avenue, Labrador, QLD 4215 sold on 20 July 2026 | OnTheHouse
SOLD
RECENT ADVICE
Sold on 20 Jul 2026 for $740,000

40/51 Olsen Avenue
Labrador QLD 4215

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 236m2
Land area: 236m2
Sold By
agent headshot
Coronis Southport
Save

Property Details for 40/51 Olsen Ave, Labrador

40/51 Olsen Ave, Labrador is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1994. The property has a land size of 236m2 and floor size of 236m2. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 2 bedroom Unit sold in Labrador in the last 12 months.

Building Type
Unit
Year Built
1994
Floor Size
236m2
Land Size
236m2
Local Government
Gold Coast City
Lot/Plan
40/GTP4322

Last Listing description (July 2026)

Perfectly positioned in one of Labrador's most convenient pockets, 40/51 Olsen Avenue offers an easy, low-maintenance lifestyle close to everything that makes this coastal suburb so popular.

Set within a well-maintained complex, this single-level villa is ideal for buyers wanting comfort, privacy and everyday convenience without the upkeep of a larger home. Whether you are downsizing, entering the market, or looking for a smart investment in a high-demand location, this property offers a practical lifestyle base in the heart of the Gold Coast.

From here, daily life is simple. Local shops, cafs, public transport, parks and everyday amenities are all within easy reach, while Harbour Town Premium Outlets, the Broadwater, Chirn Park, Griffith University, Gold Coast University Hospital and Southport CBD are only a short drive away. Spend your weekends walking along the waterfront, enjoying coffee or dinner at Chirn Park, shopping at Harbour Town, or relaxing by the water at Marine Parade.

Inside, the home offers a warm and welcoming feel with a practical single-level layout designed for easy everyday living. The open plan living and dining area is relaxed and comfortable, while the kitchen connects easily with the main living space, making daily meals, casual entertaining and quiet nights at home feel effortless.

Both bedrooms are generously sized and serviced by the main bathroom, while the no-stairs layout makes the home especially appealing for those seeking simple, accessible living.

Outdoors, the private low-maintenance area provides space to relax, entertain or enjoy a quiet morning coffee. The property also offers two-car accommodation, a valuable feature in such a central Labrador location.

Residents can also enjoy access to the complex swimming pool, adding to the relaxed lifestyle appeal while keeping maintenance simple and convenient.

With lifestyle amenities, transport, shopping, dining, medical facilities, education and the Broadwater all nearby, this is a home that places convenience at your doorstep. Practical, comfortable and superbly positioned, 40/51 Olsen Avenue offers lifestyle appeal today and exciting potential for the future.

Property Features:
Single-level villa in a highly convenient Labrador location
Ideal for those who cannot manage stairs or prefer easy single-level living
Two generous bedrooms
Spacious open plan living and dining area
Functional kitchen connected to the main living zone
Private low-maintenance outdoor area
Two-car accommodation
Access to complex swimming pool
Low-maintenance lifestyle in a high-growth suburb
Ideal for downsizers, first-home buyers and investors

Location Highlights:
Public transport close by, offering everyday convenience
Approx. 1.0km to local shops, cafs, parks and everyday amenities
Approx. 1.1km to Harbour Town Premium Outlets
Approx. 2.0km to the Broadwater and Marine Parade
Approx. 2.1km to waterfront parklands, walking tracks and lifestyle attractions
Approx. 2.4km to Chirn Park dining precinct
Approx. 3.0km to Griffith University
Approx. 3.2km to Gold Coast University Hospital
Approx. 4.0km to Southport CBD

Property Details:
Year Built: 1994
Body Corporate: Approximately $75 per week
Forecast Rental Appraisal: $750 to $800 per week
Current Tenancy: $630 per week, ending 11/08/2026 ( last rent increase-11/8/2025)
Council Rates: Approximately $2,211 per year
Water Rates: Approximately $1,942 per year

Disclaimer: The agent has taken reasonable steps to verify the accuracy of the information contained in this marketing and advertising material. However, all information is provided as a guide only and should not be relied upon as a representation of fact.

Prospective buyers should make their own enquiries, conduct their own due diligence and seek independent advice to satisfy themselves as to the accuracy, condition, suitability and completeness of the information provided in relation to the property. To the extent there is any inconsistency between this marketing or advertising material and the Form 2 Seller Disclosure Statement for the property, the Form 2 Seller Disclosure Statement will prevail.

If this property is being sold by auction or without a price, a price guide cannot be provided. Any website or portal may have filtered the property into a price bracket for website functionality purposes only.

Some marketing images may contain virtual furniture, furniture staging, digital enhancements or AI-generated enhancements for illustrative purposes. Any such images are intended to assist with visual presentation only and may not reflect the actual property features, furnishings, condition, layout, size, views or presentation. Buyers should rely on their own inspections, enquiries and independent advice.

Property History for 40/51 Olsen Ave, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$740,000
20 Jul 2026
Listed for Rent
$630/w
28 Jul 2025
  • 20 Jul 2026
    Sold for $740,000
  • 26 Jun 2026
    Listed for Sale Undisclosed
  • 19 Sep 2025
    Listed for Rent $630 / week
Sign in to see more transactions
Commute Calculator

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 12,093 properties. Over the last 5 years, Houses in Labrador have seen a 80.57% increase in median value, while Units have seen a 114.22% increase. As at 30 June 2026:

  • The median value for Houses in Labrador is $1,260,776 while the median value for Units is $871,221.
  • Houses have a median rent of $780 while Units have a median rent of $720.
There are currently 127 properties listed for sale, and 36 properties listed for rent in Labrador on OnTheHouse. According to Cotality's data, 520 properties were sold in the past 12 months in Labrador.

Suburb Insights for Labrador 4215

Market Insights
Labrador Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Labrador Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.