40/71 Olsen Avenue, Labrador, QLD 4215 sold on 23 January 2026 | OnTheHouse
 
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Sold on 23 Jan 2026 - Price Unavailable

40/71 Olsen Avenue
Labrador QLD 4215

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 40/71 Olsen Ave, Labrador

40/71 Olsen Ave, Labrador is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 2 bedroom Apartment sold in Labrador in the last 12 months.

Building Type
Apartment

Last Listing description (January 2026)

Positioned in a super convenient pocket of Labrador, this two-storey townhouse is the perfect opportunity for renovators, first-home buyers or investors looking to add value. Offering vacant possession, you can move straight in or start transforming the space immediately.

Set within a well-maintained complex, residents enjoy leafy surroundings, a quiet community feel and easy access to local conveniences. You're just moments from Harbour Town, Gold Coast University Hospital, Griffith University, Broadwater Parklands, public transport and major arterial roads-making this one of the most accessible locations in the area.

Inside, the property features two generous bedrooms with built-in robes, a main bathroom upstairs plus a second toilet downstairs, and an open-plan living and dining area flowing to a private patio. The secure single garage adds practicality, and the dedicated laundry room ensures convenience.

Property Features:
• 2 spacious bedrooms with robes
• 1.5 bathrooms (main bathroom upstairs, second toilet downstairs)
• Secure single lock-up garage
• Private outdoor patio
• Internal laundry
• Open-plan living and dining
• Vacant possession-move in or start renovating immediately
• Ideal for renovators, first-home buyers or investors
• Rental appraisal:
• Body Corporate approximately $84 per week
• Council Rates approximately $1,954.31 biannually
• Waters Rates approximately $440.29 quarterly

Complex Benefits:
• Well-maintained grounds
• Peaceful, established community
• Close to shopping, medical, transport and recreation

This is a rare chance to secure an affordable townhouse in a high-growth location with endless potential. Don't miss out on this renovator's opportunity in the heart of Labrador. Contact Ingrid Hipperson on 0459 226 283 to secure a private viewing today!

Disclaimer: Aerial location markers are indicative only. Photographs may show a similar unit within the complex and may not represent the exact property or its current condition.

Important: Whilst every care is taken in the preparation of the information contained in this marketing, Ray White will not be held liable for the errors in typing or information. All information is considered correct at the time of printing.
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Property History for 40/71 Olsen Ave, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
23 Jan 2026
Listed for Rent
$500/w
07 Jul 2025
  • 23 Jan 2026
    Sold
  • 08 Dec 2025
    Listed for Sale Offers over $699,000
  • 23 Jun 2025
    Listed for Rent $500 / week
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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 12,069 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.
There are currently 70 properties listed for sale, and 32 properties listed for rent in Labrador on OnTheHouse. According to Cotality's data, 574 properties were sold in the past 12 months in Labrador.

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Ingrid Miller
Ray White Surfers Benowa
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© 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.

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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.

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