40/71 Olsen AvenueLabrador QLD 4215
Property Details for 40/71 Olsen Ave, Labrador
40/71 Olsen Ave, Labrador is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 14720m2 and floor size of 184m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 2 bedroom Unit sold in Labrador in the last 12 months.
Last Listing description (February 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.
Disclaimer:
Property History for 40/71 Olsen Ave, Labrador, QLD 4215
- 17 Dec 2025Sold for $729,000
- 08 Dec 2025Listed for Sale Offers over $699,000
- 23 Jun 2025Listed for Rent $500 / week
Recent sales nearby
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0About 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 12,070 properties. Over the last 5 years, Houses in Labrador have seen a 99.68% increase in median value, while Units have seen a 127.55% increase. As at 31 March 2026:
- The median value for Houses in Labrador is $1,252,073 while the median value for Units is $882,165.
- Houses have a median rent of $750 while Units have a median rent of $700.
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