5/3 Proud Street, Labrador, QLD 4215 | Property Value & History | OnTheHouse
 
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5/3 Proud Street
Labrador QLD 4215

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 102m2
Land area: 86m2
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Property Details for 5/3 Proud St, Labrador

5/3 Proud St, Labrador is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1976. The property has a land size of 86m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
1976
Floor Size
102m2
Land Size
86m2
Local Government
Gold Coast City
Lot/Plan
5/GTP109

Last Listing description (October 2023)

This unique 2 bedroom, 1 bathroom townhouse is located in a small boutique block of 11 units. It offers more space than the typical townhouses of its era, making it an attractive option. One of its standout features is a usable balcony off the second living area upstairs, providing additional living space and a pleasant outdoor area.

The townhouse also includes a quaint courtyard off the living area, perfect for relaxing or entertaining guests. Currently vacant, the property offers the advantage of being move-in ready. You have the flexibility to either move in right away, undertake a complete makeover according to your preferences, or capitalize on your investment by renting it out to a new tenant at the current market rental rate for the area of $530 - $570 per week.

The location is a major highlight, being close to everything the Gold Coast has to offer. Additionally, the fabulous Broadwater is just a short stroll away, providing easy access to waterfront activities, scenic walks, and beautiful views.

Overall, this 2-bedroom townhouse presents a unique opportunity to own or invest in a property that offers more space, a usable balcony, and a quaint courtyard, while being conveniently located near the Gold Coast's amenities and attractions.

Property Features:
- Two good sized bedrooms both with built in robes and fans
- Living areas both upstairs and downstairs
- Private, exclusive garden courtyard complete with clothes line
- Good size fridge space
- Loads of storage areas throughout
- Oversized hideaway laundry
- Carport + one additional park at front of townhouse

Financial Information:
- Rental Appraisal $530 - $570
- Council Land rates $1530.00 per annum
- Water not separately metered
- Electricity separately metered
- Body Corporate Levies approx $32.30 per week
- Built 1976

To inspect this property, contact the agent Catherine Nutt on 0433 247 690 or check for open home times.

Disclaimer: All information contained herewith, including but not limited to the general property description, images, floorplans, figures, price and address, has been provided to Alberport PTY LTD trading as LJ Hooker Broadwater and Catherine Nutt Realty Pty Ltd Licence No 4047862 by third parties. We have obtained this information from sources that we believe to be reliable; however, we cannot guarantee the accuracy and or completeness of this information. The information contained herewith should not be relied upon as being true and correct. You should make independent inquiries and seek your own independent advice.

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Property History for 5/3 Proud St, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$500,000
29 Jul 2023
  • 29 Jul 2023
    Sold for $500,000
  • 18 Jul 2023
    Listed for Sale Sold for $500,000
  • 24 Oct 1994
    Sold for $102,000
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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.
There are currently 76 properties listed for sale, and 33 properties listed for rent in Labrador on OnTheHouse. According to Cotality's data, 575 properties were sold in the past 12 months in Labrador.

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Cotality Copyright and Legal Disclaimers about Property Data

© 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.

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.

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