7/198 Marine Parade, Labrador, QLD 4215 | Property Value & History | OnTheHouse
OFF MARKET

7/198 Marine Parade
Labrador QLD 4215

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 124m2
Land area: 411m2
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Property Details for 7/198 Marine Pde, Labrador

7/198 Marine Pde, Labrador is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1979. The property has a land size of 411m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in January 2018.

Building Type
Unit
Year Built
1979
Floor Size
124m2
Land Size
411m2
Local Government
Gold Coast City
Lot/Plan
7/BUP3190

Last Listing description (February 2018)

The Golden Mile on Marine Parade, Labrador has been a favourite spot for investors and homeowners for many years. The views and walking tracks next to the Broadwater promote a healthy lifestyle.
Walk to local Caf s, Restaurants, Charis Seafood, The Grand Hotel and only minutes from the trendy Chirn Park Shopping Village and Southport. A short 10 min drive will have you at the University Hospital and Commonwealth Games Village.
This fully renovated apartment is going to Auction on the 27th of January, however the owners are open to selling prior to Auction and possibly fully furnished.

This beach side apartment underwent a full renovation last year including new bathrooms, a new kitchen, new tiles, new lighting, and new carpet along with being freshly painted. This is a one of a kind property for this apartment block.
The 14ft cathedral ceilings in the living room are a unique feature of this open-plan apartment. Giving you a feeling of being in a sky home, allowing more natural light and capturing the cool Broadwater breezes. The living room also features a black designer pendant light and ceiling fan.
The kitchen flows with the spacious living area and features new Fisher and Paykel appliances, quartz stone bench tops, lacquer cabinets and Lappato & Durastone 600 x 600 tiles.
- The entrance to this unit is exclusive to the 3 front units facing the Broadwater
- 2 large bedrooms,
- 2 new bathrooms with Fienza bathware, tapware and a free standing bath
- Master bedroom with walk in robe and ensuite
- Second bedroom - very spacious with built in closets for ample storage
- Ceiling fans in all bedrooms
- All new Kitchen with new appliances
- Remote entry garage with storage room- bike and paddle board racks fitted
- CCTV Security and intercom
- Pet friendly building
- Can be purchased fully furnished
- Body corporate approx. $41 per week- this includes building insurance

Investors:
The Golden Mile has been a blue chip location for over 2 decades. This unit has unique features compared with other properties and would be a great long term rental with low body corporate.

Rental appraisal
Between $450- $500 per week.
Interstate buyers:
I am happy to FaceTime or Skype you through the apartment and complex

Property History for 7/198 Marine Pde, Labrador, QLD 4215

A timeline of how this property has performed in the market
Last Sold
$541,000
06 Jan 2018
  • 06 Jan 2018
    Sold for $541,000
  • 05 Jan 2018
    Listed for Sale Auction
  • 14 Feb 2014
    Sold for $432,000
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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 12,078 properties. Over the last 5 years, Houses in Labrador have seen a 89.42% increase in median value, while Units have seen a 119.69% increase. As at 31 May 2026:

  • The median value for Houses in Labrador is $1,260,657 while the median value for Units is $873,134.
  • Houses have a median rent of $773 while Units have a median rent of $715.
There are currently 119 properties listed for sale, and 20 properties listed for rent in Labrador on OnTheHouse. According to Cotality's data, 550 properties were sold in the past 12 months in Labrador.

Suburb Insights for Labrador 4215

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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.