Back 40/51 Olsen Avenue
Off Market

40/51 Olsen Avenue

Labrador QLD 4215

2
1
2
236 m²
Villa
Last sold for $740,000
Olcay BayarOlcay Bayar, last sold this property on 20 July 2026 after -46 days on market.

Overview

Easy Single-Level Living in the Heart of Labrador

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, cafés, 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, cafés, 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.

Features

2 bedrooms
1 bathroom
2 carspaces
236 m² lot size
Villa

Estimated Value

Based on this property and similar 2 bedroom villas sold in Labrador over the last 12 months, the estimated median property value of 40/51 Olsen Avenue is $756.56k.

Median value
$756.56k
Estimated value range
$680k - $790k
Median days on market
26
Estimated value trend
36%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Labrador. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 40/51 Olsen Avenue

2026
Sold
$740,000
Private Sale/Treaty on 20 Jul 2026 by Olcay Bayar, of Coronis Southport
2025
Rented
Undisclosed
Leased on 27 Jul 2025 by Macwell Property Management
2024
Rented
Undisclosed
Leased on 17 Jul 2024 by Macwell Property Management

Happy sellers in Labrador

92%
92% of sellers in Labrador reported that their sale price either exceeded or met their price expectations.

Labrador stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 98 reviews in Labrador over the last 12 months.

Local market activity for 2 bedroom villas in Labrador

In the last 12 months, 6 two-bedroom villas similar to 40/51 Olsen Avenue, have been sold.

This represents a 13% increase in two-bedroom villas sales when compared to the previous 12 months.

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