Back 40/71 Olsen Ave
Off Market

40/71 Olsen Ave

Labrador QLD 4215

2
1
1
Apartment
Ingrid MillerIngrid Miller, last sold this property on 22 January 2026 after 45 days on market.

Overview

Renovator's Delight in a Prime Labrador Location

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:

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Labrador over the last 12 months, the estimated median property value of 40/71 Olsen Ave is $795.5k.

Median value
$795.5k
Estimated value range
$566k - $1.45m
Median days on market
30
Estimated value trend
13%
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 40/71 Olsen Ave

2026
Sold
Undisclosed
Private Sale/Treaty on 22 Jan 2026 by Ingrid Miller, of Ray White Benowa
2025
Rented
Undisclosed
Leased on 10 Jul 2025 by LJ Hooker Broadwater
2018
Rented
Undisclosed
Leased on 04 Jun 2018 by LJ Hooker Broadwater

Happy sellers in Labrador

93%
93% 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 120 reviews in Labrador over the last 12 months.

Local market activity for 2 bedroom apartments in Labrador

In the last 12 months, 97 two-bedroom apartments similar to 40/71 Olsen Ave, have been sold.

This represents a 5% increase in two-bedroom apartments sales when compared to the previous 12 months.

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