Back 5/5 Proud Street
Off Market

5/5 Proud Street

Labrador QLD 4215

2
1
1
Unit
Phil ChillemiPhil Chillemi, last sold this property on 10 June 2025 after 8 days on market.

Overview

Entry Level First Home or Ideal Investment Opportunity!

This light and airy unit is perfectly situated in a highly sought-after location, just a short drive from the vibrant cafes, great restaurants, and stunning beaches of the Gold Coast, as well as the beautiful Broadwater. Whether you're looking for a solid investment, a low-maintenance lock-and-leave property, or your first home, this unit offers so much at an affordable price point. Labrador is quickly becoming one of the most desirable suburbs in the northern Gold Coast, and entry-level buying opportunities in this area are rare. Property Features: 2 bedrooms, 1 bathroom, and a single car space A short stroll to the Broadwater off Marine Parade Located in a boutique complex with only 13 units on a spacious 1621m² parcel of land Low body corporate fees A prime lifestyle investment opportunity The ideal lock-and-leave holiday home Minutes away from local schools, shops, and sporting fields Approximately 45 minutes to Brisbane and the Gold Coast International Airport Properties in this desirable location and price range don't stay on the market long, so don't miss this golden opportunity! Currently rented at $550 per week.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Labrador over the last 12 months, the estimated median property value of 5/5 Proud Street is $735k.

Median value
$735k
Estimated value range
$390k - $1.4m
Median days on market
31
Estimated value trend
18%
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 5/5 Proud Street

2025
Sold
Undisclosed
10 Jun 2025 by Phil Chillemi, of Evolve Sales and Management

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 units in Labrador

In the last 12 months, 43 two-bedroom units similar to 5/5 Proud Street, have been sold.

This represents a 9% increase in two-bedroom units sales when compared to the previous 12 months.

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