Back 7/5 Proud Street
Off Market

7/5 Proud Street

Labrador QLD 4215

2
1
1
0 m²
Apartment
Last sold for $340,000
 Donna Gordana Gudalovic Donna Gordana Gudalovic, last sold this property on 24 March 2022 after 65 days on market.

Overview

Investment oppportunity on the Broadwater!

Situated in a quiet and popular part of Labrador - Enjoy being a short walk away from the Broadwater, Local Shops and Restaurants, Public Transport, Gold Coast University Hospital and more. This partially renovated, low maintenance Villa was built in 1975 and is part of a small block of 13. Ideal for first home buyers and Investors, with excellent rental return of $450.00 per week makes this property a sold investment. Property Highlights: - North facing position - 2 good-sized bedrooms - Open plan living area and updated kitchen - Central updated bathroom with shower over bath - Tiled throughout living, carpeted bedrooms - 1 car space Additional Property Information: - Body Corporate: Approx $49 per week - Council Rates: Approx $2,035 per year - Water Rates: Approx $1,200 per year - Weekly Rental: Approx $450 per week - Medium density zoning

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
0 m² floor area
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 7/5 Proud Street is $796k.

Median value
$796k
Estimated value range
$566k - $1.45m
Median days on market
31
Estimated value trend
14%
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 7/5 Proud Street

2022
Sold
$340,000
Private Sale/Treaty on 24 Mar 2022 by Donna Gordana Gudalovic, of RE/MAX Experience

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 122 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 7/5 Proud Street, have been sold.

This represents a 4% increase in two-bedroom apartments sales when compared to the previous 12 months.

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