11/145 Central Street, Labrador QLD 4215
11/145 Central Street, Labrador QLD 4215
2-bedroom 1996 townhouse | 2 parking spaces | strata complex | sold 2023 for $561,000 | no individual land title
This townhouse sits within a well-established strata complex, a configuration that is competitively strong for Labrador. The 2-bedroom, 1-bathroom layout with 2 parking spaces is rare in the suburb’s older unit stock, where single parking is more common. The 1996 build year places it in a durable brick-and-concrete era, avoiding the maintenance concerns of much older housing while offering more private outdoor space than newer apartment product. This property is best suited to first-home buyers seeking a lower entry point than detached houses, investors targeting steady rental demand from small households, or downsizers wanting low-maintenance living with car accommodation. The location within a mixed residential suburb provides access to Gold Coast services and transit routes, though the immediate streetscape character is established low-rise residential.
Several factors may materially affect the value of this townhouse. The strata arrangement means owners share responsibility for common area upkeep and any special levies, which should be reviewed carefully. The property’s position within the complex and its aspect are not confirmed, but these can influence natural light and privacy. The individual exclusive land size is not defined, which limits land-value appreciation compared to a detached house. A flood overlay was detected on a nearby comparable property, so parcel-specific confirmation is needed to understand any flood-related planning sensitivity. The older build fabric may have variable renovation quality, and any upgrades to kitchen, bathroom, or flooring should be assessed during inspection.
Detailed Independent Property Report prepared by PropCred Analyst team for 11/145 Central Street, Labrador QLD 4215
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Labrador presents as a high-demand suburb anchored by strong capital growth, attracting investors seeking both robust price appreciation and solid rental returns. Demand is driven by exceptional annual growth across both houses and units, with a notably fast-moving market. This momentum is supported by its connectivity to broader Gold Coast infrastructure. Key constraints include affordability pressures from elevated median prices and a competitive sales environment indicating tight supply, which may temper accessibility for some buyers.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
2
Land
1.09 acres
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