100/8 Varsityview CourtSippy Downs QLD 4556
Property Details for 100/8 Varsityview Ct, Sippy Downs
100/8 Varsityview Ct, Sippy Downs is a 4 bedroom, 4 bathroom Townhouse and was built in 2004. The property has a land size of 91m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 4 bedroom Townhouse sold in Sippy Downs in the last 12 months.
Last Listing description (March 2024)
This superb apartment is ideally positioned within the sought after 'Varsity' university accommodation complex and presents one of the highest cash flow investment properties available anywhere in South East QLD today. Boasting a unique 4 bedroom 4 bathroom layout, each bedroom is leased individually to maximise rental return, this is a true 'set and forget' high income opportunity that can't be beaten.
- Tenants paying an astonishing current gross rent of $924 per week
- Fully leased with 4 rent-paying student tenants in occupation
- Open plan living/dining with air-conditioning plus covered balcony area
- Fully Furnished, including beds, desks, lounges, stools and outdoor setting
- Quiet and private corner complex location with private leafy aspect
- Gated secure access complex, with single dedicated car space
- Incredible complex facilities including 2 pools, tennis court, gym and more
- 24 hour onsite tenant management, security and maintenance staff
- Central location, easy walk to the University, transport, shops, and cafes
- Less than 15 minutes drive to pristine beaches and major shopping centres
- Approx. Strata levies; - Admin fund $2303p/q, - Sinking fund $193p/q
- Water usage and electricity all included, Council rates approx. $1268 p/half
- High-demand complex, often at zero vacancy with tenant waiting list
Property History for 100/8 Varsityview Ct, Sippy Downs, QLD 4556
- 15 Feb 2024Sold for $419,000
- 22 Jan 2024Listed for Sale Under Offer
- 29 Jun 2009Sold for $195,000
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0About Sippy Downs 4556
The size of Sippy Downs is approximately 14.5 square kilometres. It has 20 parks covering nearly 57.6% of total area. The population of Sippy Downs in 2011 was 9,088 people. By 2016 the population was 10,281 showing a population growth of 13.1% in the area during that time. The predominant age group in Sippy Downs is 10-19 years. Households in Sippy Downs are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sippy Downs work in a professional occupation. In 2011, 54.7% of the homes in Sippy Downs were owner-occupied compared with 52.4% in 2016.
Sippy Downs has 4,864 properties. Over the last 5 years, Houses in Sippy Downs have seen a 69.86% increase in median value, while Units have seen a 76.95% increase. As at 31 October 2024:
- The median value for Houses in Sippy Downs is $898,708 while the median value for Units is $562,553.
- Houses have a median rent of $680 while Units have a median rent of $535.
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