102/8 Varsityview Ct, Sippy Downs is a 4 bedroom, 4 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 93m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in April 2015.
Resort lifestyle within walking distance of Sunshine Coast University. This entry level investment opportunity offers a secure complex ticking all the boxes for the investor with a great rental return. Each unit is a fully self-contained and the furnished apartment has 4 lockable bedrooms incorporating its own ensuite. Each bedroom rents for $196.00p/w to $210.00p/w depending on the rental period of either half or full year tenancy. This property offers an excellent investment opportunity for the first time investor or for the family with son or daughter attending the Sunshine Coast University needing security accommodation while at the same time giving you the investor a handsome return as you rent the other 3 rooms.
The apartments have excellent onsite property management providing consistent reliable service protecting your property, while you relax and await the returns. This student style accommodation is in high demand from both local and overseas students wishing to live in a secure and relaxing environment right on the door step of the Sunshine Coast University.
Onsite Amenities
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:
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