OFF MARKET

103/8 Varsityview Court
Sippy Downs QLD 4556

Bedrooms: 4
Bathrooms: 4
Car spaces: 4
Land area: 91m2
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Property Details for 103/8 Varsityview Ct, Sippy Downs

103/8 Varsityview Ct, Sippy Downs is a 4 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 2004. The property has a land size of 91m2. While the property is not currently for sale or for rent, it was last sold in April 2016.

Building Type
Unit
Year Built
2004
Land Size
91m2
Local Government
Sunshine Coast Regional
Lot/Plan
103/SP151749

Last Listing description (April 2016)

THIS WOULD HAVE TO BE ONE OF THE BEST TURN-KEY INVESTMENT OPPORTUNITIES CURRENTLY FOR SALE, ON THE SUNSHINE COAST. WITH A HUGE RENTAL YIELD AND ONLY A VERY SMALL ENTRY LEVEL PRICE TAG, YOU WILL GO BONKERS OVER THE EXACT NUMBERS! THE VARSITY COMPLEX OFFERS SEVERAL COMMUNAL AMMENITIES INCLUDING A HUGE BASKETBALL/TENNIS COURT, BEACH VOLLEYBALL COURT, LARGE COMMON ROOM, TWO SEPERATE POOLS AND SCATTERED LAUNDROMAT BUILDINGS. EXCITING FEATURES: - POWERFUL R.O.I - RESIDENTIAL MANAGERS ONSITE - SECURITY TEAM ONSITE - LANDSCAPE/GROUNDSMEN ONSITE - QUICK AND EASY WALKING ACCESS TO THE SUNSHINE COAST UNIVERSITY VIA FOOT PATHWAY - GATED COMPLEX - UNDERCOVER CAR PARK IN COMPLEX + ON STREET PARKING THE CURRENT LEASE AGREEMENTS ARE AS FOLLOWS: ROOM A: LEASED TILL 09/01/2017 - $196.00/WEEK ROOM B: LEASED TILL 09/01/2017 - $196.00/WEEK ROOM C: LEASED TILL 04/07/2016 - $210.00/WEEK ROOM D: LEASED TILL 05/06/2016 - $210.00/WEEK = $812.00 TOTAL WEEKLY RENT* THIS PROPERTY IS SET TO SELL AND THE OWNERS INSTRUCTIONS ARE TO MOVE THIS PROPERTY ON. SHOULD YOU BE SEEKING A HIGH CASH FLOW ASSET THAT WILL PAY FOR ITSELF, THAN THIS ONE IS WORTH YOUR INTEREST. PLEASE NOTE: SHOULD YOU REQUIRE FINANCE FROM A LENDER, THEY DO REQUIRE A 30% - 40% CASH DEPOSIT THIS PROPERTY IS BEING SOLD BY AUCTION OR WITHOUT A PRICE AND THEREFORE A PRICE GUIDE CANNOT BE PROVIDED. THE WEBSITE MAY HAVE FILTERED THE PROPERTY INTO A PRICE BRACKET FOR WEBSITE FUNCTIONALITY PURPOSES.

Property History for 103/8 Varsityview Ct, Sippy Downs, QLD 4556

A timeline of how this property has performed in the market
Last Sold
$235,000
05 Apr 2016
  • 05 Apr 2016
    Sold for $235,000
  • 01 Apr 2016
    Listed for Sale Not Disclosed
  • 28 Jul 2004
    Sold for $217,500

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About 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 4,865 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.
There are currently 25 properties listed for sale, and 7 properties listed for rent in Sippy downs on OnTheHouse. According to CoreLogic's data, 242 properties were sold in the past 12 months in Sippy downs.

Suburb Insights for Sippy Downs 4556

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.