OFF MARKET

111/8 Varsityview Court
Sippy Downs QLD 4556

Bedrooms: 4
Bathrooms: 4
Car spaces: 4
Land area: 91m2
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Property Details for 111/8 Varsityview Ct, Sippy Downs

111/8 Varsityview Ct, Sippy Downs is a 4 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1995. 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 2005.

Building Type
Unit
Year Built
1995
Land Size
91m2
Local Government
Sunshine Coast Regional
Lot/Plan
111/SP151749

Last Listing description (June 2011)

Investment property in a growing niche market
Investors need to consider Varsity Apartments, featuring a strong track record of consistent rental returns that is buoyed by a growing niche market. The fully furnished residence offers 4 well appointed bedrooms; each lockable with its own ensuite that helps create an easy to live, private environment for university students. Immaculate in condition and fully leased for the majority of the calendar year it provides you a safe and secure investment. Varsity Apartments are managed by onsite managers within a gated complex that features resort style facilities including pools, gym, tennis court, recreation hall and multiple BBQ areas. The complex is located just a stroll from the University of the Sunshine Coast, within easy access for students. The interstate owners have made the decision to sell and require an urgent sale. Please email us today to receive a copy of the financials to fully understand the investment opportunity on offer today.
*The Sustainability Declaration can be obtained by contacting the agent. See contact details on this page.

Property History for 111/8 Varsityview Ct, Sippy Downs, QLD 4556

A timeline of how this property has performed in the market
Last Sold
$207,500
13 Apr 2005
  • 26 Dec 2010
    Listed for Sale $209,000
  • 13 Apr 2005
    Sold for $207,500

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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.

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