13/8 Varsityview CourtSippy Downs QLD 4556
Property Details for 13/8 Varsityview Ct, Sippy Downs
13/8 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 92m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in August 2022.
Last Listing description (September 2022)
This amazing apartment is well positioned within the very popular 'Varsity' university accommodation complex and represents one of the highest cash flow investment properties available anywhere in South East QLD. Boasting a 4 bedroom 4 bathroom layout, each bedroom is leased individually to maximise rental return, this is a true 'set and forget' income opportunity that can't be beaten.
- An astonishing current gross rental return of $840 per week
- Fully leased with 4 rent-paying student tenants in occupation
- Fully gated secure access complex, with single dedicated car space
- Full-service on-site management team, available 24 hours a day
- Incredible complex facilities including 2 pools, tennis court, gym and more
- 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 fees Admin fund approx. $1856 p/q, Sinking fund approx. $152p/q
- Water usage and electricity all included, Council rates approx. $2295 PA
- High-demand complex in a high-growth location, currently at zero vacancies.
*Photographs are for illustrative purposes only*
Property History for 13/8 Varsityview Ct, Sippy Downs, QLD 4556
- 25 Aug 2022Sold for $370,000
- 20 Jul 2022Listed for Sale $380,000 - $400,000
- 26 Feb 2015Sold for $203,000
Commute Calculator
Recent sales nearby
See more recent sales nearby
0
/assets/perm/ayp3f6hjrui6nd5r6f6wt5fq3y?signature=b16207284bc21f5871ea9c74be7010996144e902392cb5205c0e098570d2d2f5){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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 4,866 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.
Suburb Insights for Sippy Downs 4556
Market Insights
Sippy Downs Trends for Houses
N/A
N/A
View TrendN/A
N/A
Sippy Downs Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
