OFF MARKET

15/8 Varsityview Court
Sippy Downs QLD 4556

Bedrooms: 4
Bathrooms: 4
Car spaces: 1
Land area: 91m2
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Property Details for 15/8 Varsityview Ct, Sippy Downs

15/8 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 91m2. While the property is not currently for sale or for rent, it was last sold in October 2014.

Building Type
Unit
Year Built
2004
Land Size
91m2
Local Government
Sunshine Coast Regional
Lot/Plan
15/SP151744

Last Listing description (November 2014)

Amazing returns. Be the Cashflow King or Queen!
This one sure is an ?Investor special?, offering the astute investor a yield which is nudging 9%
Specialist accommodation of this kind remains heavily in demand, and with student intake numbers at the University of the Sunshine Coast expected to soar in the next few years, options like this are likely to be much sought-after in the future.

The ground-floor unit has consistently-strong occupancy and has been maintained to a very high standard ensuring it remains a popular choice for pre-qualified student tenants, who can not only enjoy the privacy of their own room, but also the pool, gym, tennis courts, BBQ?s, and picturesque walks and bikeways which run through the complex. On-site management are there to handle any day-to-day issues and provide peace of mind in helping make it a set-and-forget proposition.
It doesn?t take a degree to work out that this one is probably going to turn into a winner! The formula is simple: High returns + minimal outlay + consistent demand = A bumper investment opportunity!

Property History for 15/8 Varsityview Ct, Sippy Downs, QLD 4556

A timeline of how this property has performed in the market
Last Sold
$192,000
28 Oct 2014
  • 16 Feb 2021
    Sold for $232,000
  • 28 Oct 2014
    Sold for $192,000
  • 21 Sep 2014
    Listed for Sale $194,000
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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 4,864 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.
There are currently 24 properties listed for sale, and 8 properties listed for rent in Sippy downs on OnTheHouse. According to CoreLogic's data, 240 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.