30/7-15 Varsityview CourtSippy Downs QLD 4556
Property Details for 30/7-15 Varsityview Ct, Sippy Downs
30/7-15 Varsityview Ct, Sippy Downs is a 4 bedroom, 4 bathroom Unit with 1 parking spaces and was built in 1999. The property has a land size of 103m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in October 2016.
Last Listing description (November 2016)
This cash cow, investment powerhouse awaits your entrepreneurial urge, offering a very attractive rental yield of 11% net cash flow.
This particular unit offers four separately leased rooms, each with its own ensuite, built in robe and desk for students convenience. It is also on the very top, third level in this building and faces north, overlooking the lake and Sunshine Coast University
The Uni Central complex offers affordable accommodation to our local & out of town University students. It also offers loads of extra benefits including a 25 meter lap pool, tennis court, basketball court, large indoor common area and several communal BBQ's.
- 11% Net R.O.I
- 24/7 Management Onsite
- Full Time Gardeners & On Site Care Takers
- Quick & Easy Walking Access To The Sunshine Coast University
- Undercover Car Park In Complex + On Street Parking
- Gated Complex
The current lease agreements are as follows:
30a Rented till 11/12/16 $210
30b Rented till 11/12/16 $210
30c Rented till 09/01/17 $196
30d Rented till 11/12/16 $196
= $812.00 Total Weekly income
This is one of the best Unit s you could possibly purchase in Varsityview Court. With the northerly, lakefront aspect and on the third level in it s building, it is attractive to all students who wish to rent a room in the area, having no problems in finding a tenant.
*Please note: Should you require finance from a lender, they do require a 30% cash deposit
Property History for 30/7-15 Varsityview Ct, Sippy Downs, QLD 4556
- 15 Oct 2016Sold for $265,000
- 10 Oct 2016Listed for Sale $265,000
- 10 Aug 2004Sold for $230,000
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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.
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