OFF MARKET

4-20 Varsityview Court
Sippy Downs QLD 4556

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 11799m2
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Property Details for 4-20 Varsityview Ct, Sippy Downs

4-20 Varsityview Ct, Sippy Downs is a 1 bedroom, 1 bathroom Unit. The property has a land size of 11799m2.

Building Type
Unit
Land Size
11799m2
Local Government
Sunshine Coast Regional
Lot/Plan
34/SP146377

Last Listing description (November 2024)

UNDER CONTRACT
"Living to Learning in 5 minutes"
Fully managed with outstanding returns, this apartment is situated in the highly popular Varsity Apartments complex, a purpose built Student Accommodation geared up for the ever increasing student demand, 5 minutes from the University of the Sunshine Coast, a member of the National Property Accreditation Scheme of the Student Accommodation Association.

This fully furnished apartment has 4 double bedrooms with private en suite facilities with 4 individual leases in place.
A large fully equipped communal kitchen and lounge areas, balcony and patio.
The complex includes a lap pool and lagoon pool, gym, tennis court, beach volley ball court, 3 BBQ areas and large rec room.
The on-site management team ensures 24 hour security for your investment property.

Current gross rental of $868 per week with 4 leases and with 2023 bookings in place.
Body Corporate Fees $8,086 pa including electricity and standard water charges
Council Rates approx $2,295 pa(Listing ID: 21071702 )

Property History for 4-20 Varsityview Ct, Sippy Downs, QLD 4556

A timeline of how this property has performed in the market
Listed for Rent
$210/w
02 Oct 2024
  • 15 Jul 2024
    Listed for Rent $210 / week
  • 17 May 2024
    Listed for Rent $220 / week
  • 13 Mar 2024
    Listed for Rent $220 / week
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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.