SOLD
RECENT ADVICE
Sold on 12 Oct 2023 for $380,000

54/8 Varsityview Court
Sippy Downs QLD 4556

Bedrooms: 4
Bathrooms: 4
Car spaces: 1
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Property Details for 54/8 Varsityview Ct, Sippy Downs

54/8 Varsityview Ct, Sippy Downs is a 4 bedroom, 4 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 4 bedroom Unit sold in Sippy Downs in the last 12 months.

Building Type
Unit
Local Government
Sunshine Coast Regional
Lot/Plan
54/SP146377

Last Listing description (October 2023)

Calling all savvy investors, if you are looking for a centrally located unit in a secure complex, with 100% occupancy, unparalleled resort style facilities, great on-site management, body corporate levies covering fixed rate water charges and electricity usage and want to sit back, relax and watch the money roll in ....... now that's music to any investors ears!

Located in the acclaimed 'Varsity Apartments', this consistent high yielding investment forms part of a purpose built, gated complex of 128 units for students attending the University of the Sunshine Coast. With on-site management and security, this ground floor unit is fully furnished and features 4 bedrooms with ensuite bathrooms and fitted wardrobes, full size modern kitchen, living and dining area with outdoor courtyard overlooking the lap pool, with a fully equipped gym, bathrooms, laundry and vending machines beyond. There is also a tennis and basketball court, beach volleyball, resort style pool with sun lounges, games room, BBQ facilities, bicycle storage and single car space in the secure car park.

Within walking distance of everything that Sippy Downs has to offer including the Coles shopping precinct with all its cafes and eateries, the newly opened Bower Tree community club, Chancellor Village Shopping Centre and much loved Tavern or just a 10km bus ride to any of the stunning patrolled beaches and vibrant nightlife in Mooloolaba, Alexandra Headland or Maroochydore.

But don't delay and call today to take over the reins of this fully furnished investment.

Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.

Fully furnished ground floor student unit
100% occupancy with waiting list
Current leases returning $812 per week
Body Corporate Fees $8,918.91 per annum
On-site management and overnight security
Lap pool, gym, resort pool and games room
Tennis and basketball court and beach volleyball
Walk to University, shops and bus stop
10 km bus ride to Mooloolaba Beach

Property History for 54/8 Varsityview Ct, Sippy Downs, QLD 4556

A timeline of how this property has performed in the market
Last Sold
$380,000
12 Oct 2023
  • 12 Oct 2023
    Sold for $380,000
  • 01 Sep 2023
    Listed for Sale $380,000
  • 05 May 2022
    Sold for $390,000
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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 4,908 properties. Over the last 5 years, Houses in Sippy Downs have seen a 76.64% increase in median value, while Units have seen a 95.51% increase. As at 31 August 2024:

  • The median value for Houses in Sippy Downs is $938,945 while the median value for Units is $561,245.
  • Houses have a median rent of $680 while Units have a median rent of $237.
There are currently 40 properties listed for sale, and 11 properties listed for rent in Sippy downs on OnTheHouse. According to CoreLogic's data, 243 properties were sold in the past 12 months in Sippy downs.

Suburb Insights for Sippy Downs 4556

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Contact agent
Tarin D'Este-Holmes
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Coronis Sunshine Coast
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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.