OFF MARKET

62/7-15 Varsityview Court
Sippy Downs QLD 4556

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 69m2
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Property Details for 62/7-15 Varsityview Ct, Sippy Downs

62/7-15 Varsityview Ct, Sippy Downs is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 69m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in April 2018.

Building Type
Unit
Year Built
2003
Floor Size
61m2
Land Size
69m2
Local Government
Sunshine Coast Regional
Lot/Plan
62/SP149948

Last Listing description (April 2018)

Located in the highly sought-after 'Uni Central' complex, its easy to see why this unit is a money-making machine offering up to a whopping 7.8% net return on your investment - it makes dollars and complete sense to add this property to your exclusive investment portfolio.
This particular unit is very unique as it's one of the only unit's that are disabled friendly in the entire complex, making the occupancy much higher than normal. Unit 62 is located on the ground floor and has it's own exclusive courtyard. It also offers two separately leased rooms, each with its own built-in robe and desk for students convenience.
The 'Uni Central' complex offers affordable accommodation to our local and out of town University students. Tenants of all sorts are also welcome & able to occupy these units, not just students. It also offers loads of extra benefits including a twenty-five meter lap pool, tennis court, basketball court, large indoor common area and several communal BBQ's.

Important property features:
- Room 1: Leased until 02/07/2018 at $210 p/week
- Room 2: Leased until 02/07/2018 at $210 p/week
- Potential 7.8% net R.O.I
- Management on-site
- Full time gardeners & on-site care takers
- Quick & easy walking access to the Sunshine Coast University
- Undercover car park in the complex + on-street parking
- Gated, North facing complex overlooking the lake & University
- Ground floor apartment, with exclusive courtyard
Uni Central units like this one, sell very quickly! Call today, book your inspection and ask for an information memorandum to further understand why these units are the perfect addition to your portfolio.
***Please note: Should you require finance from a lender, you will need a 40% deposit in either cash or property equity.

Property History for 62/7-15 Varsityview Ct, Sippy Downs, QLD 4556

A timeline of how this property has performed in the market
Last Sold
$135,000
05 Apr 2018
  • 05 Apr 2018
    Sold for $135,000
  • 13 Nov 2017
    Listed for Sale Not Disclosed
  • 14 Oct 2016
    Sold for $160,000
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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 4,865 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 23 properties listed for sale, and 7 properties listed for rent in Sippy downs on OnTheHouse. According to CoreLogic's data, 241 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.