OFF MARKET

65/7-15 Varsityview Court
Sippy Downs QLD 4556

Bedrooms: 4
Bathrooms: 4
Car spaces: 1
Land area: 99m2
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Property Details for 65/7-15 Varsityview Ct, Sippy Downs

65/7-15 Varsityview Ct, Sippy Downs is a 4 bedroom, 4 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 99m2. While the property is not currently for sale or for rent, it was last sold in February 2007.

Building Type
Unit
Year Built
2003
Land Size
99m2
Local Government
Sunshine Coast Regional
Lot/Plan
65/SP149948

Last Listing description (October 2018)

Rare as hens teeth! Very attractive rental yield on this fantastic student accommodation at Uni central on the Sunshine Coast QLD
Affordable student accommodation with loads of benefits for the students and the investor. This is a 4 bedroom, 4 en-suited property. 99sqmts and fully furnished, with a shared living, dining and kitchen space. This particular unit is in a fantastic quiet end position surrounded by trees and bushland. It is also very desirable being on ground floor with a private paved courtyard as well.
Why so popular with students?

Direct access with short walk to the university.
Fabulous amenities, with a 6 lane pool and ent. spaces
Games/common room, tennis, basketball, bbq areas
Gated community with secure covered parking.
24/7 on site management with grounds/landscape care.
Great student/community lifestyle for students.
Terrific and affordable with internet, electricity all included

Why so popular with investors?
High and consistent occupancy rates
Professional on site management,.
Future capital growth assured.
Lease terms are either 44 or 50 weeks
Gross income well over $30,000p/a
Financial yr 16/17 nett income $18,700

Furnishings included
- Double beds x 4
- Large student desks/chair
- Storage/?wash/?mach/?fridge/?tv/?mwave
- Private en-suite bathroom
- Ceiling fans throughout
- High speed broadband Internet connection
- Fully furnished living room with lounge and dining suites
- Fully equipped kitchen/laundry
-1 covered car space
Act quickly, as there are never many available for sale. They dont come up very often but when they do, they are snapped up, with many investors now purchasing 2nd and third units.
Owner requires cash contract only.
Call me for your incredible opportunity to purchase today! and Inspection is by appointment only.

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Property History for 65/7-15 Varsityview Ct, Sippy Downs, QLD 4556

A timeline of how this property has performed in the market
Last Sold
$183,000
23 Feb 2007
  • 25 Jun 2017
    Listed for Sale $360,000
  • 23 Feb 2007
    Sold for $183,000
  • 04 Aug 2004
    Sold for $250,000
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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.

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