68/7-15 Varsityview CourtSippy Downs QLD 4556
Property Details for 68/7-15 Varsityview Ct, Sippy Downs
68/7-15 Varsityview Ct, Sippy Downs is a 4 bedroom, 4 bathroom Unit and was built in 2002. The property has a land size of 105m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (November 2023)
Situated within the highly sought-after 'Uni-Central' university accommodation complex, this exceptional apartment stands as an unparalleled opportunity for maximizing returns in South East QLD. With a thoughtfully designed 4-bedroom, 4-bathroom layout, each bedroom is individually leased to optimize rental income, making it an effortless and lucrative investment opportunity.
- Unbelievable current gross rental return of over $840 per week
- Fully occupied by 4 responsible student tenants
- Covered balcony area for seamless indoor-outdoor living
- Secure access complex with complete gated protection and dedicated parking space
- Round-the-clock on-site management team for hassle-free ownership
- Exceptional complex amenities including 2 pools, tennis court, gym, and more
- Conveniently central location, within walking distance to the University, transport, shops, and cafes
- Less than 15 minutes' drive to pristine beaches and major shopping centers
- Highly sought-after complex in a rapidly developing area with zero current vacancies
Property History for 68/7-15 Varsityview Ct, Sippy Downs, QLD 4556
- 26 Sep 2023Sold for $418,000
- 30 Jun 2023Listed for Sale Not Disclosed
- 26 Apr 2019Sold for $261,000
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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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