85/4-20 Varsityview CourtSippy Downs QLD 4556
Property Details for 85/4-20 Varsityview Ct, Sippy Downs
85/4-20 Varsityview Ct, Sippy Downs is a 4 bedroom, 4 bathroom Unit.
Last Listing description (February 2022)
This purpose built, student apartment, provides the perfect investment vehicle for those looking for a viable, low maintenance investment property. All units inside Varsity Apartments are individually owned by investors and managed by an onsite husband and wife team. They take care of all unit letting, marketing, security and maintenance of the units including the grounds. This unit comes completely furnished and consists of 4 bedrooms, which are individually let and fitted with a double bed, large desk, chair, bedside table, chest of drawers and each have their own private ensuite including a shower/vanity and W/C. Resident students share the lounge /dining room, and fully appointed kitchen with fridge, oven, hotplate and microwave. The unit also comes with a balcony area for the students to enjoy.
The resort style complex offers an array of facilities including a tennis/basketball court, an inviting 25 metre lap pool, a rec room complete with pool table, a central BBQ and entertaining area, a large common laundry along with several vending machines.
These apartments are in high demand due to their position and solid returns.
Contact Gordon McPherson for further details 0466 374 451.
Property History for 85/4-20 Varsityview Ct, Sippy Downs, QLD 4556
- 15 Nov 2019Listed for Sale RECENT SALES
- 11 Aug 2016Listed for Sale $244,000
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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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