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Sold on 29 Oct 2024 for $765,000

10/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Property Details for 10/251 Varsity Pde, Varsity Lakes

10/251 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Apartment sold in Varsity Lakes in the last 12 months.

Building Type
Apartment
Local Government
Gold Coast City
Lot/Plan
10/SP151075

Last Listing description (October 2024)

This waterfront apartment is beautifully presented with nothing left to do but move in and enjoy. Generous in size and enjoying water views over Lake Orr the apartment features 2 balconies and an open plan layout which is light and bright and ever so welcoming. Updated from original, this apartment is light and bright, overlooking Lake Orr.

The apartment comprises a central kitchen servicing the dining and lounge areas on either side, 2 balconies which allows the light and breeze to flow throughout and the bedrooms and bathrooms on either side of the apartment giving great separation.

Currently owner occupied and m,aintained beautifully. Positioned to enjoy all of what Varsity Lakes offers including prime location for fireworks displays, Symphony in the Park, entertainment and Varsity Eats festivals. Take your front row seats with this beauty.

Features:
2 bedrooms
2 bathrooms
2 car accommodation
Open plan living
Gourmet kitchen
Stone bench tops
Stainless steel appliance
Timber flooring
Dining room
Outdoor living
Water views
Resort style facilities
Storage cage
Air-conditioning

The resort style complex offers amazing facilities with a lagoon style pool and private beach. There is also a gym, steam room, plunge pool, spa, theatre room and library. Enjoy the abundance of walking and cycling tracks from your doorstep. The apartment is stylish and well finished, sure to impress.

Rental appraisal $780 - $820 per week
Rates $2,500.00 per year approximately.
Water rates $1,400.00 per year approximately.
Body Corporate fees $157 per week approximately

A prime location and walking distance to Varsity CBD and Bond University. Varsity Schools and Robina Town Centre are a short drive away. Varsity Train Station and some of the Gold Coasts best beaches are also close by. Inspections are highly recommended. This is a one story walk up apartment. There is no lift in this building.

Advertising Disclaimer: We have prepared this information to the best of our knowledge to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions or inaccuracies that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 10/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$765,000
29 Oct 2024
Listed for Rent
$490/w
28 Aug 2017
  • 29 Oct 2024
    Sold for $765,000
  • 26 Sep 2024
    Listed for Sale $799,000+
  • 09 Nov 2022
    Sold for $608,000
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About Varsity Lakes 4227

The size of Varsity Lakes is approximately 5.9 square kilometres. It has 23 parks covering nearly 10.6% of total area. The population of Varsity Lakes in 2011 was 14,365 people. By 2016 the population was 15,000 showing a population growth of 4.4% in the area during that time. The predominant age group in Varsity Lakes is 20-29 years. Households in Varsity Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Varsity Lakes work in a professional occupation. In 2011, 51.9% of the homes in Varsity Lakes were owner-occupied compared with 51.3% in 2016.

Varsity Lakes has 8,048 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 83.43% increase in median value, while Units have seen a 78.54% increase. As at 31 October 2024:

  • The median value for Houses in Varsity Lakes is $1,169,868 while the median value for Units is $779,938.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 36 properties listed for sale, and 27 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 424 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

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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.