OFF MARKET

101/29-49 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 87m2
Land area: 100m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 101/29-49 Varsity Pde, Varsity Lakes

101/29-49 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2013. The property has a land size of 100m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Year Built
2013
Floor Size
87m2
Land Size
100m2
Local Government
Gold Coast City
Lot/Plan
101/SP246287

Last Listing description (October 2020)

This is a fantastic apartment in one of the fastest growing regions on the Gold Coast. It is also centrally located and surrounded with fantastic facilities. It is in close proximity to the fantastic Robina Town Centre shopping metropolis, Bond University, a short stroll to Aldi and plenty of public transport.

This apartment boasts two generous sized bedrooms with a great sized walk in robe and ensuite of the main. In addition to the above it also has the following features:

- Located on the beautiful Lake Orr which teams with watersports such as Rowing and Sailing.
- Quality appliances throughout
- Air-conditioning
- Ceiling fans
- Large 20-meter lap pool
- BBQ and Games room
- Gym
- Private Backyard
- Secured gated complex
- Two undercover car spaces

The apartment has the added benefit of being approved for the Government NRAS scheme and the NRAS contract is still valid for 6 more years. The NRAS scheme provides subsidised rent to tenants while the owner receives market rates for rent, great for investors, NRAS properties are in very high demand in Varsity Lakes with an average of 30 applicants each time an apartment becomes available.

Please don't be the one to miss out on this fantastic opportunity. Give me a call any time to arrange a private viewing.

Information contained on any marketing material, website or other portal should not be relied upon and you should make your own enquiries and seek your own independent advice with respect to any property advertised or the information about the property.

Property History for 101/29-49 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$625,000
21 Jun 2022
Listed for Rent
$354/w
26 Jul 2017
  • 21 Jun 2022
    Sold for $625,000
  • 24 Oct 2019
    Listed for Sale Offers Over $379,000
  • 05 Apr 2019
    Sold for $370,000
Sign in to see more transactions

Commute Calculator

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 8,045 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 33 properties listed for sale, and 26 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 425 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

Market Insights
Varsity Lakes Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Varsity Lakes Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.