OFF MARKET

11/255 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 106m2
Land area: 620m2
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Property Details for 11/255 Varsity Pde, Varsity Lakes

11/255 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 620m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
2006
Floor Size
106m2
Land Size
620m2
Local Government
Gold Coast City
Lot/Plan
11/SP164872

Last Listing description (March 2022)

This spacious two bedroom apartment is situated on the ground floor with elevator access.. Neat, tidy and owner occupied offering vacant possession for its new owners. Boasting a generous balcony and its own private yard with direct access through your front gate to the walking and cycling tracks along Lake Orr.

Features:

2 spacious bedrooms

2 bathrooms
2 car accommodation
timber floors
storage cage
gourmet kitchen
stone bench top
stainless steel appliances
open plan living and dining
large balcony
private garden
internal laundry
resort style pool
gymnasium

The apartment is North facing and look onto the gardens of Bond University which is located directly across the road. Shopping and public transport is all within walking distance. Robina Town Centre and some of the Gold Coasts best beaches are all a short drive away. Inspections are by appointment and highly recommended.

Property History for 11/255 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$630,000
13 Nov 2021
Listed for Rent
$390/w
03 Nov 2010
  • 13 Nov 2021
    Sold for $630,000
  • 05 Nov 2021
    Listed for Sale Offers Above $599,000
  • 10 Jan 2020
    Sold for $417,000
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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 8,045 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, 423 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.