118/1-7 Moores CrescentVarsity Lakes QLD 4227
Property Details for 118/1-7 Moores Cres, Varsity Lakes
118/1-7 Moores Cres, Varsity Lakes is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 85m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Last Listing description (July 2022)
Located in the heart of Varsity Lakes which is just a mere stroll from Bond University and a short 5 min drive to Robina Town Centre.
This property is spacious in setting (approx 100 m2) and sit's in the best position overlooking Lake.
Whether you 're an investor or looking for a place to live, this apartment is sure to tick all the boxes!
- A spacious living area with TV
- Outdoor Clothes LIne
- a relaxing oversize private balcony
- Air-Conditioned
- Well equipped kitchen included dish-washer , fridge, micro-wave, conventional oven, cook-top and extract-fan and the kitchen effortlessly flows to the lounge room
- Bedroom has king-bed configuration
- The spacious bathroom includes built-in launderette with a washing machine and tumble dryer
Recreational facilities include:
- Resort Pool on the roof top and Sun deck for relaxing on a hot summer days
- Fitness room with a wonderful view and modern equipment
Currently tenanted to 22 May 2022
The rental appraisal $510 per week
Outgoings
Rates approx. $1018 (6 monthly)
Water approx. $613.00 (6 monthly)
Body Corp Levies inclusive building insurance approx $120 per week
Property History for 118/1-7 Moores Cres, Varsity Lakes, QLD 4227
- 20 May 2022Sold for $400,000
- 12 Apr 2022Listed for Sale $400,000
- 09 May 2020Listed for Sale Offers over $280,000
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0About 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 8,090 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 84.80% increase in median value, while Units have seen a 82.05% increase. As at 31 January 2025:
- The median value for Houses in Varsity Lakes is $1,204,059 while the median value for Units is $806,249.
- Houses have a median rent of $850 while Units have a median rent of $750.
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