OFF MARKET

121/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 103m2
Land area: 2849m2
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Property Details for 121/251 Varsity Pde, Varsity Lakes

121/251 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 2849m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
Unit
Year Built
2004
Floor Size
103m2
Land Size
2849m2
Local Government
Gold Coast City
Lot/Plan
121/SP151076

Last Listing description (May 2023)

Perched on the 4th floor this apartment has expansive water views over beautiful Lake Orr. Vacant and ready for the new owners to make the most of the potential on offer. A blank canvas with potential to make this an incredible investment opportunity for either investment or an awesome home.

Features,

2 Spacious bedrooms

2 Bathrooms
2 Car accommodation
Gourmet kitchen
Dining room
Outdoor living
Stunning water views
Resort style complex
48 Metre pool with private beach
Gymnasium and cardio room
Heated spa
Steam room and plunge pool

Walking distance to Bond University, Varsity College and Varsity CBD. Robin Town Centre and some of the Gold Coast's best beaches are only minute's drive away. Inspections are highly recommended.

Property History for 121/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$690,000
22 Apr 2022
  • 22 Apr 2022
    Sold for $690,000
  • 12 Apr 2022
    Listed for Sale CONTACT AGENT
  • 20 Aug 2005
    Sold for $450,000
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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 8,091 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.
There are currently 25 properties listed for sale, and 29 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 419 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.