SOLD
Sold on 24 May 2024 for $525,000

1217/65 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 67m2
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Property Details for 1217/65 Varsity Pde, Varsity Lakes

1217/65 Varsity Pde, Varsity Lakes is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 67m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Varsity Lakes in the last 12 months.

Building Type
Unit
Year Built
2017
Land Size
67m2
Local Government
Gold Coast City
Lot/Plan
1217/SP218783

Last Listing description (October 2024)

Herbert Frey is proud to present this lovely one bedroom apartment overlooking the pool.

Varsity Waters is the name of the complex the apartment is situated in, it includes pool access and an indoor barbecue entertaining area. The complex is very modern and well-designed only having been completed in 2017, everything is still fresh and presents impressively, don't miss this awesome opportunity!

Whether you are an investor looking to add to your portfolio or an occupier looking for somewhere to call home, this residence will perfectly accommodate your needs.

Apartment features:

* Total area of approx 64 m2 including the balcony, excluding the balcony the floor area is approx 54 m2
* Approx 6.9 x 4 open living space with reverse cycle air-con, wardrobe, floor to ceiling windows and sliding doors leading out to the balcony
* Kitchen features glass mirror splash back, pantry and euro appliances
* Approx 3.2 x 3.2 bedroom with good-sized built-in-robe and ceiling fan
* Bathroom comfortably accommodates a European laundry with sliding doors, large shower, suspended vanity and toilet
* One allocated underground parking space
* Situated on Level 2

Complex features:

* Elevator access to all levels
* Underground parking includes visitor parks
* Outdoor pool alongside indoor barbecue facilities

Location features:

* Neighbouring the park Varsity Foreshore Parklands
* Beautiful lakeside walking track starting at the side of the complex and enables pedestrians to walk over the lake to Varsity island
* On foot you will arrive at Varsity College Primary or Secondary within 10 minutes
* 5 minute drive to the Bond University or huge shopping complex at Robina Town Centre and just 10 minutes to Gold Coast beaches!

Financials:

* Body corp fees are a low $59 approx per week
* Current rental appraisal shows potential for $480 - $500 per week

Disclaimer:
We have in preparing this information used our best endeavours 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, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
* denotes approximate measurements.

Property History for 1217/65 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$525,000
24 May 2024
  • 24 May 2024
    Sold for $525,000
  • 13 Jun 2023
    Listed for Sale Offers Over $449,000
  • 13 Oct 2015
    Sold for $324,950

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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 34 properties listed for sale, and 27 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.