OFF MARKET

126/251 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 126/251 Varsity Pde, Varsity Lakes

126/251 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 July 2021.

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

Last Listing description (October 2021)

Situated on the 5th floor of the Sea Eagle building in The Reserve, this apartment has extensive water and hinterland views. A large balcony with shutters and awnings for complete privacy. Timber floors, stainless steel appliances and stone bench tops are only some of the features this aprtment has on offer. Vacant possession available.

Consisting of:

2 Large bedrooms

Open plan living and dining
Timber floors
Updated gourmet kitchen
Granite bench tops
2 spacious bathrooms
2 car accommodation
Storage cage
Resort style pool and facilities

Expected rental return approx $630 per week. Absolutely nothing to do except move in and enjoy. The Reserve is directly across the road from Bond University and walking distance to Varsity Lakes CBD, schools and public transport. Some of the Gold Coasts best beaches only minutes drive away. Inspections by appointment only and highly recommended..

Property History for 126/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$560,400
27 Jul 2021
Listed for Rent
$550/w
19 Jan 2017
  • 27 Jul 2021
    Sold for $560,400
  • 18 Jul 2021
    Listed for Sale CONTACT AGENTS
  • 12 Jan 2017
    Listed for Rent - Price not available
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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 25 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

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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.