OFF MARKET

1308/397 Christine Avenue
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 102m2
Land area: 15372m2
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Property Details for 1308/397 Christine Ave, Varsity Lakes

1308/397 Christine Ave, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 15372m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
Unit
Year Built
2016
Floor Size
102m2
Land Size
15372m2
Local Government
Gold Coast City
Lot/Plan
1308/SP288458

Last Listing description (February 2022)

Modern apartment with beautifully appointed open plan gourmet kitchen flowing out to the dining and living area. The living room has sliding stacking doors which open wide to enjoy the fresh breezes and stunning vistas over water.

Both bedrooms enjoy the views over the water, with the master having sliding stacking doors which open up onto the extended balcony. The massive walk-through dresser will delight any couple. The master also has an en-suite with double vanity and a large shower. The main bathroom has a bath and shower.


There are fantastic resort facilities including a 25-meter lap pool, large residents lounge and bbq facilities, gym, sauna, cinema room, and indoor golf simulator.

FEATURES:
* Ducted Air conditioning
* Stone kitchen counters
* Sliding stacking doors onto the balcony
* Built-in robes

INCOME: (currently tenanted)
$600/ week

OUTGOINGS:
Water & Sewage - $441.86 per quarter
Rates - $1,018.05 half yearly

DISTANCES:
Bus Stop - 300 m
Local Shops - 650 m
Major Shopping Centre - 2.6 km
Primary School (Varsity College Primary) - 550 m
High School (Varsity College Secondary Campus) - 2.3 km
Bond University - 3.7 km
Parkland - 50 m
Highway - 2.3 km
Train Station - 1.4 km
Beach - 4.7 km

Property History for 1308/397 Christine Ave, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$705,000
15 Jan 2022
Listed for Rent
$540/w
29 Feb 2020
  • 15 Jan 2022
    Sold for $705,000
  • 10 Jan 2022
    Listed for Sale Expressions Of Interest
  • 20 Jul 2016
    Sold for $499,000

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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 8,093 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 86.62% increase in median value, while Units have seen a 77.39% increase. As at 31 July 2024:

  • The median value for Houses in Varsity Lakes is $1,162,033 while the median value for Units is $760,798.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 40 properties listed for sale, and 30 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 448 properties were sold in the past 12 months in Varsity lakes.

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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.