OFF MARKET

159/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 103m2
Land area: 1755m2
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Property Details for 159/251 Varsity Pde, Varsity Lakes

159/251 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 1755m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in July 2014.

Building Type
Unit
Year Built
2004
Floor Size
103m2
Land Size
1755m2
Local Government
Gold Coast City
Lot/Plan
159/SP151077

Last Listing description (July 2014)

Perfect Opportunity For Bond University Students
Sought after elevated ground floor Reserve apartment with lake and city views not to mention arguably the best floor plan in complex making this is a must to inspect . Located within the Bond University precinct and only metres walk to cafes, restaurants this highly sought after apartment is the answer for the astute investor or home occupier.
Features:

North-east aspect with stunning views
Spacious gourmet kitchen with lake view
2 Large bedrooms, master with ensuite and own private balcony
2 secure car accommodation
Property comes furnished
Body corporate approx.$110pw
Gated complex, lift access, pet friendly
Amazing facilities
Nightly security patrols

Property History for 159/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$388,000
12 Jul 2014
Listed for Rent
$550/w
15 Dec 2010
  • 12 Jul 2014
    Sold for $388,000
  • 11 Mar 2014
    Listed for Sale $390,000-$405,000
  • 08 Dec 2010
    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.