SOLD
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Sold on 13 Jul 2024 for $525,000

16/195 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 71m2
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Property Details for 16/195 Varsity Pde, Varsity Lakes

16/195 Varsity Pde, Varsity Lakes is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 71m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Varsity Lakes in the last 12 months.

Building Type
Unit
Year Built
2003
Floor Size
70m2
Land Size
71m2
Local Government
Gold Coast City

Last Listing description (August 2024)

Welcome to 16/195 Varsity Parade, nestled in one of Varsity Lakes' most coveted locations.

Discover a lifestyle of comfort and sophistication in this charming 1-bedroom unit, perfectly suited for downsizers, savvy investors, or first-time homebuyers.

Property Highlights:

* 1 Bedroom
* 1 Bathroom
* Single Car Space
* Low body corp fees

Prime Location:
Located in the highly sought-after Varsity Lakes, this residence offers a perfect blend of convenience and serenity. Immerse yourself in a neighborhood rich with amenities that enhance everyday living.

Interior Charm:
Step into this contemporary retreat and experience an open layout that seamlessly integrates modern design with practical functionality. Enjoy the spacious bedroom, a serene retreat, complemented by a stylish and functional bathroom.

Key Features:
* Air Conditioning: Stay cool and comfortable year-round with the included air conditioning system.
* Balcony: Relax and unwind on your private balcony, offering stunning views and a refreshing ambiance.
* Modern Kitchen: Enhance your culinary adventures in a well-appointed kitchen featuring quality appliances, ample storage, and sleek finishes.
* Built-in Wardrobe: Keep your belongings organized effortlessly with the built-in wardrobe in the bedroom.
* Proximity to Amenities: Enjoy the convenience of living near shops, dining options, schools, transport links, and recreational facilities.

Don't miss out on this opportunity to own a piece of Varsity Lakes' desirable lifestyle. Contact us today to arrange your private inspection and secure your future in this thriving community.

Property History for 16/195 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$525,000
13 Jul 2024
Listed for Rent
$360/w
28 Sep 2020
  • 13 Jul 2024
    Sold for $525,000
  • 09 Jul 2024
    Listed for Sale Expression of interest
  • 28 Sep 2020
    Listed for Rent $360 / week
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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 27 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 424 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.