OFF MARKET

161/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 113m2
Land area: 1755m2
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Property Details for 161/251 Varsity Pde, Varsity Lakes

161/251 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 1755m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Year Built
2004
Floor Size
113m2
Land Size
1755m2
Local Government
Gold Coast City
Lot/Plan
161/SP151077

Last Listing description (March 2023)

This spacious apartment is situated in "The Reserve". A resort style complex with fantastic facilities including a 48 metre pool with its own private beach. There is also a spa, gymnasium, plunge pool, media room and library. The apartment itself is generous in size and well positioned at the end of the block. Owner occupied and beautifully presented. Ground floor with balcony and deck with water views.

Features:

2 bedrooms

2 bathrooms
1 car accommodation
Open plan living and dining
Gourmet kitchen
Stone bench tops
Stainless steel appliances
Spacious balcony
Resort style facilities
Air conditioner

The Reserve is a waterfront complex and walking distance to Bond University as well as the Varsity CBD. Varsity Schools are also walking distance and Robina Town Centre and some of the Gold Coasts best beaches are only a short drive away.

Advertising Disclaimer: We have prepared this information to the best of our knowledge 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 or inaccuracies that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 161/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$720,000
20 Jun 2022
Listed for Rent
$410/w
01 Feb 2011
  • 20 Jun 2022
    Sold for $720,000
  • 06 May 2022
    Listed for Sale $745,000
  • 26 Nov 2019
    Sold for $388,000
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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.

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.