OFF MARKET

163/251 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 163/251 Varsity Pde, Varsity Lakes

163/251 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2003. 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 June 2022.

Building Type
Unit
Year Built
2003
Floor Size
103m2
Land Size
1755m2
Local Government
Gold Coast City
Lot/Plan
163/SP151077

Last Listing description (August 2022)

This is a beautifully presented property with a spacious floor plan offering two bedrooms, two bathrooms and an open plan living, dining and kitchen combination. The Reserve is a resort style complex with an unbeatable location. Walking distance to Bond University, Varsity Primary and High Schools and Varsity Caf&aecute; Precinct. Custom built cabinetry throughout adding to the character of this impressive property.

Features:

2 spacious bedrooms

2 Bathrooms
2 car accommodation
Storage cage
Open plan living and dining
Gourmet kitchen
Stone benchtops
Stainless steel appliance
Large balcony
Expansive water and skyline views
Resort style complex
Lagoon pool with private beach
Gym
Steam room
BBQ area

Inspections are highly recommended and sure to impress. Owner occupied and vacant possession is available to the lucky new owner.

Property History for 163/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$765,000
30 Jun 2022
  • 22 Jul 2022
    Listed for Sale $765,000
  • 30 Jun 2022
    Sold for $765,000
  • 07 Dec 2019
    Sold for $470,000
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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 8,045 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 26 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.