171/251 Varsity ParadeVarsity Lakes QLD 4227
Property Details for 171/251 Varsity Pde, Varsity Lakes
171/251 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 103m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Last Listing description (July 2022)
This apartment has arguably one of the best water views in the complex. Wide water vistas from the living and both bedrooms. The master has a balcony which is completely private and gives you the feeling you are on a luxury cruise liner. The apartment itself is spacious and neat and tidy. Ideal for investors as it is secured with an awesome tenant for the next 2 years at $600 per week. Body corp is $126 per week and rates and water approx $3200 per year.
Features
2 bedrooms
1 car space
gourmet kitchen
open plan living dining combination
wide water views
storage cage
resort style facilities
The "Reserve" complex is renowned for its prime waterfront location and proximity to Bond University as well as Varsity Schools. There are kilometers of walking tracks on your doorstep and Robina Mall as well as Burleigh Heads Beach are only minutes drive away. The complex has a lagoon styled pool with a private beach. There is also a gym, spa, steam room and plunge pool. Inspections by appointment.
Property History for 171/251 Varsity Pde, Varsity Lakes, QLD 4227
- 24 May 2022Sold for $660,000
- 17 May 2022Listed for Sale $680,000+
- 06 Apr 2019Sold for $397,500
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0About 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.
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