SOLD
RECENT ADVICE
Sold on 14 Dec 2023 for $445,000

2/228 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 2/228 Varsity Pde, Varsity Lakes

2/228 Varsity Pde, Varsity Lakes is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 1 bedroom Apartment sold in Varsity Lakes in the last 12 months.

Building Type
Apartment

Last Listing description (December 2023)

Currently loved and freshly repainted this owner occupied apartment is pearched over shops and cafes in the heart of Varsity Lakes precinct. This is an ideal home for those that want to get into the market as it will represent outstanding value, if you're looking for your first home or investment this will be this year best opportunity.

What highlights this property from others is the conveniece and proximity to Bond University, your next career move job or as a first time investment, this fully furnished apartment (less the TV) in the heart of Varsity is big enough for a single person or couple, it's cosy, but not cramped. Come and be part of this young and vibrant community just a short walking distance to Bond University, CBD hotel/nightlife, Varsity College, lakeside walks, cafes and a fine selection of eateries. The owners have decribed this home "as perfect place for their daughter to reside and study, the upside being so close to Bond, the resort pool, gym, secure access and basement parking on title".


The property has served them very well and so it should be one to add to your shortlist...

• 1 Bedroom
• 1 Bathroom
• 1 Car
• 2 Storey walk-up, overlooks Varsity Parade
• Fully Furnished (not including TV)
• Pool/ Gym in a resort style setting
• Built-in robes
• Body Corp $120 per week approx
• Water $304 per quarter
• Rates $925 (1/2 yearly)
• Outstanding rent of up to $530 per week
• Move in Immediately from acceptance of offer (30 days)

Present all offers, owner has committed elsewhere and needs this one sold!

Property History for 2/228 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$445,000
14 Dec 2023
Listed for Rent
$385/w
19 Apr 2017
  • 14 Dec 2023
    Sold for $445,000
  • 20 Nov 2019
    Sold for $245,500
  • 31 May 2019
    Listed for Sale $269,000
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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 8,047 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 30 properties listed for sale, and 27 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 426 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

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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.