SOLD
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Sold on 14 Feb 2024 for $530,000

2101/3 Main Street
Varsity Lakes QLD 4227

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 89m2
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Property Details for 2101/3 Main St, Varsity Lakes

2101/3 Main St, Varsity Lakes is a 1 bedroom, 1 bathroom Apartment. The property has a land size of 89m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Apartment sold in Varsity Lakes in the last 12 months.

Building Type
Apartment
Land Size
89m2
Local Government
Gold Coast City
Lot/Plan
2101/SP199636

Last Listing description (February 2024)

* Ben, will be hosting a video inspection of this property for you to watch on his Facebook, Instagram, TIK TOK & LinkedIn pages: Search “Ben Williams REMAX Real Estate" on social media to view & access this and many more homes in the area.*

Less is More!

However size does matter, 2101/3 is generous in size boasting a whopping 89m2 for a deluxe 1 bedroom unit.

The open plan layout is large & functional with plenty of storage space and in integrated appliances, and yes there is more than enough room to entertain.

The seamless flow to the huge enclosed balcony allows for indoor / outdoor living and basically adds another "room" to the unit.

Punching well above it's weight in the rental market this unit would suit not only the owner occupier but the savvy investor as well.

The resort style facilities and elevated central location make this Varsity on Main and ideal place to call home or an astute investment for the savvy investor.

Currently Tenanted to - 13 April 2024 for $510 per week.

Body Corp: $99.00 pw

Features Include:

* 1 Large Bedroom
* Slit Unit Aircon & Ceiling Fan
* Huge enclosed balcony with sliding shutters
* 4 burner Ceramic cooktop with integrated range hood
* Integrated dish washer / Microwave / Oven
* Swimming Pool / Gym
* Onsite Manager

**Disclaimer of the advert: When preparing this information we have used our best endeavors to ensure the information contained herein is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein

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Property History for 2101/3 Main St, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$530,000
14 Feb 2024
  • 30 Jan 2024
    Sold for $530,000
  • 25 Jan 2024
    Listed for Sale $530,000 UNDER CONTRACT
  • 01 Dec 2021
    Sold for $380,500
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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, 423 properties were sold in the past 12 months in Varsity lakes.

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Ben Williams
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Russel Segal
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