OFF MARKET

215/29-49 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 100m2
Land area: 111m2
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Property Details for 215/29-49 Varsity Pde, Varsity Lakes

215/29-49 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2013. The property has a land size of 111m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in December 2023.

Building Type
Unit
Year Built
2013
Floor Size
100m2
Land Size
111m2
Local Government
Gold Coast City
Lot/Plan
215/SP246289

Last Listing description (January 2024)

Welcome to modern complex living in the Edgewater Residence located in Varsity Lakes.

This beautifully presented two bedroom apartment is in close proximity to schools, shops, Bond University, cafes, transport and only a short drive to Gold Coast's stunning beaches.

The open plan kitchen and living rooms are filled with natural light from the two perfectly located balconies. This apartment has a very appealing floorplan and features an extra study nook. Perfect for those studying or working from home.

The Edgewater complex is safe and secure and comes with a pool, gym and onsite management.

This property is currently tenanted until March 2024.

FEATURES
- Kitchen with stone benchtops and stainless steel appliances
- Open plan living and dining
- 2 spacious bedrooms
- Master bedroom with walk in robe and ensuite
- Separate study nook
- 2 generous sized balconies, one north facing
- Main bathroom with bathtub
- Carpeted throughout
- Ducted Air-conditioning
- Double side by side car parks

COMPLEX FACILITIES
- Security gates
- Gym
- In ground pool
- Onsite managers

INCOME
- Rental Appraisal: $690 - $710 per/ week

OUTGOING
- Body Corporate: $87 per/week
- Rates: $2248 p.a
- Water: $1480 p.a

Property History for 215/29-49 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$625,000
01 Dec 2023
  • 01 Dec 2023
    Sold for $625,000
  • 21 Nov 2023
    Listed for Sale Offers Over $619,000
  • 13 Jun 2012
    Sold for $449,500

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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 8,092 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 83.51% increase in median value, while Units have seen a 86.17% increase. As at 28 February 2025:

  • The median value for Houses in Varsity Lakes is $1,221,223 while the median value for Units is $798,542.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 26 properties listed for sale, and 23 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 421 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 liability for any loss or damage arising in connection with the data and information contained in this publication.