OFF MARKET

2405/3 Main Street
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 97m2
Land area: 111m2
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Property Details for 2405/3 Main St, Varsity Lakes

2405/3 Main St, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 111m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Year Built
2008
Floor Size
97m2
Land Size
111m2
Local Government
Gold Coast City
Lot/Plan
2405/SP199636

Last Listing description (December 2020)

* Double Income of $615 p/w
* 2 separate units under 1 title.
1 st Apartment: 2405

* 1 large bedroom
* Full Kitchen - Stone benchtops, Stainless steel fridge
* 1 Bathroom
* Laundry
* Balcony
* One allocated Undercover Car Parking space
* Fully furnished
* Air conditioned lounge

2405A
* Studio Apartment
* Separate bathroom
* Kitchenette
* Fully Furnished, including bar fridge
* Airconditioned

Both apartments:
* Dual Key Apartment - 2 separate entrances
* Can be used as one larger apartment or separate into 2
* Can live in one and rent the other as an option for extra income.
* Walk straight down to the end of the street for access to walking tracks, parks and Lake Orr.
* Pool, gym, private courtyard with access to outdoor podium and BBQ area
* Security patrols 10pm - 5 am every night
* Walk to Bond University, transport and shops
* Robina Town Centre 3.5 Klm

Property History for 2405/3 Main St, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$380,000
11 Nov 2020
Listed for Rent
$320/w
16 Jun 2017
  • 11 Nov 2020
    Sold for $380,000
  • 24 Oct 2020
    Listed for Sale $387,000
  • 12 Jun 2017
    Listed for Rent - Price not available
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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 8,041 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, 423 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.