OFF MARKET

29/2 Geraldton Drive
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 96m2
Land area: 3533m2
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Property Details for 29/2 Geraldton Dr, Varsity Lakes

29/2 Geraldton Dr, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 3533m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in July 2017.

Building Type
Unit
Year Built
2002
Floor Size
96m2
Land Size
3533m2
Local Government
Gold Coast City
Lot/Plan
29/SP144219

Last Listing description (August 2017)

Looking for exceptional value? Look no further! This 2 bed, 2 Bath, 1 Car apartment is a great entry level investment.
Situated in Varsity Manor and with sunny east and west facing balconies this elevated apartment captures the cool Lake Orr breeze and views to the east.
The expected rental returns are $370 per week with a $75 per week body corporate.

Inspect this rare opportunity and secure a second floor apartment in 'Varsity Manor'. Ready to move into or rent for $380 per week with a low body corporate.
* North east balcony captures the sun with plenty of terrace room to entertain family and friends.
* The property is neat/ tidy and perfect for first home owners and investors.
* The galley styled kitchen features granite tops, European appliances and a pull out pantry space.
* 2 bedrooms
* 2 bathrooms
* 1 car space on title
* Air-conditioned/ Fans
* Elevated position captures the cool breezes.
* Pool/ Function Room
* Laundry
* Live Work & Play in Vibrant Varsity Lakes
* Walk to Bond Uni, Varsity Collages, business hub
* Bus Stop 50 Metres walk
* Restaurants and Shops -15min walk
* Robina Town Centre- Just a few minutes drive
* Elevated position in Varsity Lakes
Motivated to sell so make your move to inspect today!

Property History for 29/2 Geraldton Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$307,000
18 Jul 2017
Listed for Rent
$390/w
01 Aug 2017
  • 20 Jul 2017
    Listed for Rent $400 / week
  • 18 Jul 2017
    Sold for $307,000
  • 18 May 2017
    Listed for Sale $309,000
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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 8,045 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, 425 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.