OFF MARKET

35/226 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 72m2
Land area: 82m2
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Last updated 11 Nov 2024
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Property Details for 35/226 Varsity Pde, Varsity Lakes

35/226 Varsity Pde, Varsity Lakes is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 82m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in January 2018.

Building Type
Unit
Year Built
2007
Floor Size
72m2
Land Size
82m2
Local Government
Gold Coast City
Lot/Plan
35/SP180454

Last Listing description (May 2018)

This spacious apartment is perfectly located in the heart of Varsity CBD. Walking distance to Bond University, Varsity Schools and the shops and cafe's. Public transport is also close proximity.
Ideal for investors with a great tenant in place until 30 April 2018 currently paying $400 per week rent. Body corp is approximately $53 per week and expected to drop substantially after the next budget meeting. Please call to discuss in more details if you have any further questions.
The apartment itself is spacious, well presented and fully furnished.

Features:
1 spacious bedroom
1 bathroom plus powder room
1 car accommodation
Open plan living and dining
Spacious kitchen
Stainless steel appliances
Stone bench tops
Fully furnished
Air conditioning
Balcony
Internal laundry
North facing
Inspections for this apartment are highly recommended

Property History for 35/226 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$285,000
25 Jan 2018
Listed for Rent
$400/w
22 Dec 2017
  • 25 Jan 2018
    Sold for $285,000
  • 24 Nov 2017
    Listed for Sale UNDER CONTRACT
  • 16 Nov 2017
    Listed for Rent $400 / week
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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 25 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.