OFF MARKET

37/253 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 108m2
Land area: 2467m2
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Property Details for 37/253 Varsity Pde, Varsity Lakes

37/253 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. The property has a land size of 2467m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
2005
Floor Size
108m2
Land Size
2467m2
Local Government
Gold Coast City
Lot/Plan
37/SP164871

Last Listing description (May 2022)

The moment you walk through the door you are greeted by a well-designed open plan and ultra-high loft ceilings in the living space which is complemented by the oversized balcony offering supreme privacy and perfect balance of natural light with crosses breezes all day.

A large and functional layout is perfect for owner occupiers or with the low vacancies within the precinct capitalise on the excellent return opportunity.

Key Features:

Master featuring ensuite and balcony
Large guest bedroom
Separate laundry
Bathrooms with floor to ceiling tiles
Formal dining
Stone benchtops
Lockable storage cage
Two car parks on title
High quality fixture and finishes throughout
Two balconies - Massive main balcony
High quality carpet and underlay
Neutral tones and colouring

Complex features:
Secure complex featuring two separate locked entrances
Beautiful pool and BBQ area
42 Residences
Visitor parking

The Retreat is a small and quiet complex situated in the heart of Varsity Lakes. Within walking distance to Bond University, shops, restaurants, medical/legal facilities, and all other required amenities making this a great investment, first home or even a lifestyle change.

Outgoings:
Body corporate - Approx $104 per week
Water rates - Approx $370 per quarter
Council rates - Approx $425 per quarter

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

Property History for 37/253 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$620,000
01 Mar 2022
Listed for Rent
07 Jan 2020
  • 01 Mar 2022
    Sold for $620,000
  • 23 Feb 2022
    Listed for Sale $599,000
  • 29 Jan 2021
    Sold for $415,000
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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 8,047 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, 428 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.