OFF MARKET

38/226 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 82m2
Land area: 101m2
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Property Details for 38/226 Varsity Pde, Varsity Lakes

38/226 Varsity Pde, Varsity Lakes is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 2007. The property has a land size of 101m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
2007
Floor Size
82m2
Land Size
101m2
Local Government
Gold Coast City
Lot/Plan
38/SP180454

Last Listing description (September 2022)

Ray White Robina is proud to present this fantastic opportunity for all first home buyers, downsizers and astute investors looking to be nestled in a highly sought-after pocket of Varsity Lakes. For all you savvy investors, expect a rental income of $520 per week.

Within a short distance to all amenities, this home provides the convenient and ideal lifestyle you have been searching for.

Offering 1 spacious bedroom with BIR and ensuite, a spacious lounge area, dining/meals area which is adjacent to the kitchen equipped with electric cooking and an abundance of cupboard space. The separate bathroom makes up the interior of this home.

Features of this home include study/ second living room, European laundry, induction cooktop, large balcony, and two car spaces.

Central Varsity Highlights:
Loads of Community Events such as "Winterfest" and street festivals
Live music and trivia nights
Walking distance to every shop and cafe in a 200-metre radius
Achtung! Authentic German Bakery right at your doorstep
Comfort Coffee & Donuts from D point 10
The Rusty Barrel Tapas Bar and Whisky- Yum! Live music Saturday and Sunday
Bottoms up! The Lake Brewhouse fantastic lakeside position
CBD hotel - Have a punt and a meal
IGA Convenience - Fantastic for essentials just 150 metres away!
Varsity College - 150 metres away
Lakeside walks are waiting for you, kilometres of walking tracks
Bond University - have a son or daughter? Gallery Vie is very close to the University and is safe and secure
15-minute drive to some of the best beaches on the Gold Coast
Income - Current Rent per week: $520
Outgoings - Body Corp Levies Per week: $65
Council Rates per week: $1800 per annum approx

This home is ready for you to make it your own.

Do not miss out on this excellent opportunity! Call Jon Paul or Sergio Yanez for any further information!

Auction - Thursday 11th August at 10am at The Star Casino

*Prices & distances are approximates

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Property History for 38/226 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$385,000
11 Aug 2022
Listed for Rent
$500/w
12 May 2021
  • 11 Aug 2022
    Sold for $385,000
  • 22 Jul 2022
    Listed for Sale Auction Thursday 11th August 2022
  • 30 Apr 2021
    Listed for Rent $500 / 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 30 properties listed for sale, and 27 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 426 properties were sold in the past 12 months in Varsity lakes.

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