SOLD
Sold on 13 Dec 2023 for $560,000

4/220 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 64m2
Land area: 81m2
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Property Details for 4/220 Varsity Pde, Varsity Lakes

Building Type
Commercial
Year Built
2007
Floor Size
64m2
Land Size
81m2
Local Government
Gold Coast City
Lot/Plan
4/SP180453

Last Listing description (April 2022)

* 81m2 office space in prominent location with frontage to Varsity Parade
* Excellent signage with corner position in the building
* Professional reception, 2 offices and open work space, suitable for a wide variety of businesses

* 3 allocated car spaces
* Central location, close by cafes and public transport

Contact Exclusive Agents Lacey West to arrange your inspection

Property History for 4/220 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$560,000
13 Dec 2023
Listed for Rent
$575/w
21 Apr 2022
  • 13 Dec 2023
    Sold for $560,000
  • 22 Mar 2022
    Listed for Rent $30,000 / month
  • 02 Feb 2021
    Listed for Sale Contact Agent
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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.