OFF MARKET

4/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 103m2
Land area: 1143m2
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Property Details for 4/251 Varsity Pde, Varsity Lakes

4/251 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 1143m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in October 2014.

Building Type
Unit
Year Built
2004
Floor Size
103m2
Land Size
1143m2
Local Government
Gold Coast City
Lot/Plan
4/SP151075

Last Listing description (October 2024)

Located at the esteemed secured complex "The Reserve", this rarely available 2 bedroom air-conditioned GROUND FLOOR unit faces onto the beautiful Lake Orr. This unit is perfect for those who are looking to live in the city but feel as if you are at a resort.

This stunning gated complex offers a 47m lagoon style swimming pool with sandy beach, BBQ areas, a fully equipped gym, spa, plunge pool and more. Located right next to Bond university, you have cafes, restaurants, gyms, and shops right at your finger tips.

This property features:

- An air-conditioned open plan kitchen and living area
- Seperate dining area
- Master bedroom with built in wardrobes and ensuite
- Both front and rear balconies, one over looking Lake Orr
- Seperate internal laundry
- 2nd bathroom with bathtub
- 2 secured basement parking slot

$720.00/week WATER included!

An inspection is a must to truly appreciate this property. Register now as this property will not be available for long.

Please note: No storage facility available.

Property History for 4/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$380,000
24 Oct 2014
Listed for Rent
$720/w
30 May 2023
  • 15 Jun 2023
    Listed for Rent $720 / week
  • 26 Nov 2019
    Listed for Rent $590 / week
  • 29 May 2019
    Listed for Rent $580 / 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 8,048 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 34 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.