411/29-49 Varsity ParadeVarsity Lakes QLD 4227
Property Details for 411/29-49 Varsity Pde, Varsity Lakes
411/29-49 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2013. The property has a land size of 107m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Last Listing description (July 2023)
Tranquil and peaceful views of the pond and forest, at the western end of Lake Orr.
This apartment has had renovations since being built in 2016, including Oak style laminate flooring replacing carpet in living room and tiles in hallway. Bath replaced with spacious standup shower with glass screens. Fan installed on the balcony, plantation shutters, and security screens installed.
A comfortable and modern home situated within the secure Edgewater Residences complex on the north side of Lake Orr. The apartment is walking distance to the Lake Orr walking track, numerous parks, public transport, Aldi shopping centre the Varsity Lakes sport house and boat shed and the popular Varsity College Primary and Secondary campus which is Australia's second largest school.
Within a longer walk, or a short drive is Bond University, Market Square, Robina Town Center and Varsity Lakes railway station.
There is high demand in this area for rentals, which is why the property is suited to an investor. But don't let that stop you from enquiring if you are looking for a comfortable apartment to live yourself.
The facilities within Edgewater Residences are exceptional, with beautiful gardens, a large Gym, BBQ area, 20 meter lap pool, and table tennis games room.
Fibre to the home broadband internet is also available via Openetworks retailers with speeds up to 200mb/s download available.
The property is being sold with or without furniture. The whole home has been furnished with top end furniture from Hervey Norman.
If you are an investor, please contact the on site managers for a current rental appraisal.
You can contact the on-site managers at Edgewater Residences Shaun and Amy if you are interested in viewing the apartment.
When attending inspections, dial 99 bell at the Edgewater Residences gate to contact the managers office. Then meet at the onsite office next to the pool. Visitor parking available inside complex.
There is lease end 20th April 2023.
Property History for 411/29-49 Varsity Pde, Varsity Lakes, QLD 4227
- 23 Mar 2023Sold for $630,000
- 03 Jan 2023Listed for Sale Expressions of interest
- 28 Jan 2022Listed for Rent $680 / 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.
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