OFF MARKET

421/29-49 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 94m2
Land area: 105m2
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Property Details for 421/29-49 Varsity Pde, Varsity Lakes

421/29-49 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 105m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in August 2014.

Building Type
Unit
Year Built
2013
Floor Size
94m2
Land Size
105m2
Local Government
Gold Coast City
Lot/Plan
421/SP260585

Last Listing description (February 2024)

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.

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 rented as fully furnished.

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.

Property History for 421/29-49 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$435,000
20 Aug 2014
Listed for Rent
$821/w
15 Feb 2024
  • 06 Feb 2024
    Listed for Rent $790 / week
  • 25 Jul 2023
    Listed for Rent $750 / week
  • 28 Feb 2018
    Listed for Rent $495 / 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 8,041 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.