SOLD
Sold on 29 Jan 2024 for $498,700

423/29-49 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 56m2
Improve this data
Sold By
McGrath Palm Beach
Share
Save

Property Details for 423/29-49 Varsity Pde, Varsity Lakes

423/29-49 Varsity Pde, Varsity Lakes is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 56m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom Unit sold in Varsity Lakes in the last 12 months.

Building Type
Unit
Year Built
2013
Floor Size
54m2
Land Size
56m2
Local Government
Gold Coast City
Lot/Plan
423/SP260585

Last Listing description (March 2024)

Entry via Varsity Parade roundabout

Enjoying a highly sought-after position footsteps from Lake Orr and 10 minutes from the beach, this beautifully presented one-bedroom apartment offers a unique investment opportunity or easy living for young professionals. Immaculately appointed in a resort-style complex with reserve views, this property offers access to everything the region has to offer.

- Open plan light-filled living and dining area with seamless alfresco flow

- Lovely outlook overlooking reserve from the covered entertaining balcony
- Contemporary kitchen with stainless appliances and induction cooktop
- Modern bathroom features a bath, shower plus stone-topped vanity
- Tranquil master bedroom with double built-in robes and ceiling fan
- Resort style security complex with in-ground pool, sauna, gymnasium
- Internal laundry, air conditioning, single secure car space, pet friendly
- Enjoy lakeside living with direct access to Lake Orr via walking tracks
- Walk to Varsity Primary and College, Bond University, cafes, shops
- 3 mins to Robina Town Centre, 10 mins to a choice of Gold Coast beaches
- Council Rates: $1,957.92 per annum. Water Rates: $1,128.72 per annum.
- Rental Appraisal: $550 per week
- Sinking Fund $744,756.64 Body Corporate Fees $77 per week

Show More

Property History for 423/29-49 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$498,700
29 Jan 2024
Listed for Rent
$375/w
04 Mar 2019
  • 29 Jan 2024
    Sold for $498,700
  • 19 Jan 2024
    Listed for Sale Not Disclosed
  • 22 Apr 2021
    Sold for $342,000
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 8,047 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 88.34% increase in median value, while Units have seen a 72.99% increase. As at 30 September 2024:

  • The median value for Houses in Varsity Lakes is $1,169,841 while the median value for Units is $755,001.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 26 properties listed for sale, and 28 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 424 properties were sold in the past 12 months in Varsity lakes.

Varsity Lakes Profile Page

Suburb Insights for Varsity Lakes 4227

Visit Varsity Lakes profile page
Market Insights
Varsity Lakes Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Varsity Lakes Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Varsity Lakes profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED