OFF MARKET

51/98 University Drive
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 4
Floor area: 99m2
Land area: 2019m2
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Property Details for 51/98 University Dr, Varsity Lakes

51/98 University Dr, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 4 parking spaces and was built in 2004. The property has a land size of 2019m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in February 2017.

Building Type
Unit
Year Built
2004
Floor Size
99m2
Land Size
2019m2
Local Government
Gold Coast City
Lot/Plan
51/SP141120

Last Listing description (February 2024)

A modern stylish two bedroom, two bathroom apartment boasting an oversize garden could be yours today This home is owner occupied and ready for you to move in.

Just a short walk from local shops, cafes, gyms, Varsity College and Bond University, this location is highly sought after. Found in one of the Gold Coast's hotspot hubs, you will not be disappointed by what this property has to offer..

Property Features include:

- 2 spacious bedrooms, both with-in built robes & ceiling fans
- Master bedroom with walk through robe & en-suite
- Stylish kitchen with 2 pac cabinet & new cooktop
- Ample storage throughout & air-conditioned living
- Spacious favourable floorplan & quiet position
- Front & rear patios for year-round breezes
- 2 undercover car parking spaces
- New flooring & paint within dining/living
- Extra-large garden (pets approved by Body Corp)

- Annual Water: $1,400.00 Approx.
- Annual Rates: $1,600.00 Approx.
- Body Corporate rates approximately $62 per week.

Complex Amenities:

- Two shared BBQ areas
- Modern Gymnasium
- Pool with separate spa

The owners are serious and urging to present offers. This fantastic opportunity must be sold and you better get in quick.

This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.

Disclaimer:
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
* denotes approximate measurements.

Property History for 51/98 University Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$365,000
16 Feb 2017
Listed for Rent
$360/w
17 Feb 2011
  • 21 Jan 2022
    Listed for Sale Sold
  • 16 Feb 2017
    Sold for $365,000
  • 02 Feb 2017
    Listed for Sale Not Disclosed
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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 8,047 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, 426 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.