51 South Bay DriveVarsity Lakes QLD 4227
Property Details for 51 South Bay Dr, Varsity Lakes
51 South Bay Dr, Varsity Lakes is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2010. The property has a land size of 125m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in July 2018.
Last Listing description (April 2020)
Take advantage of this outstanding opportunity to purchase a unique property that will appeal to a diverse range of astute buyers. Located in the thriving hub of Varsity and ideal for a professional couple with low maintenance gardens; or for anyone wanting to be close to Bond University, this property ticks all the boxes. Zoned Medium Density Residential, there is the option to work from home or simply invest now and reap the long term capital growth.
This stylish townhouse has a real warehouse feel with ultra high ceilings in the lounge room and a mezzanine style top floor. There is loads of character and plenty of windows allowing natural light to flow through, great for entertaining with an open plan kitchen / dining which leads out to the private courtyard. There are quality fixtures and fittings throughout the property including beautiful bamboo flooring.
South Bay Drive is conveniently located in the Varsity College catchment and surrounded by beautiful walking tracks beside Lake Ore. Local shops and Aldi supermarket are less than 100 metres away, Varsity has a very cosmopolitan feel while being only a short drive to Burleigh Beach.
Features Include:
2 Double Size Bedrooms
Master Bedroom with Beautiful Plantation Shutters
Main Bathroom Upstairs
Powder Room Downstairs
Spacious Open Plan Living
Tinted Windows in the Family Room
Air-Conditioning
Modern Kitchen with European Appliances
Bamboo Flooring Throughout
Separate Laundry
Private Rear Courtyard
Very Low Body Corp $25pw
Rear Street Access to Single Garage
Bond University, Varsity Railway Station and the Restaurant and Café precinct are just minutes away.
Inspections are a must!
Property History for 51 South Bay Dr, Varsity Lakes, QLD 4227
- 11 Feb 2020Listed for Sale $495,000
- 19 Jul 2018Sold for $455,000
- 20 Jun 2018Listed for Sale $495,000
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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.
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