OFF MARKET

527/25 Lake Orr Dr
Varsity Lakes QLD 4227

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 11 Nov 2024
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Property Details for 527/25 Lake Orr Dr, Varsity Lakes

527/25 Lake Orr Dr, Varsity Lakes is a 1 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Gold Coast City

Last Listing description (December 2020)

**BOOK AN INSPECTION ONLINE**
If you would like to inspect this property simply click on 'request/book an inspection time' OR 'email the agent' and follow the instructions to register for times.

One bedroom furnished waterfront studio apartment. Registered for student living only.

Features:
* Self-contained and equipped kitchenette
* Air conditioning
* Small balcony with great views overlooking the water & hinterland
* Indoor swimming pool and licensed lounge/bar
* Internet and electricity arranged through on site reception
* Tenant pays for electricity and PABX phone calls
* No designated parking
* Varsity Towers has a coin operated laundry facilities
* The property can be available for a 3 month tenancy or more

Great location, be quick to inspect as this unit will not last long.

Property History for 527/25 Lake Orr Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Listed for Rent
$270/w
03 Dec 2020
  • 30 Oct 2020
    Listed for Rent $270 / week
  • 25 Oct 2019
    Listed for Rent $275 / 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.
There are currently 30 properties listed for sale, and 28 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 421 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.