OFF MARKET

59/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 112m2
Land area: 2849m2
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Property Details for 59/251 Varsity Pde, Varsity Lakes

59/251 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 2849m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
Unit
Year Built
2004
Floor Size
112m2
Land Size
2849m2
Local Government
Gold Coast City
Lot/Plan
59/SP151076

Last Listing description (May 2018)

This is your chance to purchase ONE fully furnished apartment with an excellent rental return. And check the NEW price!
On offer is No. 59 in 'RESERVE'. This spacious, high ground floor, TWO bedrooms, TWO bathrooms with 2 car spaces apartment is in the FIVE * complex with caring management and MODERATE BC fees. And facilities are second to none. PRICE IS NOW UNDER $380,000.
THIS IS MORE THAN $30,000 REDUCTION OF THE ORIGINAL PRICE.

Forget your car and walk; on your private beautiful, long boardwalk surrounded by Lake Orr, walk 250 m to Varsity Market Square full of shops and cafes or to Bond University. Enjoy the bohemian atmosphere of Varsity to the fullest; meet the young people and make the new friends.
Vendors are waiting for your offer, so act NOW and reap the super benefits!
Call Wis on 0422 346 950 at Gold Coast Property for more information and your personalised inspection.

Property History for 59/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$364,000
11 May 2018
Listed for Rent
$570/w
19 Jul 2016
  • 11 May 2018
    Sold for $364,000
  • 25 May 2017
    Listed for Sale UNDER $380,000
  • 23 Jun 2016
    Listed for Rent - Price not available
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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.