OFF MARKET

6/255 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 105m2
Land area: 620m2
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Property Details for 6/255 Varsity Pde, Varsity Lakes

6/255 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 620m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
2006
Floor Size
105m2
Land Size
620m2
Local Government
Gold Coast City
Lot/Plan
6/SP164872

Last Listing description (March 2023)

Situated in The Cape Building in the heart of Varsity Lakes is this very unique apartment. Complete with 2 bedrooms, 2 bathrooms, 2 car spaces and a massive outdoor living area with water views and Easterly aspect. The outdoor space is approximately 150sqm and has private access directly to the pool with exclusive cabana.

Features:
Master bedroom with en-suite & walk-in-robe

Second bedroom with built-in-robe, separate from the master
Large open plan living and dining zone
Kitchen with large island bench & stainless steel appliances
Air conditioning split systems
2 car accommodation plus storage cage
Main bathroom with bath and shower
Massive outdoor entertaining area fully tiled with private cabana.
Ample room to entertain
Body Corporate fees are $116.00 per week approximately
Currently tenanted until June 2023 at $560.00 per week.

This is a very unique property as it is situated on the ground floor with easy access and the biggest outdoor space of all the apartments in the complex.

Property History for 6/255 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$650,000
01 Feb 2023
  • 01 Mar 2023
    Listed for Sale Offers above $650,000
  • 01 Feb 2023
    Sold for $650,000
  • 12 Oct 2022
    Listed for Sale Offers above $650,000
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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 8,045 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 33 properties listed for sale, and 26 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 423 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.