OFF MARKET

68/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 103m2
Land area: 2849m2
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Property Details for 68/251 Varsity Pde, Varsity Lakes

68/251 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 103m2. While the property is not currently for sale or for rent, it was last sold in March 2017.

Building Type
Unit
Year Built
2004
Floor Size
103m2
Land Size
2849m2
Local Government
Gold Coast City
Lot/Plan
68/SP151076

Last Listing description (April 2022)

This apartment is situated in The Reserve complex in Varsity Lakes. Highly sought after due to it resort style facilities and location. A water front complex and directly opposite internationally acclaimed Bond University.

The apartment itself is owner occupied and very neat and tidy. The owner has invested in upgrades including professionally enclosing the balcony to allow options for more usable space. The enclosed balcony is currently being used as a study. There is also a balcony off the master bedroom.

Features:

2 spacious bedrooms
2 bathrooms
2 car spaces
open plan living and dining
gourmet kitchen
stone bench tops
stainless steel appliances
enclosed balcony
resort style facilities
48 metre salt water pool
spa and plunge pool
steam room
theatre room
library

Walking distance to Varsity Lakes CBD. Robina Town Centre and some of the Gold Coasts best beaches are only a short drive away. Inspections are highly recommended.

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Property History for 68/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$380,000
21 Mar 2017
Listed for Rent
$400/w
16 Apr 2011
  • 21 Mar 2017
    Sold for $380,000
  • 23 Feb 2017
    Listed for Sale UNDER CONTRACT
  • 18 Sep 2012
    Sold for $319,000
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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 27 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 424 properties were sold in the past 12 months in Varsity lakes.

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