OFF MARKET

76/251 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 76/251 Varsity Pde, Varsity Lakes

76/251 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 September 2016.

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

Last Listing description (October 2016)

Ready to start studying, looking for an ideal first home or new investment? This year s best opportunity has arrived.
The owners of this 2 bedroom, 2 bathroom apartment need to act quickly.
Bond University is only a short stroll away and this complex offers resort style facilities such as massive pool with beach, fully equipped gym, spa, kitchen, library, sauna and steam room.

This property can be purchased with furniture if you desire.
Property features:
* 2 spacious bedrooms and 2 bathrooms
* Vacant and ready for inspections
* Fully furnished and equipped with appliances, crockery and cutlery
* Timber floors throughout
* Trendy feature walls
* Block out curtains in both bedrooms
* Excellent storage in apartment and private storage cage located in under cover car park
* Ideal location for study, work and catching up with friends at the local cafes and restaurants
* Gated complex, 24 hour security, security screens, intercom and onsite management.
Varsity Lakes is recognised as one of the best rental returns on the Gold Coast and demand for accommodation is high in this complex.
Property specifics:
* 122sq metres overall living size
* $99 per week Body Corporate
* Rates $2200 per annum
* Water rates $900 per annum
Rental returns:
* Fully Furnished rental returns $530 to $550 per week
* Unfurnished rental returns $430 to $450 per week
Make your inspection today and present all offers as this one will not last long.

Call Jon on 0417 438 918 or Casey 0423 339 223

Property History for 76/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$365,000
22 Sep 2016
  • 22 Sep 2016
    Sold for $365,000
  • 18 Aug 2016
    Listed for Sale $370,000
  • 03 Feb 2014
    Sold for $350,000
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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 8,041 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, 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.