OFF MARKET

8/255 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 110m2
Land area: 620m2
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Property Details for 8/255 Varsity Pde, Varsity Lakes

8/255 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 110m2. While the property is not currently for sale or for rent, it was last sold in May 2016.

Building Type
Unit
Year Built
2006
Floor Size
110m2
Land Size
620m2
Local Government
Gold Coast City
Lot/Plan
8/SP164872

Last Listing description (December 2016)

This apartment has to be seen. Located on the ground floor and in one of the best positions in 'The Cape apartments in Varsity Lakes. Absolute waterfront and completely private with your own private garden and direct access to the pool and boardwalk. Wide water views from living, kitchen and both bedrooms. Features: 2 bedrooms 2 bathrooms Gourmet kitchen Open plan living Balcony Storage cage Garden Great facilities Granite bench tops Stainless steel appliances The Cape is situated directly across the road from Bond University and a short walk to Varsity Lakes shopping district. Schools and public transport are also walking distance. Some of the Gold Coasts best beaches are only a few minutes drive.Expected rental returns are approximately $490 per week unfurnished and $590 per week with a furniture package. Inspections highly recommended.

Property History for 8/255 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$442,000
05 May 2016
  • 05 May 2016
    Sold for $442,000
  • 24 Nov 2015
    Listed for Sale SOLD
  • 15 Aug 2013
    Listed for Sale CONTACT AGENT
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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 8,042 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.