OFF MARKET

98 University Drive
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 99m2
Land area: 920m2
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Property Details for Lot 41/98 University Dr, Varsity Lakes

Lot 41/98 University Dr, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 920m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
2004
Floor Size
99m2
Land Size
920m2
Local Government
Gold Coast City
Lot/Plan
41/SP141120

Last Listing description (February 2024)

This fantastic 2 bedroom, 2 bathroom home enjoys a bundle of features and picturesque uninterrupted views across Varsity Oval. This home also offers a open spacious floor plan, modern feel and an elevated position for year round breezes - what more could you want!

Boasting a secure car space, a functional floor plan, walking distance to Bond University, Varsity College and Varsity CBD, we're certain you'll love this home as much as we do.

Boasting apartment features include:

- 2 spacious bedrooms, both with in-built robes & ceiling fans
- Master bedroom with walk through robe, en-suite & balcony access
- Open plan kitchen, stone bench tops and space for breakfast bar stools
- Ample storage and air conditioning
- Undercover car parking space
- Elevated view across the local park and Varsity College
- Timber flooring throughout

Boasting complex features include:

- On-site Manager
- Gymnasium
- Pool with separate spa
- Two shared BBQ areas
- Owners Lounge
- Manicured grounds
- Recently repainted
- Low body corporate fees $75 per week

If you are looking to own or invest into this much sought after complex in the heart of Varsity Lakes with a short walk to the restaurants of Varsity CBD and minutes to Bond University, then come and see this fantastic apartment.

Contact your local agent Mitch Harrop today!

Disclaimer:
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
* denotes approximate measurements.

Property History for Lot 41/98 University Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$555,000
15 May 2022
  • 15 May 2022
    Sold for $555,000
  • 05 May 2022
    Listed for Sale Sold
  • 13 Jan 2009
    Sold for $352,000
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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.