Lot 88/98 University Dr, Varsity Lakes is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 920m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in May 2015.
PRICE REDUCTION - $253,000 OWNER INSTRUCTS TO SUBMIT ALL OFFERS
Located in a fantastic position this great sized unit is a must to inspect, currently rented at $320per week.
Fully Furnished Large 1 bedroom with ensuite, kitchen and large living area opening out to undercover balcony. Secure complex with low body corporate and minutes walk to the heart of Varsity Lakes this will be an outstanding buy for the asute investor to buy now and reap the high rentals. Walk to Bond University, Market Square shops and restaurants.
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 8,047 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:
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