OFF MARKET

98 University Drive
Varsity Lakes QLD 4227

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 920m2
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Property Details for Lot 91/98 University Dr, Varsity Lakes

Lot 91/98 University Dr, Varsity Lakes is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2002. 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 September 2023.

Building Type
Unit
Year Built
2002
Floor Size
69m2
Land Size
920m2
Local Government
Gold Coast City
Lot/Plan
91/SP141120

Last Listing description (September 2022)

This one bedroom, one bathroom gigantic apartment boasts it's spaciousness and abundance of natural light, the bedroom is HUGE featuring a large wardrobe and direct access to the bathroom. The large modern kitchen is accompanied by a fantastic open planned living and dining area with a perfect study nook.

This modern apartment suits a savvy investor as it achieves a premium return with very low vacancies. With Bond University around the corner, this is an investment you can't afford to miss. Vendor's instructions are clear, submit all offers

Unit Features:

Huge bedroom with a large wardrobe
Timber flooring throughout
Open planned living
Spacious lounge and dining rooms
Large study nook
Modern kitchen
Modern bathroom
Secure parking
Large balcony with fantastic views
Fantastic storage throughout unit

The on-site amenities featured:
Large swimming pool to enjoy during those hot summer days
Gym
Entertaining & BBQ area

BE SURE TO GET IN QUICK, FANTASTIC OPPORTUNITIES LIKE THIS DO NOT COME ALONG OFTEN!

Property History for Lot 91/98 University Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$468,000
29 Sep 2023
  • 29 Sep 2023
    Sold for $468,000
  • 01 Sep 2022
    Sold for $387,000
  • 15 Aug 2022
    Listed for Sale Offers Over $375,000
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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.