122 Varsity Parade, Varsity Lakes, QLD 4227 | DuplexSemi-detached for sale | OnTheHouse
FOR SALE
Offers over $1,249,000

122 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
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RARE DUAL-PURPOSE PROPERTY - LARGE FAMILY HOME & COMMERCIAL OPPORTUNITY - NO BODY CORP FEES

An exceptionally versatile property offering the rare combination of prominent commercial exposure at the front and a family residence at the rear - all on freehold land with double street frontage - No body corp fees.
Ideally positioned fronting busy Varsity Parade and surrounded by a variety of established businesses, this property presents an exciting opportunity for buyers looking to operate a home business, professional practice or consulting space while enjoying the convenience of living on-site.
The front section provides excellent street presence and a professional business environment, while the substantial two-level family residence at the rear is privately accessed from Lonsdale Place.
Conveniently located close to Varsity Lakes commercial precinct, Market Square with its popular cafes, restaurants, supermarket and specialty stores, as well as schools, parks, Lake Orr and Bond University all close by.
COMMERCIAL / HOME BUSINESS SPACE - VARSITY PARADE FRONTAGE
Positioned on one level with direct access and excellent exposure to Varsity Parade, the front section features:
- Welcoming reception and waiting area.
- Separate private office.
- Dedicated treatment or consulting room.
- Air conditioning.
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Property Details for 122 Varsity Pde, Varsity Lakes

122 Varsity Pde, Varsity Lakes is a 4 bedroom, 3 bathroom DuplexSemi-detached with 2 parking spaces. The place is currently for sale with REMAX Property Centre.

Building Type
DuplexSemi-detached
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About Varsity Lakes 4227

The size of Varsity Lakes is approximately 5.9 square kilometres. There are 23 parks, covering nearly 10.6% of the total area. The population of Varsity Lakes in 2016 was 15026 people. By 2021 the population was 16493 showing a population growth of 9.8% 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 2021, 54.40% of the homes in Varsity Lakes were owner-occupied compared with 51.30% in 2016.

Varsity Lakes has 8,127 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 70.17% increase in median value, while Units have seen a 92.69% increase. As at 31 July 2026:

  • The median value for Houses in Varsity Lakes is $1,419,081 while the median value for Units is $997,662.
  • Houses have a median rent of $970 while Units have a median rent of $825.
There are currently 63 properties listed for sale, and 35 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 427 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

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Danny Woolbank
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Kb Seo
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REMAX Property Centre
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.