163/251 Varsity Parade, Varsity Lakes, QLD 4227 | Apartment for sale | OnTheHouse
 
FOR SALE
Offers over $1,195,000

163/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Renovated Retreat with Peaceful Waterfront Views

Welcome to this beautifully renovated two-bedroom, two-bathroom first-floor apartment, perfectly positioned within the exclusive waterfront community of The Reserve. From the moment you step inside, you'll appreciate the natural light and peaceful surroundings, with stunning views across Lake Orr visible from nearly every room. With a private outlook and a beautifully renovated interior, this home offers an exceptional combination of comfort, tranquility and lifestyle.
Thoughtfully renovated throughout, the air-conditioned apartment presents as completely move-in ready. The renovation includes a brand-new ensuite and laundry, a beautifully refurbished main bathroom, new timber-look flooring to the living areas, new carpet to the bedrooms, fresh paint throughout, new block-out curtains and sheers, and new ceiling fans. Every element has been carefully considered to create a stylish and comfortable home.
At the heart of the apartment, the brand-new kitchen combines functionality with contemporary style. A stunning stone waterfall benchtop and breakfast bar are complemented by elegant brushed brass tapware, feature tile splashback and a high-quality induction cooktop. The open-plan living and dining area provides plenty of space for relaxed everyday living, with the new timber-look flooring adding warmth and a sophisticated finish.
The spacious, fully covered main balcony flows seamlessly from the living area and is a standout feature of the home. With no other units directly overlooking it, the balcony provides a wonderful sense of privacy and an uninterrupted waterfront outlook. There is ample room for a barbecue and outdoor dining setting, making it perfect for year-round entertaining or simply relaxing and enjoying the view. The master bedroom also features its own private covered balcony, offering a peaceful retreat for morning coffee or unwinding at the end of the day.
The master suite benefits from a generous walk in robe and brand-new ensuite, while the second bedroom is complete with built-in mirror-door robes.The main bathroom has also been tastefully refurbished, featuring brushed nickel tapware, a stone benchtop and stylish floor-to-ceiling tiles.
Residents of The Reserve enjoy a peaceful and friendly community surrounded by tropical gardens and beautiful waterfront scenery. The fully secure complex offers an impressive array of resort-style facilities, including a huge wrap-around pool with sun chairs, a private exclusive sandy beach, residents' lounge with kitchen, two gyms, two spas, cinema, library and a viewing deck. Private waterfront beach and boardwalk access connects through a pedestrian gate to the public walkway around Lake Orr, providing a beautiful setting for morning walks, evening strolls and easy access towards Varsity Town Centre and the surrounding parklands.
Everyday convenience is also close at hand, with Blackboard Café, the post office, convenience stores and a range of dining options nearby. The new Varsity Coles and Bond University are just a few minutes away, while tandem basement parking and a separate secure storage cage add further practicality. Combining wide waterfront views, a quality renovation, exceptional resort-style facilities and an enviable location, this is a truly special opportunity to enjoy a relaxed waterfront lifestyle.
Key Features
• Two-bedroom, two-bathroom first-floor apartment
• Fully renovated throughout in 2025
See More

Property Details for 163/251 Varsity Pde, Varsity Lakes

163/251 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The place is currently for sale with COASTAL °.

Building Type
Apartment
Commute Calculator

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 8,131 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 67 properties listed for sale, and 39 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 434 properties were sold in the past 12 months in Varsity lakes.

Varsity Lakes Profile Page

Suburb Insights for Varsity Lakes 4227

Visit Varsity Lakes profile page
Market Insights
Varsity Lakes Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Varsity Lakes Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Varsity Lakes profile page
Contact agent
agent headshot
Guy Powell
Show contact details
Call agent
agent headshot
Josie Ross
Show contact details
Call agent
COASTAL °
Preferred contact:
Privacy Policy
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED