323/29 - 49 Varsity Parade, Varsity Lakes, QLD 4227 | Apartment for sale | OnTheHouse
FOR SALE
Offers over $899k

323/29 - 49 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 106m2
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Modern top floor 2 Bedroom Unit with Lake Orr Views

Discover the perfect combination of comfort and convenience with this spacious, south facing 2-bed, 2-bath apartment complete with 2 secure car park spaces side by side.<br><br>Located within the Edgewater Residences complex on the north side of Lake Orr.<br><br>Expansive views of the Western end of Lake Orr and through to Burleigh Headland and Mount Warning in the distance.<br><br>This immaculately kept unit is a bright well-lit space in a quiet setting, with bedrooms either side of the open plan living area.<br><br>Property Features:<br>Open-plan living with ample space for a sitting and dining area, leading out to a covered balcony with views and plenty of space for an outdoor dining set.<br>Quality woollen carpet through living areas.<br>Two generously sized bedrooms, one with walk through wardrobe and ensuite bathroom.<br>Modern kitchen with good storage including a pantry and separate laundry<br>2 secure car spaces side by side as well as onsite visitors parking.<br>View of Lake Orr, walking track and the lake from all windows giving a bright and open feeling<br>Quiet location, with walking distance to everything you need.<br>Situated on the top level (2nd floor) with a walk up from the carpark for easy access to the apartment.<br><br>Important Information, refer to disclosure statement to confirm<br>Two bedroom, two bathroom apartment with two car spaces.<br>Potential Rental at $850 to $900 per week<br>Rates: $1,171.68 for last rates notice, issued every 6 months<br>Water: Approx $75 per quarter<br>BC Levies: $110 per week (including 20% pay on time discount)<br><br>Unbeatable Location:<br>Just a short drive from Robina Town Centre shopping, dining & entertainment nearby in Market Square as well as Varsity train station<br>Seamless access to the M1 and 10 minute drive to the Gold Coast beaches such as Burleigh Heads, and Nobby's beach.<br><br>The apartment is walking distance to the Lake Orr walking track, numerous parks and public transport.<br>Aldi shopping centre is a short walk across the Lake Orr bridge.<br>Varsity Lakes sport house and boat shed and the popular Varsity College - Primary and Secondary campus.<br><br>The facilities within Edgewater Residences are exceptional, with beautiful gardens, a large Gym, BBQ area, 20 meter lap pool, and table tennis games room.<br><br>Fibre to home broadband internet is also available via the Opticom network.<br><br>This unit offers high rental return making it a smart choice for potential investors while still perfectly suiting owner occupiers<br><br>Contact on-site managers and Real estate agent Amy and Shaun at Edgewater Residences to arrange a private inspection.<br><br>For inspections, dial 99 bell at the Edgewater Residences gate to contact the manager's office.<br><br>Onsite office next to the pool.<br>Visitor parking available inside the complex.<br><br>Features include: Air conditioning,Intercom,Ensuite(s),In ground pool,Secure parking,Balcony,Floorboards,Split system air conditioning,Gym,Broadband,Built in robes,Pay TV,Dishwasher,Reverse cycle air conditioning

Property Details for 323/29 - 49 Varsity Pde, Varsity Lakes

323/29 - 49 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a land size of 106m2. The place is currently for sale with Custom Realty Group.

Building Type
Apartment
Land Size
106m2
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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 8,129 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 39 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 433 properties were sold in the past 12 months in Varsity lakes.

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Amy Qin
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Custom Realty Group
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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.