114/8 Varsityview CourtSippy Downs QLD 4556
Property Details for 114/8 Varsityview Ct, Sippy Downs
114/8 Varsityview Ct, Sippy Downs is a 4 bedroom, 4 bathroom Unit with 1 parking spaces and was built in 2004. While the property is not currently for sale or for rent, it was last sold in November 2024.
Last Listing description (December 2024)
Huge Investment Opportunity
Situated in the esteemed 'Varsity' university accommodation complex, this remarkable apartment offers an exceptional investment opportunity for the savvy investor.
Tailored for those seeking a reliable income source with minimal oversight, this 4-bedroom, 4-bathroom layout allows for individual leasing of each bedroom, maximizing great rental income and providing a seamless set it and forget it experience.
Property Features:
-Currently achieving an impressive gross rental income per week
-All four bedrooms are occupied by student tenants, ensuring steady cash flow
-Spacious open-plan living and dining areas, complete with air conditioning and a charming covered alfresco space
-Yearly pest management included
-Electricity included (Solar)
-24/7 Onsite security included
-Ceiling fans throughout
-Optic fibre
-Ideally located in a quiet corner of the complex, providing added privacy with no left or back neighbours
-Secure gated community with controlled access, undercover parking, and plentiful on-street parking
-Dedicated 24/7 on-site management team; amenities include two swimming pools, a tennis court, and a gym
-Centrally positioned just a short walk from the university, public transportation, shops, and cafes
-Less than a 15-minute drive to stunning beaches, major shopping centres, and easy access to the highway to Brisbane
-This apartment stands out as a prime investment in the thriving student rental market, offering both immediate returns and long-term potential in a well-maintained environment.
Property History for 114/8 Varsityview Ct, Sippy Downs, QLD 4556
- 28 Nov 2024Listed for Sale Guide $440,000
- 17 Nov 2023Listed for Sale Offers Invited
- 10 Nov 2023Sold for $385,000
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0About Sippy Downs 4556
The size of Sippy Downs is approximately 14.5 square kilometres. It has 20 parks covering nearly 57.6% of total area. The population of Sippy Downs in 2016 was 10298 people. By 2021 the population was 11544 showing a population growth of 12.1% in the area during that time. The predominant age group in Sippy Downs is 10-19 years. Households in Sippy Downs are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sippy Downs work in a community and personal service occupation.In 2021, 51.60% of the homes in Sippy Downs were owner-occupied compared with 52.40% in 2016.
Sippy Downs has 4,909 properties. Over the last 5 years, Houses in Sippy Downs have seen a 80.95% increase in median value, while Units have seen a 175.67% increase. As at 31 March 2026:
- The median value for Houses in Sippy Downs is $1,121,588 while the median value for Units is $726,643.
- Houses have a median rent of $775 while Units have a median rent of $630.
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