114/8 Varsityview Court, Sippy Downs, QLD 4556 | Property Value & History | OnTheHouse
OFF MARKET

114/8 Varsityview Court
Sippy Downs QLD 4556

Bedrooms: 4
Bathrooms: 4
Car spaces: 1
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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.

Building Type
Unit
Year Built
2004
Local Government
Sunshine Coast Regional
Lot/Plan
114/SP151749

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

A timeline of how this property has performed in the market
Last Sold
$447,500
28 Nov 2024
  • 28 Nov 2024
    Listed for Sale Guide $440,000
  • 17 Nov 2023
    Listed for Sale Offers Invited
  • 10 Nov 2023
    Sold for $385,000
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About 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 4,892 properties. Over the last 5 years, Houses in Sippy Downs have seen a 85.08% increase in median value, while Units have seen a 125.12% increase. As at 31 December 2025:

  • The median value for Houses in Sippy Downs is $1,061,659 while the median value for Units is $683,880.
  • Houses have a median rent of $750 while Units have a median rent of $620.
There are currently 15 properties listed for sale, and 5 properties listed for rent in Sippy downs on OnTheHouse. According to Cotality's data, 246 properties were sold in the past 12 months in Sippy downs.

Suburb Insights for Sippy Downs 4556

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Cotality Copyright and Legal Disclaimers about Property Data
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.