16/8 Varsityview CourtSippy Downs QLD 4556
Property Details for 16/8 Varsityview Ct, Sippy Downs
16/8 Varsityview Ct, Sippy Downs is a 4 bedroom, 4 bathroom Unit with 1 parking spaces. The property has a land size of 91m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 4 bedroom Unit sold in Sippy Downs in the last 12 months.
Last Listing description (August 2025)
PerryCooper Property is proud to present 16/8 Varsity View Court, Sippy Downs, a rare high-yield investment opportunity in the tightly held Varsity Complex. Just a short 5-minute walk from the University of the Sunshine Coast, this four-bedroom, four-bathroom apartment is designed for student living and already has four tenants in place. Each room is leased separately, creating diversified income streams and reduced vacancy risk. With three tenants paying $252 per week and one tenant paying $245 per week, the property generates approximately $1,001 per week or $52,000 annually, delivering an outstanding 11.6% gross yield based on a $450,000 purchase price.
The Varsity Complex is highly sought after by students, offering a lifestyle of convenience, community, and resort-style facilities. Purpose-built for student accommodation, it provides peace of mind for investors with onsite management, consistently low vacancy rates, and strong rental demand from both domestic and international students. This is a set-and-forget opportunity that combines location, lifestyle appeal, and strong financial performance.
• Four self-contained bedrooms, each with private ensuite, built-in robe, fan & lockable door
• Each room rented separately – reduces vacancy risk & maximises returns
• Approx. 11.6% gross yield at $450,000 purchase price
• Fully furnished with shared kitchen & open-plan living/dining
• Private balcony plus single car space for added tenant appeal
• Resort-style facilities: 2x pools, tennis & basketball courts, games room & gym
• Secure gated complex with professional onsite management
• 5-minute walk to Sunshine Coast University, shops, cafes & transport
• Consistently high rental demand with historically low vacancy rates
Property History for 16/8 Varsityview Ct, Sippy Downs, QLD 4556
- 30 Aug 2025Sold for $455,000
- 04 Apr 2018Sold for $237,000
- 07 Jul 2015Sold for $215,000
Recent sales nearby
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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 4,891 properties. Over the last 5 years, Houses in Sippy Downs have seen a 80.98% increase in median value, while Units have seen a 119.91% increase. As at 31 October 2025:
- The median value for Houses in Sippy Downs is $1,014,061 while the median value for Units is $644,040.
- Houses have a median rent of $750 while Units have a median rent of $623.
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