27/7-15 Varsityview Court, Sippy Downs, QLD 4556 sold on 13 December 2024 | OnTheHouse
SOLD
Sold on 13 Dec 2024 for $485,000

27/7-15 Varsityview Court
Sippy Downs QLD 4556

Bedrooms: 4
Bathrooms: 4
Car spaces: 2
Land area: 103m2
Sold By
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Creed Property Group
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Property Details for 27/7-15 Varsityview Ct, Sippy Downs

27/7-15 Varsityview Ct, Sippy Downs is a 4 bedroom, 4 bathroom Unit with 2 parking spaces and was built in 2003. The property has a land size of 103m2. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 4 bedroom Unit sold in Sippy Downs in the last 12 months.

Building Type
Unit
Year Built
2003
Land Size
103m2
Local Government
Sunshine Coast Regional
Lot/Plan
27/SP114831

Last Listing description (January 2025)

Discover a remarkable cash flow opportunity. This spacious 4-bedroom, 4-bathroom residential unit is located on the 2nd floor, offering stunning views of the University wetland. With four separately leased rooms, each featuring its own ensuite, built-in robe, and desk, this property is perfect for attracting university students looking for quality accommodation.

The Uni Central complex boasts a wealth of amenities, including a 25-meter lap pool, tennis and basketball courts, beach volley ball court and large indoor common areas. With several communal BBQs, residents can enjoy a vibrant community atmosphere. Onsite management and security ensure a hassle-free living experience, making this property a highly sought-after investment.

Currently generating a total weekly rent of $940, this unit offers approximately a 10% gross yield. With easy access to the Sunshine Coast University via a convenient pathway, and a gated complex with two parking spaces, this investment is truly a standout opportunity. Don?t miss your chance?schedule an inspection today!

Exciting features:
- Powerful R.O.I always in high demand. Approximately 10% Gross yielding
- Body Corporate Fee - $9,700 PA
- Management fees ? 8.7% PW*
- Residential Managers Onsite
- Manned Security
- Landscape/Groundsmen Onsite
- Quick & Easy Walking Access To The Sunshine Coast University via pathway
- Gated Complex
- 2 x Parking spaces in the complex- (1 undercover Car Park In Complex )

The current lease agreements are as follows:
Leases:
Room A $235/week expiring 1/02/2025

Room B $230/week expiring 10/2/2025 - Open to renew @ $245/Week

Room C $245/week expiring 20/6/2025

Room D $240/ week expiring 16/12/2025, Rent Increase starts on 21/09/2025
The New Rent is $245.00 Weekly

Please contact Jack Ryan on 0409 635 621 for more details about this exciting investment opportunity.

Property History for 27/7-15 Varsityview Ct, Sippy Downs, QLD 4556

A timeline of how this property has performed in the market
Last Sold
$485,000
13 Dec 2024
Listed for Rent
$196/w
25 Jan 2022
  • 13 Dec 2024
    Sold for $485,000
  • 27 Nov 2024
    Listed for Sale Not Disclosed
  • 05 Jul 2021
    Listed for Rent $196 / week
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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 82.84% increase in median value, while Units have seen a 122.42% increase. As at 30 November 2025:

  • The median value for Houses in Sippy Downs is $1,034,240 while the median value for Units is $662,488.
  • Houses have a median rent of $750 while Units have a median rent of $625.
There are currently 20 properties listed for sale, and 8 properties listed for rent in Sippy downs on OnTheHouse. According to Cotality's data, 249 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.