73/4-20 Varsityview CourtSippy Downs QLD 4556
Property Details for 73/4-20 Varsityview Ct, Sippy Downs
73/4-20 Varsityview Ct, Sippy Downs is a 4 bedroom, 4 bathroom Unit with 1 parking spaces. The property has a land size of 92m2.
Last Listing description (October 2018)
Varsity Apartment's Investment Opportunity
Resort lifestyle within walking distance of the Sunshine Coast University. This entry level investment opportunity offers a secure complex ticking all the boxes for the investor and a very sought-after rental return.
The Varsity complex, offers affordable student accommodation to our local and out of town University students. It also offers loads of extra benefits including a 30 meter lap pool, another leisure pool, tennis court, basketball court, large indoor common area, gym and several communal areas.
This is a great investment for the family with son or daughter attending the Sunshine Coast University needing accommodation and security, while at the same time, giving you the investor, a handsome return as you rent the other 3 rooms.
Current leases as follows:
73 (A) 9th July - 10th December 2018 @ $210 per week
73 (B) 9th July - 24th June 2019 @ $196 per week
73 (C) 9th July - 10th December 2018 @ $210 per week
73 (D (Short term booking, 6th August - 5th September) @ $280 per week
Property features:
- 4 beds, 4 ensuite's
- Common lounge room/dining
- Air conditioning in living area
- Potential 9% Net R.O.I
Complex features:
- Large leisure pool & additional 30m lap pool
- Large indoor communal/games room
- Outdoor beach volleyball court
- Indoor gym
- On-site management
- Full time gardeners & on-site care takers
- Quick & easy walking access to the Sunshine Coast University
- Undercover car park in complex & on-street parking
- Gated & secure complex
Don't delay, enquire today! These properties don't last long on the market so enquire today to collect all the financials plus further important information you will need to know about this fantastic investment property.
NOTE: You will need a 40% deposit in either cash or property equity - financial lenders requirement.
Disclaimer: Pictures featured are of another unit in the complex & don't necessarily represent the actual unit for sale.
Property History for 73/4-20 Varsityview Ct, Sippy Downs, QLD 4556
- 06 Aug 2018Listed for Sale Now $239,000
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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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