77/4-20 Varsityview CourtSippy Downs QLD 4556
Property Details for 77/4-20 Varsityview Ct, Sippy Downs
77/4-20 Varsityview Ct, Sippy Downs is a 4 bedroom, 4 bathroom Unit with 1 parking spaces.
Last Listing description (June 2019)
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 fully self-contained and furnished apartment has 4 lockable bedrooms incorporating its own ensuite. Each bedroom rents for $196 p/w to $210 p/w or avg. $3,350 per month depending on the semester.
Current leases:
- Room 1: Leased till 06/01/2020 @ $196 p/week
- Room 2: Leased till 06/01/2020 @ $196 p/week
- Room 3: Leased till 06/01/2020 @ $196 p/week
- Room 4: Leased till 01/07/2019 @ $210 p/week
Total weekly rent: $798.00
Property features:
- 4 beds
- 4 en-suites
- Common lounge room/dining
- A/C in living area
- Potential 7.5% 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
NOTE: You will need a 40% deposit in either cash or property equity - financial lenders requirement.
Property History for 77/4-20 Varsityview Ct, Sippy Downs, QLD 4556
- 11 Jun 2019Listed for Sale $235,000 negotiable
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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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