103/251 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

103/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 105m2
Land area: 2849m2
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Property Details for 103/251 Varsity Pde, Varsity Lakes

103/251 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2003. The property has a land size of 2849m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in March 2016.

Building Type
Unit
Year Built
2003
Floor Size
105m2
Land Size
2849m2
Local Government
Gold Coast City
Lot/Plan
103/SP151076

Last Listing description (December 2016)

Enjoy elevated water views from this immaculate apartment in The Reserve. This apartment is situated on the 4th floor and is currently tenanted at $565 per week. Offering a great 2 bedroom 2 bathroom floor plan in this highly sought after resort style complex. Features:2 spacious bedrooms2 bathrooms2 car accommodationgourmet kitchengranite bench topsstainless steel appliancesspacious balcony resort style facilitieslift accessThe Reserve is ideally located on the foreshore of Lake Orr in Varsity Lakes and directly opposite internationally acclaimed Bond University. With resort style facilities such as a lagoon style pool, gym, spa, theatre and library, this lifestyle is hard to beat. Inspections are highly recommended.

Property History for 103/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$401,300
30 Mar 2016
Listed for Rent
$420/w
13 Oct 2009
  • 30 Mar 2016
    Sold for $401,300
  • 11 Mar 2016
    Listed for Sale UNDER CONTRACT
  • 02 Aug 2011
    Sold for $360,000
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About Varsity Lakes 4227

The size of Varsity Lakes is approximately 5.9 square kilometres. It has 23 parks covering nearly 10.6% of total area. The population of Varsity Lakes in 2016 was 15026 people. By 2021 the population was 16493 showing a population growth of 9.8% in the area during that time. The predominant age group in Varsity Lakes is 30-39 years. Households in Varsity Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Varsity Lakes work in a professional occupation.In 2021, 54.40% of the homes in Varsity Lakes were owner-occupied compared with 51.30% in 2016.

Varsity Lakes has 8,095 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 98.15% increase in median value, while Units have seen a 98.82% increase. As at 31 December 2025:

  • The median value for Houses in Varsity Lakes is $1,353,363 while the median value for Units is $910,743.
  • Houses have a median rent of $870 while Units have a median rent of $800.
There are currently 35 properties listed for sale, and 29 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 396 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

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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.