106/251 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
 
OFF MARKET

106/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 107m2
Land area: 2849m2
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Last updated 19 Jan 2026
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Property Details for 106/251 Varsity Pde, Varsity Lakes

106/251 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 2849m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in October 2014.

Building Type
Unit
Year Built
2004
Floor Size
107m2
Land Size
2849m2
Local Government
Gold Coast City
Lot/Plan
106/SP151076

Last Listing description (October 2014)

COSMOPOLITAN LIFESTYLE AT YOUR DOORSTEP
Enjoy views from this elevated North Easterly apartment. The Reserve is Varsity Lake's premier apartment complex with resort style features and perfectly positioned directly across the road from world renowned Bond University. The apartment itself is open plan with spacious living and bedrooms. Quality finishes and stainless steel appliances. Features: 2 spacious bedrooms 2 bathrooms gourmet kitchen 2 car accommodation storage cage 2 balconies resort style facilities Walking distance to Varsity restaurant precinct, Varsity Schools and public transport. Robina Mall and Burleigh heads beach is also a short drive away. Inspections are highly recommended. Balcony, Built-In Wardrobes, Close to Schools, Close to Shopping Centre, Dishwasher, Entertaining A

Property History for 106/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$373,000
03 Oct 2014
Listed for Rent
$570/w
14 Apr 2020
  • 03 Oct 2014
    Sold for $373,000
  • 10 Feb 2014
    Listed for Sale $399,000
  • 15 Oct 2011
    Listed for Rent - Price not available
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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.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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