113/251 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

113/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 112m2
Land area: 2849m2
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Property Details for 113/251 Varsity Pde, Varsity Lakes

113/251 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 112m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
2004
Floor Size
112m2
Land Size
2849m2
Local Government
Gold Coast City
Lot/Plan
113/SP151076

Last Listing description (November 2018)

If you are looking to lie on your own sandy beach, around an amazing pool, overlooking the blue waters of Lake Orr, then look no further than this fabulous 2 bedroom apartment situated in one of the most sought after complexes in the southern Gold Coast - 'The Reserve .
With two bedrooms and two bathrooms separated by the living area there is space and privacy for everyone. The master bedroom boasts a walk through wardrobe as well as a good sized ensuite with a new toilet. The large, air conditioned, living area has space for a study area as well as an ample dining room space next to the kitchen which has modern appliances including a brand new dishwasher (under warranty) and stone bench tops.
The living and master bedroom both open onto your deck area where you will be able to relax and enjoy wonderful sunsets over the mountains.

There is an internal laundry complete with dryer and an IKEA shoe cabinet at the entrance way.
The hot water system and all tap-ware have been replaced throughout the home and lights have been changed to LED in some areas. An added bonus is 2 secure under cover car parks and a 2.10 x 2.6 metre sized storage cage.
The facilities at The Reserve are seconded to none, so as well as the huge swimming pool, you also have a spa, sauna and plunge pool, gym, library and movie theatre. With amazing views over Lake Orr and the entrance to the Boardwalk which leads to 22 kms of walkways around Varsity Lakes.
Features Include:
- Master bedroom with ensuite and walk through robe and entry to balcony
- Second bedroom with double built ins
- Family bathroom
- Spacious Open Plan Living/Dining room with space for an office
- Kitchen with modern appliances and stone bench tops
- Large Balcony with views of Broadbeach and mountains
- Internal Laundry
- Fans throughout
- IKEA shoe cabinet
- 2 car parks
- Storage cage
- Amazing pool with its own sandy beach
- Spa pool in private grotto
- Well- equipped gymnasium and sauna
- Pool table and library
- On site Management
With its own private entrance to Bond University and walking distance to Varsity College the position is unbeatable. Varsity cafes and restaurants are also right on your doorstep. With the train station an 8 minute drive away and easy access to Robina Town Centre and M1 you will love where you live!

Property History for 113/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$500,000
05 Jul 2021
Listed for Rent
26 Nov 2013
  • 05 Jul 2021
    Sold for $500,000
  • 07 Aug 2018
    Sold for $415,000
  • 01 Aug 2018
    Listed for Sale Offers over $399,000
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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, 397 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.