12/255 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
 
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12/255 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Last updated 19 Jan 2026
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Property Details for 12/255 Varsity Pde, Varsity Lakes

12/255 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 2006. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
2006
Local Government
Gold Coast City
Lot/Plan
12/SP164872

Last Listing description (April 2018)

RARE OUTDOOR LIVING IN AN APARTMENT

The Capes is one of the most sought after complexes in Varsity Lakes with its prestigious position on the shores of Lake Orr and right behind Bond University, and whether you are an investor or looking to downsize you need to be quick to be the proud owner of this wonderful home. This 2 bedroom, 2 bathroom apartment has a wonderful design with a huge outdoor balcony that runs the whole length of the property and steps that lead down to your grassed backyard and your own personal exit/entrance.
The master ensuite has shower and vanity but also a bath with shutters opening through to the large bedroom. The kitchen has ample storage and a huge island bench and stacker sliding doors open off the large living area onto the undercover area of the deck where you can enjoy hours entertaining or watching the sun go down. The second bedroom and bathroom are on the other side of the apartment giving privacy. There is also an internal laundry and good storage with the apartment.
Features Include:-

- Open Plan kitchen with dishwasher and island bench
- Large living/dining room opening onto oversized deck
- Master bedroom with ensuite
- Second bedroom with separate bathroom
- Internal Laundry
- Huge outdoor deck area running the length of the apartment
- Split system air conditioner
- Large grassed area perfect for pets
- 2 car parks
- Storage cage
- Huge swimming pool overlooking Lake Orr
- Gymnasium
- BBQ areas
With a gate to Bond University at your back door and cafes and restaurants 2 minutes walk away this property is set in the middle of Varsity Lakes. There are 22 kms of walkways around Lake Orr that begin at the Capes and public transport is also at your doorstep. Robina Town Centre and Hospital are less than 10 minutes away and it is only 15 minutes to Burleigh Beach.

This property is being sold without a price and therefore a price guide cannot be provided. The website may have filtered the property into a price bracket for website functionality purposes only.

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Property History for 12/255 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$474,000
03 Feb 2021
  • 20 Mar 2018
    Sold for $420,000
  • 27 Feb 2018
    Listed for Sale OFFERS OVER $425,000
  • 09 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 8,094 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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© 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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