1204/397 Christine Avenue, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

1204/397 Christine Avenue
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 100m2
Land area: 4777m2
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Property Details for 1204/397 Christine Ave, Varsity Lakes

1204/397 Christine Ave, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2017. The property has a land size of 4777m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in June 2024.

Building Type
Unit
Year Built
2017
Floor Size
100m2
Land Size
4777m2
Local Government
Gold Coast City
Lot/Plan
1204/SP288458

Last Listing description (October 2024)

Nestled along the tranquil boardwalks of Lake Orr emerges a rare gem at 1204/397 Christine Avenue, Varsity Lakes, proudly presented by Mitch Harrop. This apartment stands apart with one of the most expansive floorplans within the complex, spanning an extraordinary 130sqm, promising a lifestyle of unparalleled luxury.

Step inside, and you'll be immediately transported into a world of grandeur and space. The open-plan living and dining areas seamlessly blend, leading to a sprawling outdoor balcony, offering breathtaking, unobstructed views of Lake Orr.

Crafted with modern living in mind, this home marries opulence with functionality flawlessly. Every corner exudes contemporary elegance, with state-of-the-art amenities and conveniences at your fingertips. Whether you're envisioning your dream home or seeking to maximize its investment potential, this remarkable apartment offers an opportunity like no other.

Boasting Home Features Include:

* Expansive tiled open-plan living and dining area flows effortlessly to a generously sized covered balcony
* Sprawling east-facing balcony with uninterrupted views of picturesque Lake Orr
* Gourmet kitchen, boasting stone benchtops, Miele appliances, and ample storage space
* Two spacious bedrooms, each accompanied by contemporary bathrooms
* Master bedroom complete with an ensuite, four-door wardrobe and scenic views
* Separate study nook is ideal for remote work or studying
* Ample storage solutions throughout, including a separate laundry
* Enjoy year-round comfort with ducted air-conditioning featuring zoned climate control
* Rest assured with secure basement parking and ample visitor spots available
* Access the building effortlessly with key entry and an intercom system
* Pet-friendly with approval from the Body Corporate

Council Rates: Approx. $1,200 bi-annually
Water Rates: Approx. $420 per quarter
Body Corporate: Approx. $90 per week
Rental Appraisal: $800 - $825 per week

Tenanted until January 2025 for $720 per week
(Potential occupancy Oct/Nov 24)

Boasting Location Features Include:

* Over 5km of Lakeside, boardwalks provide endless hours to exercise and enjoy nature
* Walking distance to Bond University, Varsity Schools, Aldi Supermarket, Caf? and Bus Stop
* Varsity Primary School & Varsity Secondary College school catchment
* 10 minutes drive to Gold Coast's golden sandy beaches

"South Lakes at Varsity" offers impressive resort-style facilities, including a resort size pristine swimming pool, BBQ and entertaining area, spa, sauna, well-equipped weights and cardio gymnasiums, golf simulator, theatre, plus an additional resident's lounge, all set amongst beautifully landscaped gardens on the edge of Lake Orr.

For more information contact your local agent Mitch Harrop today!

Disclaimer:
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
* denotes approximate measurements.

Property History for 1204/397 Christine Ave, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$825,000
17 Jun 2024
Listed for Rent
$515/w
20 Jun 2019
  • 18 Oct 2024
    Listed for Sale Offers over $789,000
  • 17 Jun 2024
    Sold for $825,000
  • 22 May 2024
    Listed for Sale Offers over $789,000
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About Varsity Lakes 4227

The size of Varsity Lakes is approximately 5.9 square kilometres. There are 23 parks, covering nearly 10.6% of the 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 20-29 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 8,109 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 77.66% increase in median value, while Units have seen a 101.59% increase. As at 31 May 2026:

  • The median value for Houses in Varsity Lakes is $1,406,103 while the median value for Units is $1,018,407.
  • Houses have a median rent of $950 while Units have a median rent of $810.
There are currently 63 properties listed for sale, and 28 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 419 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.