121 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

121 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 128m2
Land area: 125m2
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Property Details for 121 Varsity Pde, Varsity Lakes

121 Varsity Pde, Varsity Lakes is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 125m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last transferred in November 2014.

Building Type
Unit
Year Built
2008
Floor Size
128m2
Land Size
125m2
Local Government
Gold Coast City
Lot/Plan
5/SP198493

Last Listing description (November 2014)

Warehouse living doesn't get any better than this in the heart of Varsity Lakes. Soaring ceilings, polished concrete floors, exposed beams - you'll be amazed at the spaciousness these tightly held, low maintenance loft houses contain. LIVE in the maintained grounds of The Landing in your freehold home; LEARN at Bond Uni only minutes down the road; WORK in nearby Varsity Central or even from home; and PLAY on Lake Orr or at the caf's/restaurants a stroll away.

- 2 level designer warehouse style loft home

- Gold Coast City Council approved for Commercial home business activities
- Located at 'The Landing" Varsity Lakes

Ground Floor

- Exudes an industrial vibe with polished concrete floors
- Exposed timber ceilings
- New York loft style kitchen complete with gas cook top, wall oven & range hood
- Adjoining your own private courtyard
- Huge windows plus the long flow through design creates filtered sunlight throughout
- Convenient powder room
- Lock up garage with remote door
- Ample off street parking close by
- Air conditioned and ceiling fans

Mezzanine Level

- Versatile space for one or two bedrooms, it's your choice
- Overlooks the soaring 2 storey high ceilings in the entry void
- Also overlooks the private courtyard to the rear
- Warehouse style polished plywood flooring
- Light filled bathroom

Additional Information

- Total living area 128m2- Ground floor approx 65m2 (inc living room, garden & entry)-Mezzanine approx 39m2, Garage approx 24m2 - on 125m2 of freehold land
- Ideal business exposure direct to Varsity Parade
- Wired with high speed internet fibre optics
- Use of private lakeside BBQ facilities in The Common
- Body Corporate maintains open space and internet fibre optics
- Body Corporate fees $884.40 per annum ($17.00 per week)
- Short lakeside boardwalk to trendy Varsity Central caf and business precinct
- Around 1km to Bond University
- Around 2.5km to Varsity Train Station
- Less than 15 minutes (or 7 km) to Surf Beach
- Investing? Rent appraised at $400-$435 per week
- GCCC Rates $1534 per annum

Property History for 121 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Transferred
$382,000
22 Nov 2014
Listed for Rent
$450/w
23 Mar 2017
  • 17 May 2022
    Transferred for $233,333
  • 23 Mar 2017
    Listed for Rent - Price not available
  • 22 Nov 2014
    Sold for $382,000
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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 8,094 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 33 properties listed for sale, and 32 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 398 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.