128/251 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
 
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128/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 103m2
Land area: 2849m2
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Last updated 19 Jan 2026
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Property Details for 128/251 Varsity Pde, Varsity Lakes

128/251 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2002. The property has a land size of 2849m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in July 2009.

Building Type
Unit
Year Built
2002
Floor Size
103m2
Land Size
2849m2
Local Government
Gold Coast City
Lot/Plan
128/SP151076

Last Listing description (January 2023)

This stylish UNFURNISHED 2 bedroom apartment is located in the heart of Varsity Lakes CBD, only a stones throw away to the Bond University and local Restaurants & Cafes.

This property features:
- Two spacious bedrooms, master bedroom with ensuite and walk in robe

- Modern bathroom with bath and shower combo for convenience
- Well equipped kitchen with dishwasher and electric appliances
- Spacious open plan living and dining area
- Large entertaining balcony + private master balcony
- Ample storage space and air-conditioned living area
- Seperate laundry including dryer
- Tandem car space
- Storage cage is NOT included
- Property is UNFURNISHED

Complex features;
- Sandy beach style resort pool + Bali huts
- Multiple pristine swimming areas including lap pool
- Modern gym, sports & entertainment area
- Spa, Sauna & Steam room + relaxation zones
- Picturesque lake views, grass and BBQ area for entertaining

Please ensure to register on the inspection time provided. Agents will enforce compliance with government recommendations surrounding Covid-19 and will only allow the advised number of people to enter the property during the inspection.

DISCLAIMER: Whilst every effort has been made to ensure the accuracy of these particulars, no warranty is given by the Landlord or the agent as to their accuracy. Interested parties should not rely on these particulars as representations of fact but must instead satisfy themselves by inspection or otherwise.

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Property History for 128/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$375,000
21 Jul 2009
Listed for Rent
$700/w
23 Dec 2022
  • 14 Oct 2022
    Listed for Rent - Price not available
  • 18 Sep 2020
    Listed for Rent $540 / week
  • 14 Dec 2019
    Listed for Rent $530 / week
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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, 399 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.

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.

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