136/251 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

136/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 107m2
Land area: 2849m2
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Property Details for 136/251 Varsity Pde, Varsity Lakes

136/251 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 107m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
Unit
Year Built
2004
Floor Size
107m2
Land Size
2849m2
Local Government
Gold Coast City
Lot/Plan
136/SP151076

Last Listing description (March 2021)

Situated on the 5th floor to capture expansive views of Lake Orr and skyline views from North Burleigh to Burleigh Heads. This is a beautifully presented property with a spacious floor plan offering two bedrooms, two bathrooms and an open plan living, dining and kitchen combination. The Reserve is a resort style complex with an unbeatable location. Walking distance to Bond University, Varsity Primary and High Schools and Varsity Caf&aecute; Precinct. Custom built cabinetry throughout adding to the character of this impressive property.

Features:

2 spacious bedrooms

2 Bathrooms
2 car accommodation
Storage cage
Open plan living and dining
Gourmet kitchen
Stone benchtops
Stainless steel appliance
Large balcony
Expansive water and skyline views
Resort style complex
Lagoon pool with private beach
Gym
Steam room
BBQ area

Inspections are highly recommended and sure to impress. Owner occupied and vacant possession is available to the lucky new owner.

Property History for 136/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$500,000
08 Jan 2021
Listed for Rent
$440/w
23 Jul 2011
  • 08 Jan 2021
    Sold for $500,000
  • 16 Dec 2020
    Listed for Sale $499,000+
  • 11 Apr 2014
    Sold for $370,000
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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 8,110 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 30 properties listed for sale, and 26 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 391 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.