149/251 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

149/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 202m2
Land area: 2849m2
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Property Details for 149/251 Varsity Pde, Varsity Lakes

149/251 Varsity Pde, Varsity Lakes is a 3 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 202m2. While the property is not currently for sale or for rent, it was last sold in April 2017.

Building Type
Unit
Year Built
2004
Floor Size
202m2
Land Size
2849m2
Local Government
Gold Coast City
Lot/Plan
149/SP151076

Last Listing description (May 2017)

This double storey penthouse will impress with it's size, views, location and facilities. This is just one of four penthouses in the 'Sea Eagle' on the 6th level of The Reserve Apartments.
Those looking to entertain, you will love the layout, there is 440sqm of space, with the three balconies and sun-deck offering a combined space of over 230sqm.
Solid timber floors in living and kitchen, open plan living and easy access to easterly balcony with views to Burleigh Heads, Lake Orr, Broadbeach and Surfers Paradise cityscape.

The upstairs family room has many options and could be converted into another bedroom or potential home/office.
The top floor 'sun deck' needs to be seen to be believed, many opportunities exist here.
The property is currently rented for $800 per week with a lease until early July 2017, the tenant is happy to stay on.
Large Buffet kitchen with Granite tops
*Ducted air-conditioning
*Balconies from two of the bedrooms
*440sqm of living space-on title
*2 Car spaces and storage spaces on title
*Resort Facilities
*Free Form Pool with Beach
*Gym, Spa, Sauna, Library
*24 Hour security and management.
*$145 per week Body Corporate
*$944.25 per quarter Council and Water Rates
*$750 per week rent returns up to $900 if furnished
*Lift accessible
*Pet Friendly with body corporate approval
*External painting schedule is currently being undertaken
*Motivated sellers will consider all offers.

Property History for 149/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$890,000
12 Apr 2017
Listed for Rent
$800/w
23 Jul 2011
  • 12 Apr 2017
    Sold for $890,000
  • 15 Feb 2017
    Listed for Sale CONTACT AGENT
  • 18 Jan 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 8,095 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 30 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.

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.