157/1-7 Moores Cres, Varsity Lakes is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 80m2 and floor size of 65m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
When location and returns matter look no further than the Chancellor Apartments! Offering exceptional value from $369K+ this 1 bedroom apartment is ready for you to make your mark. You can continue renting or move in and make it your own. This is an ideal abode for students, investors, downsizers, singles & first home buyers. Don't delay, now is the time to get into the market and get yourself a property. For the studious, Bond University and Varsity College are just a 5 minute walk. Investors will reap the returns of $420 per week permanently (till Aug 22) or $150 per night holiday letting. Those looking to downsize from your existing home this complex offers a resort style pool and gym overlooking Lake Orr! For first home buyers this one is priced to go so be quick to stake your claim.
1 Bedroom
1 Bathroom
Outgoings
Body Corp $129 per week
Council Rates $1,800 per annum
Water Rates $330
Income
$420 per week (leased till 17th August)
Central Varsity Highlights
Loads of Community Events such as "Winterfest" and street festivals
Live Music and Trivia Nights
Walking Distance to every shop and Cafe in a 150 metre radius
Achtung! Authentic German Bakery right at your doorstep
Comfort Coffee & Donuts from D point 10
The Rusty Barrel Tapas Bar and Whisky- Yum! Live Music Saturday and Sunday
Bottoms up! The Lake Brewhouse fantastic Lakeside position
CBD hotel - Have a punt and a meal.
IGA Convenience - Fantastic for essentials just 150 metres away!
Varsity College - 100 metres away
Lakeside walks are waiting for you, kilometres of walking tracks
5 min walk to Bond University - perfect for your son or daughter!
*All figures are approximates
Disclaimer: Some photos are for reference only
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 8,109 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 97.92% increase in median value, while Units have seen a 98.70% increase. As at 31 January 2026:
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