166/251 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

166/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 106m2
Land area: 1755m2
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Property Details for 166/251 Varsity Pde, Varsity Lakes

166/251 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 1755m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
Unit
Year Built
2004
Floor Size
106m2
Land Size
1755m2
Local Government
Gold Coast City
Lot/Plan
166/SP151077

Last Listing description (July 2021)

A highly sought after address in The Reserve at Varsity Lakes. Awesome amenities and super convenient location. Secure investment or live in and feel like you are on holiday at home. Inspections by appointment.

Furnished or unfurnished
Large master with walk through robe and ensuite

Open plan living with dining and lounge separated
Kitchen with dishwasher, generous storage and bench space
Covered balcony facing the lake and a smaller balcony facing the beautiful lagoon pool
Air conditioning and ceiling fans
Basement parking for one vehicle (plus bike) and a separate storage cage
Secure gated community with onsite manager
Theatre, library, games room & bbq facilities
Gym, heated spa & steam room with plunge pool
Lagoon pool and man-made beach
Private waterfront pavilions and boardwalk
Short walk to cafes, commercial and retail precinct, bond university and public transport
5 minutes to Robina Town Centre & Hospital
Good choice of quality schools and sporting facilities
Excellent network coverage for work from home
Suitable pet with body corporate approval

Property History for 166/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$490,000
29 Jun 2021
Listed for Rent
10 Nov 2020
  • 29 Jun 2021
    Sold for $490,000
  • 03 Jun 2021
    Listed for Sale Offers Over $480,000
  • 23 Oct 2020
    Listed for Rent $550 / 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, 397 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.