177/251 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

177/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 103m2
Land area: 1755m2
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Property Details for 177/251 Varsity Pde, Varsity Lakes

177/251 Varsity Pde, Varsity Lakes is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2004. The property has a land size of 1755m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in December 2002.

Building Type
House
Year Built
2004
Floor Size
103m2
Land Size
1755m2
Local Government
Gold Coast City
Lot/Plan
177/SP151077

Last Listing description (October 2025)

Set across two spacious levels, this beautifully updated loft-style home offers contemporary living at its best. One of only a select few four-bedroom residences in the sought-after "The Reserve" complex, this property presents a rare opportunity to secure a stylish, low-maintenance home with sweeping views over the tranquil waters of Lake Orr.

Lower Level Highlights:

Sleek, stone-topped kitchen with breakfast bar and premium stainless steel appliances

Air-conditioned, open-plan living and dining space with seamless flow to a large, covered alfresco balcony overlooking the lake — perfect for entertaining

Versatile fourth bedroom ideal for guests or a home office

Powder room, internal laundry, and additional storage

Upper Level Features:

Ducted air-conditioning throughout

Three generously sized bedrooms, all with ceiling fans and built-in wardrobes

Master suite complete with walk-in robe and private ensuite

Family bathroom featuring a full-sized bathtub

Additional Inclusions:

Two secure undercover parking spaces and a private storage cage

Thoughtfully designed for comfort and functionality with multiple living zones

Resort-Style Facilities at “The Reserve”:

Lagoon-style pool and separate plunge pool

Gym, steam room, and spa

Private cinema and games room

BBQ areas perfect for social gatherings

Located in the vibrant heart of Varsity Lakes, this property offers unparalleled convenience — just a short stroll to Bond University, Varsity College Primary & High Schools, and an extensive network of walking and cycling trails. A brief drive connects you to Robina Town Centre, Robina Hospital, world-renowned beaches, theme parks, and lush hinterland.

Whether you’re after a peaceful waterfront retreat or an active, connected lifestyle, this home delivers it all.

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Property History for 177/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$499,500
29 Dec 2002
Listed for Rent
$1.20k/w
22 Sep 2025
  • 22 Sep 2025
    Listed for Rent $1,200 / week
  • 01 May 2025
    Listed for Rent $1,200 / week
  • 03 Mar 2023
    Listed for Rent $1,000 / 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 8,109 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 27 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 392 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.