181/251 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

181/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 137m2
Land area: 1755m2
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Property Details for 181/251 Varsity Pde, Varsity Lakes

181/251 Varsity Pde, Varsity Lakes is a 4 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 1755m2 and floor size of 137m2. While the property is not currently for sale or for rent, it was last sold in April 2023.

Building Type
Unit
Year Built
2004
Floor Size
137m2
Land Size
1755m2
Local Government
Gold Coast City
Lot/Plan
181/SP151077

Last Listing description (October 2023)

Overlooking Lake Orr and just a short walk to Bond University and the Varsity Lakes Town Square, this spacious sky-home represents coastal village living and incredible value. Located on the top level of upmarket "The Reserve" building, it offers privacy and convenience without sacrificing space. The sprawling double level floor plan will accommodate the entire family and the oversized balcony is ideal for alfresco entertaining. With spectacular facilities, this pent-house type apartment is a must to inspect.

APARTMENT HIGHLIGHTS
- 4 Bedrooms (4th room can be a living / media room) all with built in robes

- Main bedroom has walk-in-robe
- 2.5 Bathrooms (Main, ensuite plus guest powder room on lower level)
- Ducted and Split system cycle air conditioning
- Large balcony with lake outlook
- Spacious and modern kitchen with stone bench
- Generous open plan living that spills to your outdoor area
- Separate laundry
- Intercom and secure building access
- Double side by side garage spaces

COMPLEX FEATURES
- 48m Sandy beach lagoon style swimming pool
- Fully equipped gym
- In-ground Spa
- Steam room + plunge pool
- Fully stocked library.
- Security gates and entry
- 24 hour onsite Management
- Lakeside BBQ and entertainment areas
- Private and exclusive Lake side boardwalk

LOCATION
- Walk to shops, cafes and amenities
- Handy to public transport and Robina Town Centre
- Walking distance to Bond University
- 10min drive to Mermaid Beach or Burleigh Beach

FINANCIALS
- Rent currently $950 per week until 28.8.23
- Body corp approx $6491 per year (includes insurance, body corp and exclusive lift access)
- Gold Coast Land Rates approx $2,257 per year
- Water Rates approx $2000 per year

Motivated owners are genuine to sell. We welcome your inspection anytime by appointment or at our scheduled open homes.

DISCLAIMER:
We have used our best endeavours to make sure the above information is true and accurate. However, buyers should not rely on this information and are encouraged to make their own enquiries to verify all information. Our agents and agency accept no liability for any errors or omissions. Buyers are encouraged to seek independent legal advice with respect to the property and entering into a contract of sale.

Property History for 181/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$900,000
28 Apr 2023
Listed for Rent
$750/w
12 Jul 2018
  • 28 Apr 2023
    Sold for $900,000
  • 01 Feb 2023
    Listed for Sale SOLD
  • 29 Oct 2019
    Listed for Rent $780 / 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 8,110 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.