187/251 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

187/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 103m2
Land area: 912m2
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Property Details for 187/251 Varsity Pde, Varsity Lakes

187/251 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 912m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
2004
Floor Size
103m2
Land Size
912m2
Local Government
Gold Coast City
Lot/Plan
187/SP151078

Last Listing description (January 2024)

Open Home CANCELLED.

This spacious ground floor waterfront apartment is situated on beautiful Lake Orr in the stunning Reserve Complex. Beautiful North-Easterly outlook, with superb features including large waterfront undercover area, plus additional fully fenced front courtyard.

Easy care, lock and leave property, in highly sought after location! Currently owner occupied and ready for the new owner to move in.

From your balcony you have direct access to the boardwalk with small garden area.

Master bedroom with walk through robe and ensuite overlooking water
Second bedroom separate from master with BIR and own bathroom with access to courtyard
Two bathrooms in total including en-suite
Waterfront balcony with access to the boardwalk
Kitchen with stone benches, breakfast bar and quality appliances
Loungeroom overlooking water and flowing out to balcony area
Separate dining zone or 2nd lounge/sitting area
Fully fenced courtyard
2 Car Accommodation (Tandem)
Lock up storage cage beside parking spaces
Air conditioning
Pet friendly
Sun drenched mornings on your waterfront balcony area
Awesome opportunity awaits. Fantastic floorplan and layout with ample outdoor space.

Facilities in The Reserve include:
48m lagoon style pool with sandy beachfront
2 x gymnasiums (1 x cardio, 1 x weights)
Spa pools
Sauna/steam room
Library
Community kitchen
BBQ areas
Theatre room
Beachfront area onto Lake Orr
Private secure waterfront boardwalk
Security complex
Fantastic onsite managers

Contact Daryn Trowbridge on 0410 665 902 or Jack Trowbridge on 0409 387 247 for inspection times or further information.

Advertising Disclaimer: We have prepared this information to the best of our knowledge to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions or inaccuracies that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 187/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$755,000
30 Oct 2023
Listed for Rent
$270/w
21 Sep 2013
  • 28 Nov 2023
    Listed for Sale SOLD BY DARYN
  • 30 Oct 2023
    Sold for $755,000
  • 21 Mar 2016
    Sold for $423,000
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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 25 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.