189/251 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

189/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 97m2
Land area: 912m2
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Property Details for 189/251 Varsity Pde, Varsity Lakes

189/251 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 97m2. While the property is not currently for sale or for rent, it was last sold in October 2017.

Building Type
Unit
Year Built
2004
Floor Size
97m2
Land Size
912m2
Local Government
Gold Coast City
Lot/Plan
189/SP151078

Last Listing description (January 2018)

This ground floor apartment in The Reserve is located at the very end of the complex and is the only apartment in the complex to include its very own plunge pool. Enjoying a beautiful waterfront setting with a North Easterly aspect. With a little TLC this apartment has a lot to offer. Currently tenanted at $500 per week.
Features:
2 bedrooms

2 bathrooms
2 car accommodation
Gourmet kitchen
Open plan living
Separate dining
Plantation shutters
Large private courtyard
Spacious balcony
Water views
Air conditioning
Resort style facilities
Lagoon pool
Gymnasium
Spa and steam room
Centrally located and directly across the road from Bond University. Schools, shopping and public transport are all within close proximity. Robina Town Centre and some of the Gold Coast best beaches are only a short drive away. Inspections are by appointment and highly recommended.

Property History for 189/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$427,500
17 Oct 2017
Listed for Rent
$500/w
01 Nov 2008
  • 17 Oct 2017
    Sold for $427,500
  • 08 Aug 2017
    Listed for Sale Offers above $449,000
  • 30 Jan 2015
    Listed for Sale Offers Above $420,000
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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 8,095 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, 396 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.