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 (April 2026)

This ground floor apartment in The Reserve is located at the very end of the Pelican building with a stunning North-East facing waterfront position. It is the only apartment in the complex to include its very own private plunge pool. Originally built by the developer for the himself this beautiful waterfront setting is not surpassed by any other. Feturing a private courtyard, large entertainers balcony, private pool, side access down to waterfront boardwalk and a leafy outlook over the water. Privacy at its best along with location, aspect and position.Features:2 bedrooms2 bathrooms2 car accommodationGourmet kitchenOpen plan living Separate diningPlantation shuttersLarge private courtyardSpacious balcony Water viewsAir conditioningPrivate plunge pool fully compliantStorage cageResort style facilities:Lagoon poolGymnasium x 2Spa Infra-red saunaLibraryBBQ areasTheatre roomOn-site managementCommon kitchenBody corp fees: $160.00 per week approximatelyCouncil rates: $2,800.00 per year approximatelyWater rates: $1,800.00 per year approximatelyRental appraisal $1,000 - $1,100 per week.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.Please call Daryn on 0410 665 902 Photos may vary slightly online from inspections. Property has been painted and carpeted since these were taken.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 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 Mar 2026
    Listed for Sale Offers over $1,030,000
  • 17 Oct 2017
    Sold for $427,500
  • 08 Aug 2017
    Listed for Sale Offers above $449,000
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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 8,104 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 85.58% increase in median value, while Units have seen a 102.91% increase. As at 31 March 2026:

  • The median value for Houses in Varsity Lakes is $1,404,419 while the median value for Units is $979,638.
  • Houses have a median rent of $950 while Units have a median rent of $800.
There are currently 40 properties listed for sale, and 22 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 424 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.