191/251 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

191/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 94m2
Land area: 912m2
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Property Details for 191/251 Varsity Pde, Varsity Lakes

191/251 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 94m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
Unit
Year Built
2004
Floor Size
94m2
Land Size
912m2
Local Government
Gold Coast City
Lot/Plan
191/SP151078

Last Listing description (February 2024)

The Reserve is a highly sought after address in Varsity Lakes and rarely do these 2 bedroom 2 bathroom waterfront apartments become available. So whether you are an astute investor or looking to have a carefree lifestyle then you must view this wonderful property.

The master bedroom has its own spacious ensuite and walk through wardrobe. The 2nd bedroom offers big double wardrobe. Family bathroom and the internal laundry provide all the convenience you will need.

The open planned living/dining flows through to your balcony where you will enjoy balmy summer nights overlooking Lake Orr, enjoying time with family and friends.
Two secure car parks are allocated to this apartment. Situated in one of the best spots in The Reserve the privacy will impress. Behind Bond University, only 2 minutes' walk to the cafes and restaurants of Varsity Lakes, this property won't last long. You can also enjoy the 20kms of walkways that surround the lakes.

Features Include -
- Large master bedroom with walk through wardrobe and ensuite
- Second bedroom offers big double wardrobe
- Expansive living/dining room with water views
- Undercover patio overlooking the Lake
- Modern kitchen with dishwasher, cooktop, oven and range hood
- Split System air conditioning
- Ceiling fans
- 2 secure car parks
- Separate laundry room
- 47 meter lagoon pool with sandy beach as well as the plunge pool
- Heated spa
- Library, steam room, games room
- BBQ facilities
- Gym

Bond University is on your doorstep as are the cafes and restaurants of Varsity Lakes.

Varsity Lakes is minutes to Robina Town Centre and Hospital and also has easy access to M1 and great public transport including buses and trains. This property is within the school zone for both of the sought after Varsity Schools as well as being located right behind Bond University.

Disclaimer:
We have in preparing this information used our best endeavours 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, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
* denotes approximate measurements.

Property History for 191/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$450,000
01 Nov 2019
Listed for Rent
$430/w
29 Apr 2012
  • 01 Nov 2019
    Sold for $450,000
  • 30 Oct 2019
    Listed for Sale Sold
  • 26 Jul 2018
    Listed for Sale Not Disclosed
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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 33 properties listed for sale, and 32 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 399 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.