196/251 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

196/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 176m2
Land area: 912m2
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Last updated 19 Jan 2026
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Property Details for 196/251 Varsity Pde, Varsity Lakes

196/251 Varsity Pde, Varsity Lakes is a 3 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 176m2. While the property is not currently for sale or for rent, it was last sold in July 2024.

Building Type
Unit
Year Built
2004
Floor Size
176m2
Land Size
912m2
Local Government
Gold Coast City
Lot/Plan
196/SP151078

Last Listing description (July 2025)

Excellent opportunity to secure a prime waterfront sub penthouse in the heart of Varsity Lakes. Situated in one of the Gold Coasts premier complex's, this property has a lot of the boxes ticked. Boasting 4 bedrooms, 2 bathrooms plus powder room, 2 car spaces and storage cage and large entertainers balcony overlooking the water. Great for entertaining with generous outdoor dining and patio area. This is also and end unit with awesome Easterly facing water views.Features: Master bedroom with en-suite & WIR Two further large bedrooms with BIR's and both en-suitedFourth bedroom or perfect sized office/study downstairsTwo bathrooms in total + separate powder room (guest toilet) Modern open plan kitchen with granite bench tops and quality appliances Open plan living and dining area flowing directly to your outdoor entertaining area Large balcony which has fantastic water views and Burleigh skyline views Ducted & split system air conditioning Two car space accommodation Generous sized storage cage Freshly painted throughoutBrand new carpets throughoutThe complex 5 star facilities include: Lagoon style pool with sandy beach accessBBQ areas for convenienceCommon kitchen facilities for use around the poolSteam room Gymnasiums (Weights & Cardio) Library Spa poolsCinema room Security Complex Waterfront location Only 50m to world renowned Bond University Professional on site management team Minutes to world renowned beaches Walking distance to restaurant precinct and public transport Varsity College just about at your door step Currently vacant Inspections are by appointment and highly recommended. 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 196/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$1,035,000
10 Jul 2024
  • 10 Jul 2024
    Sold for $1,035,000
  • 01 Jul 2024
    Listed for Sale Offers over $999,000
  • 31 Dec 2002
    Sold for $485,000
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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, 397 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.