2/251 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

2/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 94m2
Land area: 1143m2
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Property Details for 2/251 Varsity Pde, Varsity Lakes

2/251 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2003. The property has a land size of 1143m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
2003
Floor Size
94m2
Land Size
1143m2
Local Government
Gold Coast City
Lot/Plan
2/SP151075

Last Listing description (July 2025)

From the moment you walk into this wonderful apartment, you will be instantly impressed by the modern decor, bright living spaces and quality finishes. Currently tenanted at $660 per week until May 2022.The kitchen is very much the heartbeat of the home, fringed by the spacious open plan living and separate dining area with great lighting and airflow coming through the sliding doors to the alfresco entertainment area overlooking the water.The perfectly designed main bedroom has amazing water views across the lake and renovated ensuite whilst the second bedroom has access to the private courtyard and is right next to the main bathroom with bath."The Reserve" is a quiet and secure, ‘resort style’ complex with a reputation of being one of the best complex's on the Gold Coast. Renowned for its prime waterfront location and within walking distance to Bond University, restaurants and bars as well as both Varsity Primary and High Schools. Kilometre’s of walking and cycling tracks on your doorstep and only eight minutes to Varsity and Robina Train Station. Some of the Gold Coast's best beaches and shopping center's are only minutes’ drive away.Features:- Fantastic water views with direct access to the walkway around the lake- Master bedroom with air-conditioning and renovated ensuite- Additional bedroom with built-in-robe, air-conditioning and access to private courtyard- Central kitchen with plenty of cupboard space, new oven, stone bench-tops and dishwasher- Open plan living, with easy access to the large alfresco area, perfect for outdoor dining- Renovated main bathroom with bathtub- Dining area looking out to private courtyard- Brand new air-conditioning unit in lounge- Separate laundry- Two car, secure car spaces- Private gate access- Storage cage- Easy care, landscaped gardens- Pets friendlyResort Facilities- Resort style pool with private beach- Gymnasium- Steam room- Library- Cinema room- Spa

Property History for 2/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$610,000
22 Oct 2021
Listed for Rent
$350/w
12 Feb 2022
  • 22 Oct 2021
    Sold for $610,000
  • 16 Sep 2021
    Listed for Sale SOLD by Daryn & Darren
  • 06 Apr 2021
    Listed for Rent $660 / week
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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 8,096 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 97.94% increase in median value, while Units have seen a 103.23% increase. As at 30 November 2025:

  • The median value for Houses in Varsity Lakes is $1,324,459 while the median value for Units is $922,789.
  • Houses have a median rent of $870 while Units have a median rent of $800.
There are currently 33 properties listed for sale, and 29 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 394 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.