2/255 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

2/255 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 4
Floor area: 275m2
Land area: 2408m2
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Last updated 16 Mar 2026
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Property Details for 2/255 Varsity Pde, Varsity Lakes

2/255 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 4 parking spaces and was built in 2006. The property has a land size of 2408m2 and floor size of 275m2. While the property is not currently for sale or for rent, it was last sold in January 2020.

Building Type
Unit
Year Built
2006
Floor Size
275m2
Land Size
2408m2
Local Government
Gold Coast City
Lot/Plan
2/SP164872

Last Listing description (February 2024)

If you have been looking for your forever home or simply a prestigious waterfront apartment in the heart of Varsity Lakes, then look no further. The owners have given clear instructions, this apartment within 'The Cape' must be sold and a fantastic opportunity awaits you!

Offering possibly the largest entertaining balcony that Varsity Lakes has to offer, enjoy uninterrupted views across Lake Orr with your own private access down to the pool and pristine waters edge.

Boasting waterfront apartment features;

Grand master suite with bath tub Lake Orr views
Ginormous balcony with exclusive access to pool & waters edge
Open plan kitchen/dining opening to outdoor entertaining
Covered alfresco area overlooking Lake Orr
Separated bedrooms & bathrooms either side of apartment
Desired North Easterly aspect
Island stone bench top kitchen
Ample storage and full laundry room
Easterly ocean breezes & picturesque sun rises
2 car spaces & large storage cage included
Split system air conditioning

Boasting complex features;

Resort style pool with sun lounges on Lakes edge
Large well equipped gymnasium
Beautifully maintained grounds year round
On-site management
Walking distance to Varsity CBD; shops, post office, cafs etc
Stones throw to Bond University & Kms of Lake Orr boardwalks
A Short drive to the Gold Coasts most renowned beaches.

Do not miss out on this fantastic opportunity, this apartment must be sold!

For more information, contact your local area specialist Mitch Harrop today.

Disclaimer:
Advertising 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 2/255 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$442,000
30 Jan 2020
Listed for Rent
01 Sep 2020
  • 07 Apr 2020
    Listed for Rent $305 / week
  • 30 Jan 2020
    Sold for $442,000
  • 25 Jan 2019
    Listed for Sale Offers over $499,000
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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 8,112 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 89.77% increase in median value, while Units have seen a 102.81% increase. As at 28 February 2026:

  • The median value for Houses in Varsity Lakes is $1,376,945 while the median value for Units is $958,531.
  • Houses have a median rent of $880 while Units have a median rent of $800.
There are currently 39 properties listed for sale, and 26 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 425 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.