201/251 Varsity ParadeVarsity Lakes QLD 4227
Property Details for 201/251 Varsity Pde, Varsity Lakes
201/251 Varsity Pde, Varsity Lakes is a 4 bedroom, 2 bathroom Apartment with 2 parking spaces. The property has a floor size of 195m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 4 bedroom Apartment sold in Varsity Lakes in the last 12 months.
Last Listing description (April 2026)
Welcome to something truly special at The Reserve Apartments - one of the Gold Coast's most tightly held resort-style addresses, perfectly positioned in the vibrant heart of Varsity Lakes.
If you've ever dreamed of living somewhere that feels like a permanent holiday, this is it.
The Sub-Penthouse
For investors, the fundamentals are equally compelling. With Bond University at your doorstep and strong executive demand in the area, the anticipated rental return of approximately $1,500-$1,700 per week positions this as a blue-chip addition to any portfolio.
Property Details
• North-east aspect with water views
• Brand New Kitchen (Feb 2026) with soft-close drawers, a chic Franke Sink with a matching mixer, including Bosch appliances
• 4 Bedrooms- all with built-in robes
• 2 Bathrooms
• Combined Laundry & Powder Room
• 2 Side-by-Side Car Spaces
• Secure Basement Storage Room- ideal for bikes, surfboards or anything you can imagine
• Freshly Painted Interior
• Luxurious New Zealand wool carpets
• Option to convert Laundry into a third bathroom
Outgoings:
Body Corporate $139 per week approx
Water $350 per quarter approx
Rates $1,111.21 approx
145 sqm living & carparks and storage 40sqm = 195 sqm approximately.
Property History for 201/251 Varsity Pde, Varsity Lakes, QLD 4227
- 13 Apr 2026Sold for $1,300,000
- 26 Feb 2026Listed for Sale Owner instructs: Must Sell $1,299,000+
- 23 May 2023Listed for Sale Under Contract
Recent sales nearby
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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 85.34% increase in median value, while Units have seen a 105.15% increase. As at 30 April 2026:
- The median value for Houses in Varsity Lakes is $1,413,430 while the median value for Units is $1,010,799.
- Houses have a median rent of $950 while Units have a median rent of $800.
Suburb Insights for Varsity Lakes 4227
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