224/29-49 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

224/29-49 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 95m2
Land area: 104m2
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Property Details for 224/29-49 Varsity Pde, Varsity Lakes

224/29-49 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2013. The property has a land size of 104m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in June 2019.

Building Type
Unit
Year Built
2013
Floor Size
95m2
Land Size
104m2
Local Government
Gold Coast City
Lot/Plan
224/SP246289

Last Listing description (July 2019)

A comfortable and modern home situated within the secure Edgewater Residences complex on the north side of Lake Orr. The apartment is walking distance to the Lake Orr walking track, numerous parks, public transport, Aldi shopping centre the Varsity Lakes sport house and boat shed and the popular Varsity College Primary and Secondary campus which is Australia's second largest school.
Within a longer walk, or a short drive is Bond University, Market Square, Robina Town Center and Varsity Lakes railway station.
There is high demand in this area for rentals, which is why the property is suited to an investor. But don't let that stop you from enquiring if you are looking for a comfortable apartment to live yourself.

The facilities within Edgewater Residences are exceptional, with beautiful gardens, a large Gym, BBQ area, 25 meter lap pool, and table tennis games room.
Fibre to the home broadband internet is also available via Openetworks retailers with speeds up to 200mb/s download available.
If you are an investor, please contact the on site managers for a current rental appraisal.
You can contact the on-site managers at Edgewater Residences Shaun and Amy if you are interested in viewing the apartment.

Property History for 224/29-49 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$405,000
06 Jun 2019
Listed for Rent
$460/w
14 Sep 2017
  • 06 Jun 2019
    Sold for $405,000
  • 21 Mar 2019
    Listed for Sale Expressions of interest
  • 22 Sep 2017
    Listed for Sale $429,000 Price by Negotiation
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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 8,111 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 97.92% increase in median value, while Units have seen a 98.70% increase. As at 31 January 2026:

  • The median value for Houses in Varsity Lakes is $1,372,316 while the median value for Units is $940,587.
  • Houses have a median rent of $875 while Units have a median rent of $810.
There are currently 33 properties listed for sale, and 28 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 404 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.