251 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
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251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 23700m2
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Property Details for 251 Varsity Pde, Varsity Lakes

251 Varsity Pde, Varsity Lakes is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 2004. The property has a land size of 23700m2.

Building Type
House
Year Built
2004
Land Size
23700m2
Local Government
Gold Coast City
Lot/Plan
20/SP151074

Last Listing description (January 2026)

Experience luxurious waterfront living in this spacious sub-penthouse apartment located in The Reserve, a secure, gated community offering resort-style amenities and a prime position in the heart of Varsity Lakes CBD.

Property Features
4 Bedrooms | 2 Bathrooms + Powder Room | 2 Car Spaces + Storage Cage

Expansive north-east facing balcony with breathtaking water and Burleigh skyline views
Master bedroom features stunning water views, built-in wardrobes plus a walk-in robe, and private ensuite
Two additional large bedrooms upstairs with built-in robes, each with access to a two-way bathroom
Fourth bedroom or home office/study located on the lower level
Modern open-plan kitchen with contemporary finishes and ample storage
Spacious open-plan living and dining areas seamlessly connecting to the outdoor entertaining space
Ducted and split-system air conditioning throughout
Brand new carpets
Two secure car spaces plus a storage cage
Note: Dryer and washing machine not included. Tenant to supply their own (max. 7.5kg due to laundry door access).

Resort-Style Facilities
Enjoy the best of five-star amenities within this highly sought-after complex:
49m Lagoon-style swimming pool with sandy beach entry
Poolside BBQ and common kitchen facilities
Two fully equipped gyms (weights and cardio)
Infrared sauna
Spa
Library and cinema room
Secure gated access with on-site management
Idyllic waterfront location with private boardwalk

Location Highlights
In the heart of the Varsity CBD
Just 50m from Bond University
Walking distance to Varsitys restaurant precinct, cafes, and public transport
10 15 minutes to world-famous beaches including Burleigh Heads
Varsity High School 300m
Professionally managed with a dedicated on-site team

Availability
Available late November around 24th November
6 months to start lease available

Registration is a must to gain entry code & details

Apply For This Property Online: https://TheOnsiteManager.com/apply/21163636
(Listing ID: 21163636 )

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

A timeline of how this property has performed in the market
Listed for Rent
$730/w
02 Jun 2023
  • 24 Oct 2025
    Listed for Rent $1,375 / week
  • 15 Aug 2025
    Listed for Rent $1,050 / week
  • 27 May 2025
    Listed for Rent $910 / 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 8,095 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.