27/228 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

27/228 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 94m2
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Last updated 4 May 2026
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Property Details for 27/228 Varsity Pde, Varsity Lakes

27/228 Varsity Pde, Varsity Lakes is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 94m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
2008
Floor Size
59m2
Land Size
94m2
Local Government
Gold Coast City
Lot/Plan
202/SP182411

Last Listing description (July 2022)

This apartment overlooks the pool and is spacious in size and comes fully furnished. Currently tenanted. Situated in a prime location in the heart of Varsity CBD. Walking distance to restaurants and shops and internationally acclaimed Bond University.

Features:
1 spacious bedroom

1 bathroom
Quality kitchen
Stainless steel appliances
Stone bench tops
Balcony
Laundry
Air conditioning
Nice views
Furniture package included

Currently tenanted through until 30th April 2022.
Current rent $435.00 per week
Body Corporate $118.00 per week.

Inspect by appointment.

Property History for 27/228 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$425,000
25 Mar 2022
  • 13 Jun 2022
    Listed for Sale SOLD BY DARREN & DARYN
  • 26 Mar 2022
    Listed for Sale CONTACT AGENT
  • 25 Mar 2022
    Sold for $425,000
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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 8,104 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.
There are currently 39 properties listed for sale, and 23 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 432 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.