2705/3 Main St, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 111m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
$760 per week investor returns have never looked so good from this top floor apartment overlooking Lake Orr.
This dual key apartment offers you two completely separate apartments all on the one title.
You only pay one rate notice and one body corporate levy. Reach out for a copy of the disclosure statement.
1 Bedroom
Spacious living with combined kitchen
Expansive balcony
Lease Period 12months till 24/07/23
Income $470 per week
Separate Laundry/Storage
Studio
Completely Separate
Kitchen/Living Combined
Ensuite Bathroom
Lease Period 12months till 22/09/23
Income $290 per week
Total $760 per week rent
Body Corporate $94 per week
Facilities
Pool
Alfresco area
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:
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