29/228 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

29/228 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 91m2
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Property Details for 29/228 Varsity Pde, Varsity Lakes

29/228 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 91m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Year Built
2008
Floor Size
57m2
Land Size
91m2
Local Government
Gold Coast City
Lot/Plan
204/SP182411

Last Listing description (August 2022)

FULLY FURNISHED & FRESHLY PAINTED, BEST UNIT IN THE CHANCELLOR APARTMENT COMPLEX!!!

A spacious one bedroom apartment that comes fully furnished will meet all your property needs. This sunny north facing apartments overlooks and has quick access to the sparkling pool. The Chancellor Apartments offer you the flexibility to either live, invest or holiday let in absolute confidence.

This apartment is located in central Varsity and is walking distance to Bond University, the local supermarket, restaurants, businesses and the lakeside.

Features Include;
- 1 spacious fully furnished bedroom with a wardrobe and ensuite. The bedroom has high ceiling sliding door access to the outside entertaining area.
- 1 fully equipped bathroom which is also used as the ensuite with two separate entrances.
- A open style kitchen which has ample storage, stone bench space, electric stovetop, rangehood and oven. There is also a dishwasher and fridge included.
- A spacious living and dining area with high ceiling sliding door access to the outside entertaining area.
- 1 car space in secure underground parking.
- Large outdoor entertaining area with direct access to the pool.
- The amenities provided in the complex include a large inground swimming pool and BBQ facilities for your private use. There is also a gym with changing rooms.
- Apartment comes fully furnished.

Central Varsity Highlights
- Loads of Community Events such as "Winterfest" and street festivals
- Live Music and Trivia Nights
- Walking Distance to every shop and cafe in a 200 metre radius
- Achtung! Authentic German Bakery right at your doorstep
- Comfort Coffee & Donuts from D point 10
- The Rusty Barrel Tapas Bar and Whisky- Yum! Live Music Saturday and Sunday
- Bottoms up! The Lake Brewhouse fantastic lakeside position
- CBD hotel- Have a punt and a meal.
- IGA Convenience- Fantastic for essentials just 150 metres away!
- Varsity College- 150 metres away
- Lakeside walks are waiting for you, kilometres of walking tracks
- Bond University- have a son or daughter? The Chancellor is very close to the University and is safe and secure.
- 15 mins drive to some of the best beaches on the Gold Coast.

For interested owners and investors the home is 15 years old and in excellent condition. The property would currently rent for $460 to $490 per week and holiday letting for $170 per night.

This is an excellent opportunity that you won't want to miss out on. This is a rare property for buyers and investors to purchase this home in the premium location within the Chancellor Apartment block.

The owner is keen to achieve a quick sale and have priced the property to meet the current market conditions.

Disclaimer:
All information contained is gathered from relevant third party sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries.

Property History for 29/228 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$403,000
17 Jun 2022
  • 17 Jun 2022
    Sold for $403,000
  • 13 May 2022
    Listed for Sale Not Disclosed
  • 30 Nov 2006
    Sold for $354,500
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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 8,110 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 30 properties listed for sale, and 26 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 391 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.