31/228 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

31/228 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 103m2
Land area: 81m2
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Property Details for 31/228 Varsity Pde, Varsity Lakes

31/228 Varsity Pde, Varsity Lakes is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 81m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
2007
Floor Size
103m2
Land Size
81m2
Local Government
Gold Coast City
Lot/Plan
206/SP182411

Last Listing description (October 2024)

Herbert Frey is proud to present this opportunity for the investor or occupier!

Well-appointed to meet all your needs, this property is only tenanted until 19 November next month and is ready to accommodate a new owner.

You will be refreshed by the amount of natural light pouring into this unit and the large gated patio leading directly out to pool. The floor plan allows flexibility in arrangement of preferred furnishings and the practical layout maximises available space.

The Chancellor Executive, constructed in 2007, is a popular building located directly next to the main shopping district in Varsity Lakes, all conveniences are at your fingertips and it is just a short walk to the renowned Bond University. The complex features an outdoor pool and barbecue entertaining area.

Please see below for a summary of details:

PROPERTY FEATURES:
- Master bedroom with walkthrough robe and ensuite
- Open plan living and dining which flows through to the spacious patio
- Quality kitchen with dishwasher, oven and rangehood
- Stone benchtops and surfaces
- Reverse-cycle air conditioning

COMPLEX FEATURES:
- Onsite manager to attend to your enquiries
- Open pool and barbecue outdoor entertaining facilities
- Secure parking space in the basement
- Pet friendly subject to Body Corporate approval

LOCATION BENEFITS:
- Short walk to Varsity Lakes CBD
- Short drive to Robina Town Centre shopping district, Bond University, Burleigh beach, sports stadium, hospital, Robina station and the motorway

FINANCIALS:
- Current rental income is $500 weekly
- Council rates approx. $1,206 half yearly
- Water rates approx. $636 quarterly
- Body corporate fees approx. $125 weekly
- Please enquire with the agent for rental appraisal

Please contact Herbert Frey with any questions you may have, responsiveness is our number one priority and we hope to assist you soon.

Disclaimer:
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
* denotes approximate measurements.

Property History for 31/228 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$440,000
21 Oct 2023
  • 21 Oct 2023
    Sold for $440,000
  • 09 Oct 2023
    Listed for Sale Under Contract
  • 07 Mar 2007
    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.