34/255 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

34/255 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 109m2
Land area: 2408m2
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Property Details for 34/255 Varsity Pde, Varsity Lakes

34/255 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 2408m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in September 2023.

Building Type
Unit
Year Built
2006
Floor Size
109m2
Land Size
2408m2
Local Government
Gold Coast City
Lot/Plan
34/SP164872

Last Listing description (July 2025)

If you are looking for a low maintenance lock up and go lifestyle, this apartment in "The Cape" in Varsity Lakes is ideal for you. Situated on the third floor with expansive Easterly water views.This bright and sunny apartment consists of 2 large bedrooms which overlook the wide water of Lake Orr. Open plan living space, granite benchtops, stainless steel appliances, air-conditioning and a large balcony with spectacular water and skyline views are all part of the package. There is also 2 car accommodation and a secure storage cage. The complex has a beautiful pool and entertaining area, as well as a gymnasium.Master bedroom with large en-suite and walk-in robeSecond bedroom with BIR and its own bathroomTwo bathrooms in totalLarge gourmet kitchen with island benchStone bench tops and stainless steel appliancesSecure underground parking for 2 vehiclesSeparate laundryLift access from basement and ground levelAir conditioningLarge balcony with Easterly views over wide water2 individual car spaces (Not tandem)Includes use of gym, pool and barbecue areaCurrently tenanted until 20th December, 2023Body corporate approximately $123.25 per weekCouncil & water rates approximately $3,200.00 combined per yearRental appraisal approximately $700.00 per week.Location is right behind Bond University.Investors, young professionals, retirees would all be well suited to this style of living. Walking distance to Bond University and Varsity Lakes CBD. Restaurants, Medical Centre and the supermarket are all a short stroll away. If you are looking to live and work in Varsity Lakes there is no need for a car.Advertising Disclaimer: We have prepared this information to the best of our knowledge 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 or inaccuracies that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 34/255 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$727,000
12 Sep 2023
Listed for Rent
$560/w
11 Aug 2011
  • 12 Sep 2023
    Sold for $727,000
  • 06 Sep 2023
    Listed for Sale Offers Over $719,000
  • 16 Apr 2011
    Listed for Rent - Price not available
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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 8,096 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 33 properties listed for sale, and 29 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 395 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.