40/253 Varsity Parade, Varsity Lakes, QLD 4227 sold on 08 July 2025 | OnTheHouse
SOLD
Sold on 08 Jul 2025 for $830,000

40/253 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Property Details for 40/253 Varsity Pde, Varsity Lakes

40/253 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Apartment with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 2 bedroom Apartment sold in Varsity Lakes in the last 12 months.

Building Type
Apartment

Last Listing description (July 2025)

Welcome to your dream apartment located at 40/253 Varsity Parade, an idyllic retreat nestled in the heart of Varsity Lakes. This beautifully refreshed boutique complex, limited to just 42 residences, is the perfect sanctuary for those seeking an abundance of sunshine and a relaxed lifestyle.

Property Highlights:
Master bedroom with en-suite and BIR

Second bedroom with BIR
2 Bathrooms including en-suite
2 Car Spaces
Generous open-plan kitchen
European appliances and a spacious island
High ceilings that enhance the sense of space and light
Air conditioning and fans
Spacious rooms
2 balconies

Complex Features
Dive into the inviting central saltwater pool or enjoy a BBQ in the well-maintained communal area surrounded by lush gardens.
Ample visitor parking ensures that your guests can easily join you.
Covered and secure parking includes two dedicated spaces alongside a convenient storage cage for all your beach and outdoor gear.

This apartment is currently tenanted.

Additional perks include:
Affordable body corporate fees of just $112 per week
Pet-friendly environment, so you can bring your furry friends along.
Convenient location within walking distance to Bond University and the vibrant CBD.
Rental appraisal of $830 - $850 per week
Current lease expires 25th August, 2025 @ $695/week.

Located just 500 meters from Varsity College and a short 3-minute drive to Varsity Primary, as well as a mere 5 minutes from the bustling Robina Town Centre, everything you need is right at your fingertips.

Don’t miss your chance to own this fantastic property! Inspections are highly recommended, so contact us today to schedule your viewing. This property will be sold.

This is a walk up building with no lift access.

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 40/253 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$830,000
08 Jul 2025
Listed for Rent
$440/w
26 Jul 2018
  • 27 Jun 2025
    Sold for $830,000
  • 07 Apr 2025
    Listed for Sale Offers Above $799,000
  • 26 Jul 2018
    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 97.94% increase in median value, while Units have seen a 103.23% increase. As at 30 November 2025:

  • The median value for Houses in Varsity Lakes is $1,324,459 while the median value for Units is $922,789.
  • 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, 394 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

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Daryn Trowbridge
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Jack Trowbridge
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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.