414/29-49 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
 
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414/29-49 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 60m2
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Property Details for 414/29-49 Varsity Pde, Varsity Lakes

414/29-49 Varsity Pde, Varsity Lakes is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 60m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Unit
Year Built
2013
Floor Size
54m2
Land Size
60m2
Local Government
Gold Coast City
Lot/Plan
414/SP260585

Last Listing description (March 2023)

Low maintenance resort style living at its finest.

Located in the highly sought after Varsity Lakes Area, and central to shops, schools, markets, public transport and not far from the M1 is this modern one bedroom villa.

- One bedroom with Built In Robe ceiling fan.

- One bathroom with bath shower combination and modern vanity with stone bench.
- Open plan kitchen living and dining.
- Modern kitchen with stone bench tops stainless steel oven with electric stove top and colour matching dishwasher.
- Balcony for the morning coffee.
- Ample storage throughout
- 5 Minute walk to restaurants cafes and shops, including ALDI.
- 10 minute walk to Varsity College and Primary School
- 15 Minute walk to Bond University
- Located on Lake Orr
- Under cover secure car park.

- LBNco fibre to the home internet available with speeds of up to 250Mbps downloads.

Complex Features,

- Fully equipped gymnasium.
- Games room.
- Meeting room.
- 20 meter lap pool.
- Covered entertaining BBQ area
- Gated with ample visitor parking
- Security cameras in common areas
- Complex exits onto the Lake Orr walking track which leads to the nearby nature reserve, ALDI shopping center, Varsity Primary school, Varsity College and Bond University

The property is currently tenanted on a lease until August 2023, current weekly rental is $510 per week. An excellent return on investment for investors.

Low cost living benefits include:
The average weekly Body Corporate levies are around $50 per week
Electricity charges are low due to Body Corporate paying for hot water.

Please call or email to arrange inspection

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Property History for 414/29-49 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$410,000
28 Dec 2022
Listed for Rent
$530/w
27 Oct 2022
  • 28 Dec 2022
    Sold for $410,000
  • 17 Dec 2022
    Listed for Sale $379,000
  • 27 Oct 2022
    Listed for Rent $510 / week
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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 97.92% increase in median value, while Units have seen a 98.70% increase. As at 31 January 2026:

  • The median value for Houses in Varsity Lakes is $1,372,316 while the median value for Units is $940,587.
  • Houses have a median rent of $875 while Units have a median rent of $810.
There are currently 30 properties listed for sale, and 29 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 396 properties were sold in the past 12 months in Varsity lakes.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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