49/251 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

49/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 5
Car spaces: 2
Land area: 1875m2
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Property Details for 49/251 Varsity Pde, Varsity Lakes

49/251 Varsity Pde, Varsity Lakes is a 3 bedroom, 5 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 1875m2. While the property is not currently for sale or for rent, it was last sold in September 2003.

Building Type
Unit
Year Built
2004
Land Size
1875m2
Local Government
Gold Coast City
Lot/Plan
49/SP151074

Last Listing description (April 2010)

WIDE WIDE WATER - THE RESERVE
ENJOY ALL THE FACILITIES OF RESORT LIVING IN THIS SPLIT LEVEL SPACIOUS THREE
BEDROOM + STUDY AND ENSUITE, THIS LUXUARY UNIT OVER LOOKS WIDE, WIDE WATER.

FEATURES INCLUDE GOURMET KITCHEN WITH GRANITE BENCH TOPS, SPLIT CYCLE
DUCTED AIR CONDITIONING, COVERED OUTDOOR ENTERTAINING, TWO LARGE DECKS
+ DOUBLE SECURITY PARKING.
COMPLEX BOASTS SECURITY ACCESS, HUGE POOL, GYMNASIUM, SPA, SAUNA,
ALL FRONTING THE WIDE LAKE AND ACCROSS THE ROAD FROM BOND UNIVERSITY.
OWNERS WILL HAVE LEASE BACK FOR ONE YEAR AT $550.00 PER WEEK.
A COPY OF THE SUSTAINABILITY DECLARATION FOR THIS PROPERTY IS AVAILABLE UPON REQUEST.
ADDITIONAL FEATURE - BALCONY.

Property History for 49/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$525,000
03 Sep 2003
  • 01 Oct 2008
    Listed for Sale $670,000
  • 24 Feb 2006
    Listed for Sale 549500
  • 03 Sep 2003
    Sold for $525,000
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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 8,095 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 35 properties listed for sale, and 29 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 399 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.