49/255 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
 
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49/255 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 49/255 Varsity Pde, Varsity Lakes

49/255 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2005. 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 January 2021.

Building Type
Unit
Year Built
2005
Floor Size
109m2
Land Size
2408m2
Local Government
Gold Coast City
Lot/Plan
49/SP164872

Last Listing description (February 2021)

Welcome to The Cape, overlooking uninterrupted water views of Lake Orr and positioned in the heart of Varsity Lakes. The Cape apartments have been designed with a large contemporary indoor living space that seamlessly connects to the outdoors. The spacious balcony is perfect for entertaining guests against an extraordinary backdrop.

Light filled and open plan, the living area is perfect for relaxing, or entertaining. The functional kitchen has been designed with consideration for the inclusion of the home chef and guests to continue to entertain whilst preparing the champagne and nibbles. The island bench is perfectly positioned maximising a clever use of space.

The two-bedroom, two-bathroom, two-carpark apartment offers an abundance of space providing all you could need to live in style and comfort with everything on your doorstep. The private and peaceful master suite ensures a good night sleep and a nice start to each day.

The Cape is complete with an expansive gym and beautifully designed and positioned resort style pool. A sanctuary for residents to congregate with family or friends to relax in the luxurious surroundings.

Features Include:

* Secure parking
* Fully equipped gym
* Balcony with expansive water views
* Resort style pool
* BBQ facilities
* Air conditioning
* 2 Generous bedrooms with built-ins
* Short stroll to Bond University
* Tenanted until January 2021 for $560/week
* Level 4 - lift access

The well-appointed apartment is a short walk to many popular locations including Bond University, Bond Golf Course and many local restaurants and cafes. Bikeways, hiking trails, pristine beaches, buses, and Varsity Train station are all just a short distance away.

These quality apartments are in high demand by investors and home owners due to location and attention to detail throughout. Dont miss out on a rare opportunity to secure the perfect home in a perfect location.

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Property History for 49/255 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$462,000
19 Jan 2021
Listed for Rent
$483/w
04 Apr 2012
  • 19 Jan 2021
    Sold for $462,000
  • 08 Dec 2020
    Listed for Sale Private Inspections
  • 30 Nov 2015
    Sold for $430,000
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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 8,092 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 25 properties listed for sale, and 26 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 403 properties were sold in the past 12 months in Varsity lakes.

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Cotality Copyright and Legal Disclaimers about Property Data

© 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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