5/251 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
 
OFF MARKET

5/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 103m2
Land area: 1143m2
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Last updated 12 Jan 2026
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Property Details for 5/251 Varsity Pde, Varsity Lakes

5/251 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 1143m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in March 2018.

Building Type
Unit
Year Built
2004
Floor Size
103m2
Land Size
1143m2
Local Government
Gold Coast City
Lot/Plan
5/SP151075

Last Listing description (January 2020)

This fully furnished 2 bedroom, 2 bathroom apartment offers quality furniture and fittings to go with the resort lifestyle to enjoy at "The Reserve"

This property s located in the heart of the Varsity Lakes. leave the car at home and walk to the many cafes, restaurants and local shopping on on offer.


This apartment offers beautiful lake views, 2 bedrooms, 2 bathrooms and tandem car parking.


This property is currently occupied so please contact our office on 07 5580 8242 to arrange an inspection.

Resort features:
* 48m sandy beach lagoon-style swimming pool
* Private theatre room with seating for 9 people
* 2x Fully equipped gyms
* In-ground Spa
* Steam room + plunge pool
* Fully stocked library.
* Security gates and entry
* 24 hour onsite Management
* Lakeside BBQ and entertainment areas
* Private and exclusive Lake side boardwalk

Apartment features:
* Reverse cycle air conditioning
* Large balcony - perfect for outdoor dining
* Large modern kitchen
* Quality electric appliances including dishwasher
* Ensuite to master bedroom + large main bathroom
* Walk through robe to master bedroom and built-ins to 2nd bedroom
* Intercom and security access.

Photos are indicative only, layout and colours may vary. This apartment is available furnished only.

For advertised inspection times, please email our office to register your attendance.

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Property History for 5/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$430,000
09 Mar 2018
Listed for Rent
$580/w
08 Dec 2020
  • 26 Nov 2019
    Listed for Rent $590 / week
  • 22 Feb 2019
    Listed for Rent $580 / week
  • 09 Mar 2018
    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 8,095 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 34 properties listed for sale, and 29 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 397 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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