50/228 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

50/228 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 103m2
Land area: 68m2
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Last updated 19 Jan 2026
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Property Details for 50/228 Varsity Pde, Varsity Lakes

50/228 Varsity Pde, Varsity Lakes is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 68m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
Unit
Year Built
2007
Floor Size
103m2
Land Size
68m2
Local Government
Gold Coast City
Lot/Plan
227/SP182411

Last Listing description (March 2023)

Photos are indicative only of a similar apartment. The property presents differently with the current tenant in place.
This fully furnished apartment is centrally located in the heart of Varsity Lakes. Walking distance to internationally acclaimed Bond University. Great long-term tenants in place paying $400per week Dec 2021. North facing on the 2nd floor and overlooking the pool. Body corp is approx $116 per week. The apartment is finished with stone bench tops and stainless-steel appliances.

Features:

1 spacious bedroom
1 bathroom
kitchen
open plan living and dining
balcony
internal laundry
furniture package
pool
gymnasium
on site managers

The apartment combined with its location offers a lifestyle like none other. Shops, public transport and schools are all within walking distance. There are also kilometers of walking and cycling tracks around Lake Orr. Inspections are highly recommended.

Property History for 50/228 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$290,000
24 Jul 2021
  • 24 Jul 2021
    Sold for $290,000
  • 12 Apr 2021
    Listed for Sale $279,000+
  • 27 Oct 2006
    Sold for $354,500
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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 8,109 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 30 properties listed for sale, and 27 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 391 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.