6/255 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

6/255 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 105m2
Land area: 2408m2
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Property Details for 6/255 Varsity Pde, Varsity Lakes

6/255 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2006. The property has a land size of 2408m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
2006
Floor Size
105m2
Land Size
2408m2
Local Government
Gold Coast City
Lot/Plan
6/SP164872

Last Listing description (July 2025)

Situated in The Cape Building in the heart of Varsity Lakes is this very unique apartment. Complete with 2 bedrooms, 2 bathrooms, 2 car spaces and a massive outdoor living area with water views and Easterly aspect. The outdoor space is approximately 150sqm and has private access directly to the pool with exclusive cabana.Features:Master bedroom with en-suite & walk-in-robeSecond bedroom with built-in-robe, separate from the masterLarge open plan living and dining zoneKitchen with large island bench & stainless steel appliances Air conditioning split systems2 car accommodation plus storage cageMain bathroom with bath and showerMassive outdoor entertaining area fully tiled with private cabana.Ample room to entertainBody Corporate fees are $116.00 per week approximatelyCurrently tenanted until June 2023 at $560.00 per week.This is a very unique property as it is situated on the ground floor with easy access and the biggest outdoor space of all the apartments in the complex.

Property History for 6/255 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$650,000
01 Feb 2023
  • 01 Mar 2023
    Listed for Sale Offers above $650,000
  • 01 Feb 2023
    Sold for $650,000
  • 12 Oct 2022
    Listed for Sale Offers above $650,000
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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 8,096 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 96.91% increase in median value, while Units have seen a 95.24% increase. As at 31 October 2025:

  • The median value for Houses in Varsity Lakes is $1,318,505 while the median value for Units is $887,842.
  • Houses have a median rent of $870 while Units have a median rent of $800.
There are currently 33 properties listed for sale, and 29 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 392 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.