81 M2 + SMALL FENCED REAR YARD WITH CONCRETE FLOOR, OF APPROX 25 M2 ACCESSED VIA A SMALL REAR ROLLER DOOR.UPMARKET COMPLEX WITH INTERCOM SYSTEM & ELECTRIC SECURITY GATE.TOILET & KITCHENETTE AT REAR OF UNIT.FULL HEIGHT FRONT ROLLER DOOR.GOOD REVERSING ACCESS.CURRENTLY LEASED TO SURF LIFE SAVING AUSTRALIA RETURNING $10,362 P.A. NETT. P.A.- 5% RENT INCREASE DUE DECEMBER 2016. LEASE EXPIRES DECEMBER 2017. CURRENT TENANT WILL NOT RENEW.SUITED TO AN INVESTOR OR OWNER OCCUPIER WILLING TO WAIT A YEAR TO GET IN & OCCUPY IT. FOR FURTHER INFO, PLEASE CONTACT GILES BUSHE ON 0425 254 941 OR BRENDA FLEMMING ON 0429 907 485
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 8,110 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 97.92% increase in median value, while Units have seen a 98.70% increase. As at 31 January 2026:
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