61/255 Varsity ParadeVarsity Lakes QLD 4227
Property Details for 61/255 Varsity Pde, Varsity Lakes
61/255 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 110m2. While the property is not currently for sale or for rent, it was last sold in February 2022.
Last Listing description (April 2022)
This waterfront apartment is currently tenanted until September 2022. A prime location and enjoying expansive water views from the 5th floor. "The Cape" is situated on the water in the heart of Varsity Lakes. There are fantastic views to Burleigh and over Lake Orr from both bedrooms and living areas.
A spacious 2 bedroom, 2 bathroom apartment with open plan living and dining .There is a gourmet kitchen with stone bench tops and stainless steel appliances. There are fantastic views to Burleigh and over Lake Orr from both bedrooms and living areas. The large outdoor balcony is ideal for entertaining.
Features:
2 spacious bedrooms
2 bathrooms
2 car accommodation
North-East aspect
Generous balcony
Open plan living
Pool and bbq area
Storage cage
Gymnasium
Air conditioned
Bond University is directly across the street and Varsity schools and shopping district is all within walking distance. There is also 20 plus kilometres of walking and cycling tracks. Inspections are highly recommended and by appointment only
Property History for 61/255 Varsity Pde, Varsity Lakes, QLD 4227
- 10 Feb 2022Sold for $701,000
- 08 Feb 2022Listed for Sale Offers from the mid $600k's
- 24 Aug 2004Sold for $525,500
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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 8,104 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 89.77% increase in median value, while Units have seen a 102.81% increase. As at 28 February 2026:
- The median value for Houses in Varsity Lakes is $1,376,945 while the median value for Units is $958,531.
- Houses have a median rent of $880 while Units have a median rent of $800.
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