63/228 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

63/228 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 66m2
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Property Details for 63/228 Varsity Pde, Varsity Lakes

63/228 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 66m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in October 2016.

Building Type
Unit
Year Built
2007
Floor Size
59m2
Land Size
66m2
Local Government
Gold Coast City
Lot/Plan
240/SP182411

Last Listing description (December 2016)

*RED HOT INVESTOR SPECIAL $395 PW RENT* This property will be positively geared with current low interest rates. Right in the heart of Varsity Lakes, the location is stellar attracting Bond Uni students (walking distance), local professionals and conference/holiday guests. Well kept and managed it's a no-brainer addition to your property portfolio and could become the ideal lifestyle investment for you to utilize in between leases. Excellent depreciation benefits also apply here.
PROPERTY HIGHLIGHTS
Generous size 1 Bedroom with walk-in-robe

1 Bathroom with stone benches
Combined living/dining space
A/C
Contemporary kitchen with stone benches and quality stainless steel appliances
Laundry cupboard
Fully furnished
Secure single car park
Lift access
Swimming pool / Gym / BBQ
Executive foyer
LOCATION HIGHLIGHTS
Walk to shops, cafes and amenities
Handy to public transport and Robina Town Centre
Walking distance to Bond University
10min drive to Mermaid Beach or Burleigh Beach
The Chancellor Executive Apartments is a preferred accommodation provider to Bond University and its corporate and conference clientele. In addition to students and conference visitors, it also attracts holiday makers, single professionals for long-stay tenancy plus is the accommodation provider for The Chancellor Conference Centre and many international travel agents. The Chancellor Executive Apartments boast an extremely high occupancy rate all year around.

Property History for 63/228 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$260,000
14 Oct 2016
  • 14 Oct 2016
    Sold for $260,000
  • 12 Aug 2016
    Listed for Sale $269,000
  • 11 Jan 2008
    Sold for $357,500
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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 8,095 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 35 properties listed for sale, and 29 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 396 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.