7/251 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
 
OFF MARKET

7/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 103m2
Land area: 1143m2
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Last updated 12 Jan 2026
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Property Details for 7/251 Varsity Pde, Varsity Lakes

7/251 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 1143m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in April 2019.

Building Type
Unit
Year Built
2004
Floor Size
103m2
Land Size
1143m2
Local Government
Gold Coast City
Lot/Plan
7/SP151075

Last Listing description (May 2019)

WATERFRONT APARTMENT
A great investment and an great lifestyle. This 2-bedroom apartment is located in one of the Gold Coasts most sought-after complexes. The Reserve is renowned for its favorable location to Bond University and waterside position.
This apartment is situated at the end of the building so there is only one neighbor. The property is neat and tidy and well presented. Enjoy water views from your balcony

Features:
2 large bedrooms
Spacious open plan living
2 bathrooms
Gourmet kitchen
Stainless steel appliances
Stone bench tops
Separate dining / living / study
Top quality finishes
Resort style facilities
Lagoon pool with beach
Gymnasium
Walking distance to Varsity CBD, public transport, schools, shopping and of course Bond University. Inspections highly recommended!

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Property History for 7/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$400,000
11 Apr 2019
Listed for Rent
$410/w
01 Jan 2011
  • 11 Apr 2019
    Sold for $400,000
  • 28 Feb 2019
    Listed for Sale $399,000+
  • 16 Dec 2010
    Listed for Rent - Price not available
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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 34 properties listed for sale, and 29 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 397 properties were sold in the past 12 months in Varsity lakes.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
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