7/255 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

7/255 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 106m2
Land area: 2408m2
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Property Details for 7/255 Varsity Pde, Varsity Lakes

7/255 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 2408m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in December 2018.

Building Type
Unit
Year Built
2004
Floor Size
106m2
Land Size
2408m2
Local Government
Gold Coast City
Lot/Plan
7/SP164872

Last Listing description (March 2019)

Situated in the exclusive 'The Cape' we have on offer a ground floor apartment with a fabulous entertaining deck spanning over 100m2. Perfectly positioned to capture the beautiful vista of Lake Orr and the summer breezes, this property will not disappoint.
Open plan living, dining and kitchen looking directly out to the terrace and lake, the excellent layout sees the 2 bedrooms and 2 bathrooms on opposite sides of the unit for maximum privacy. 12-foot ceilings with floor to ceiling slide back doors fill the unit with light.
On the terrace there are 2 large undercover areas for year-round use and room to entertain everyone you know with direct access to the swimming pool and lakefront through your own personal gated entrance.

included is 2 secure basement car parks and separate storage cage close to the lift for convenience.
'The Cape' is situated in Varsity Lakes which is a master planned community. Walking distance to the central hub where you will find shopping, restaurants, bars and retail. There are walking and bike trails all around the lake with major infrastructure such as Bond University and Varsity College nearby, and only a 5 minute drive to our world famous beaches.
FEATURES:
- 2 Bedrooms
- 2 Bathrooms
- Air-conditioned
- Large terrace
- 2 car spaces
- Separate storage
- Lakefront
- Resort swimming pool
- BBQ facilities
- Gymnasium

Property History for 7/255 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$490,000
29 Dec 2018
Listed for Rent
$430/w
19 Jan 2012
  • 29 Dec 2018
    Sold for $490,000
  • 30 Oct 2018
    Listed for Sale $510,000
  • 10 Jan 2012
    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 35 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.

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.