70/251 Varsity Parade, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

70/251 Varsity Parade
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 107m2
Land area: 2849m2
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Property Details for 70/251 Varsity Pde, Varsity Lakes

70/251 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 2849m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
Unit
Year Built
2004
Floor Size
107m2
Land Size
2849m2
Local Government
Gold Coast City
Lot/Plan
70/SP151076

Last Listing description (June 2025)

Welcome to your dream apartment at The Reserve Varsity Lakes! This stunning completely refurbished property boasts 2 spacious bedrooms, plus a large separate multipurpose room with French doors which could be utilized as a home office, second living area or guest bedroom and 2 modern bathrooms, with a great layout that makes it perfect for families or roommates.

Brand new luxury chef's kitchen awaits with top-of-the-line appliances included. Also, a full-sized laundry with built in cupboards and let's not forget the 8m x 4m balcony for entertaining or to enjoy as an extension of the living area. Included with this apartment are 2 Full length carparks and a large storage cage.

The Reserve has amazing facilities for residents including a 48-metre pool with sandy beach, full size spa, Sauna, plunge pool and 2 Gyms. There is also a fully stocked Library and Media Room.

The complex is located on Lake Orr close to Bond University and in the catchment area for Varsity lakes College. With its own boardwalk it is close to everything that Varsity Lakes Central has to offer inc local IGA, coffee shops and lots of food options. Coles Supermarket is opening later this year and is 2 blocks away.

The Reserve also has 2 stage security for all residents with APP or Fob access. There are no water charges for this property.

Disclaimer:
All information (including but not limited to the property area, floor size, price, address and general property description) is provided as a convenience to you, and has been provided to LJ Hooker by third parties. LJ Hooker is unable to definitively confirm whether the information listed is correct or 100% accurate. LJ Hooker does not accept any liability (direct or indirect) for any injury, loss, claim, damage or any incidental or consequential damages, including but not limited to lost profits or savings, arising out of or in any way connected with the use of any information, or any error, omission or defect in the information, contained on the Website. Information contained on the Website should not be relied upon and you should make your own enquiries and seek legal advice in respect of any property on the Website. Prices displayed on the Website are current at the time of issue, but may change.

Property History for 70/251 Varsity Pde, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$620,000
04 Apr 2022
Listed for Rent
$925/w
04 Jun 2025
  • 04 Jun 2025
    Listed for Rent $925 / week
  • 04 Apr 2022
    Listed for Sale Contact Agent
  • 04 Apr 2022
    Sold for $620,000
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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 96.91% increase in median value, while Units have seen a 95.24% increase. As at 31 October 2025:

  • The median value for Houses in Varsity Lakes is $1,318,505 while the median value for Units is $887,842.
  • Houses have a median rent of $870 while Units have a median rent of $800.
There are currently 33 properties listed for sale, and 29 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 389 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.