72/98 University Drive, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

72/98 University Drive
Varsity Lakes QLD 4227

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 1139m2
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Property Details for 72/98 University Dr, Varsity Lakes

72/98 University Dr, Varsity Lakes is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 1139m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in March 2024.

Building Type
Unit
Year Built
2002
Floor Size
71m2
Land Size
1139m2
Local Government
Gold Coast City
Lot/Plan
72/SP141119

Last Listing description (October 2024)

Single Level Apartment with Rare Expansive Courtyard!

*** Video Walk Through on Facebook - Varsity Lakes Property Group ***

Discover the enchantment of this apartment at 72/98 University Drive, Varsity Lakes proudly presented by Mitch Harrop. Embrace the comfort, convenience and sheer joy combined to create a place you'll be proud to call home.

This home boasts harmonious living and dining, where the open-plan design beckons you to relish each moment. Seamlessly flowing outside onto the expansive courtyard, bathed in the gentle glow of the easterly sun, flooding this apartment with a light and airy ambience.

Whether you're seeking ownership or investment in this highly coveted complex nestled in the heart of Varsity Lakes, just a short stroll from the bustling restaurants of Varsity CBD and mere minutes from Bond University, this remarkable apartment beckons.

Boasting Home Features Include:

* An expansive 183m2 in size, possibly the largest 1 bedroom in the Varsity Lakes
* Immaculate condition allows for an effortless move-in experience
* Elevated location promises year-round refreshing breezes
* Radiant ambience floods the home with welcoming natural light
* A seamless design offers an open-plan layout with a designated study area
* Enjoy expansive courtyard views with an eastern outlook
* The kitchen is both functional and elegant, providing ample storage space
* Retreat to the luxurious master bedroom featuring an en-suite and mirrored wardrobes
* Hassle-free living with no garden or lawn upkeep required; perfect for lock-up-and-go convenience
* Modern comforts include air conditioning, a dishwasher, and internal laundry facilities
* Accessibility is made easy with convenient elevator access and secure parking included

Council Rates: Approx. $1,270 bi-annually
Water Rates: Approx. $440 per quarter
Body Corporate: Approx. $105 per week
Rental Appraisal: Approx. $600-$650 per week

Boasting Complex Features Include:

* Gymnasium
* Pool with separate spa
* Two shared BBQ areas
* Owners Lounge
* Manicured grounds
* Entire complex recently repainted
* On-site Manager

If you are looking to own or invest into this much sought-after complex in the heart of Varsity Lakes with a short walk to the restaurants of Varsity CBD and minutes to Bond University, then come and see this fantastic apartment.

Contact your local agent Mitch Harrop for more information today!

Disclaimer:
We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
* denotes approximate measurements.

Property History for 72/98 University Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$563,500
19 Mar 2024
  • 19 Mar 2024
    Sold for $563,500
  • 14 Mar 2024
    Listed for Sale Sold
  • 09 May 2007
    Sold for $283,000
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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 8,110 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 30 properties listed for sale, and 26 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 391 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.