80/98 University Drive, Varsity Lakes, QLD 4227 | Property Value & History | OnTheHouse
OFF MARKET

80/98 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 80/98 University Dr, Varsity Lakes

80/98 University Dr, Varsity Lakes is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2004. 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 January 2022.

Building Type
Unit
Year Built
2004
Floor Size
71m2
Land Size
1139m2
Local Government
Gold Coast City
Lot/Plan
80/SP141119

Last Listing description (February 2022)

Capitalising a sunny north east facing aspect this top floor apartment will tick all the right boxes for those looking for their first home or investment.

"Central Park" consists of 92 one and two bedroom apartments and unit 80 can be accessed via the lift or stairs.

Let's not forget about the outstanding facilities such as the BBQ, gym and pool. The complex was painted three years ago and plans to upgrade the intercoms are in the works. With new management on board, now is the time to take a fresh look at this one!

The property is within walking distance to Bond University 5 mins, Varsity College 2mins (high school), lakeside walks 5mins and an array of Cafes, the CBD hotel, fish and chips, and an authentic German bakery to name a few.

Currently rented till April 22 for $390.00 per week

Outgoings:
Council Rates $984 (6 Monthly) approx
Water $366 per quarter approx
Body Corporate $93 per week

Features:
* 1 bedroom
* 1 bathroom
* 1 separate study with built-in and desk
* 1 carpark on title
* Fully furnished
* 5km to the beach
* Lift Access
* Pool | Gym | BBQ
* Gated community with on-site management
* 78sqm in total
* Opposite Private Hospital

Central Varsity Highlights
* Loads of Community Events such as "Winterfest" and street festivals
* Live Music and Trivia Nights
* Walking Distance to every shop and cafe in Varsity central
* Achtung! Authentic German Bakery
* Comfort Coffee & Donuts from D point 10
* The Rusty Barrel Tapas Bar and Whisky- Yum! Live Music Saturday and Sunday
* Bottoms up! The Lake Brewhouse fantastic lakeside position
* CBD hotel- Have a punt and a meal.
* IGA Convenience- Fantastic for essentials just 500 meters away!
* Varsity College- 150 meters away
* Lakeside walks are waiting for you, kilometers of walking tracks
* Bond University- have a son or daughter? Central Park is a location you will want to be!

We are going to auction on the 6th of February so all offers are welcomed prior.

Property History for 80/98 University Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$328,000
29 Jan 2022
  • 29 Jan 2022
    Sold for $328,000
  • 23 Nov 2021
    Listed for Sale Auction
  • 12 Sep 2008
    Sold for $287,000
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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 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.