99/251 Varsity ParadeVarsity Lakes QLD 4227
Property Details for 99/251 Varsity Pde, Varsity Lakes
99/251 Varsity Pde, Varsity Lakes is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2002. The property has a land size of 2849m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (July 2025)
Enjoy views from this elevated Easterly facing apartment. Currently occupied by a great long term tenant through until November 2023 offering a secure investment or purchase and move in. The Reserve is Varsity Lake's premier apartment complex with resort style features and perfectly positioned directly across the road from world renowned Bond University.The apartment itself is open plan with spacious living areas and bedrooms. With views from each room it is a pleasure being anywhere in the apartment..Features:2 spacious bedroomsMaster with large WIR, en-suite and private balconySecond bedroom with BIR with viewsGourmet kitchen with stone benches, S/S appliances and ample bench spaceOpen plan living and dining zoneLarge outdoor entertainers balcony with viewsSeparate laundryAmple storage2 car accommodationStorage cage2 balconiesResort style facilitiesResort poolGymnasiums, spas, steam room, BBQ areas, libraryWalking distance to Varsity restaurant precinct, Varsity Schools and public transport. Robina Mall and Burleigh heads beach is also a short drive away. Inspections are highly recommended.Currently tenanted until 26th November, 2023 at $640.00 per week.Advertising Disclaimer: We have prepared this information to the best of our knowledge 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 or inaccuracies that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.
Property History for 99/251 Varsity Pde, Varsity Lakes, QLD 4227
- 21 Sep 2023Sold for $717,000
- 26 Aug 2023Listed for Sale Offers above $699,000
- 20 Jan 2020Listed for Rent $540 / week
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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 8,104 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 89.77% increase in median value, while Units have seen a 102.81% increase. As at 28 February 2026:
- The median value for Houses in Varsity Lakes is $1,376,945 while the median value for Units is $958,531.
- Houses have a median rent of $880 while Units have a median rent of $800.
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