98 University Drive, Varsity Lakes, QLD 4227 sold on 05 February 2026 | OnTheHouse
SOLD
Sold on 05 Feb 2026 for $730,000

98 University Drive
Varsity Lakes QLD 4227

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 920m2
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Property Details for Lot 85/98 University Dr, Varsity Lakes

Lot 85/98 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 920m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 1 bedroom Unit sold in Varsity Lakes in the last 12 months.

Building Type
Unit
Year Built
2004
Floor Size
69m2
Land Size
920m2
Local Government
Gold Coast City
Lot/Plan
85/SP141120

Last Listing description (February 2024)

A spacious, picturesque apartment with lift access that enjoys elevated breezes and gorgeous Hinterland and Varsity Skyline views.

Enjoy an open plan living / dining that flows beautifully through to the large balcony where you can unwind and enjoy some of the world's best sunsets.

Not to mention, this much sought-after complex is only a few minutes' walk to the restaurants and cafes of Varsity CBD and only a 3 minute walk to Bond University - the location really could not be better!

This apartment is owner occupied and kept in immaculate condition, we are certain you'll love this home as much as we do.

Boasting apartment features include:
- Large master bedroom with en-suite
- Elevated position for year round breezes
- Open plan living area with study space
- Plantation shutters in the bedroom
- Large spacious balcony with Hinterland views
- Functional kitchen with ample cupboard amp; storage space
- New flooring throughout the entire apartment
- No garden or lawn maintenance, lock up and leave home
- Air-conditioning, dishwasher amp; internal laundry
- Fantastic rental returns if desired
- Lift access, so no stairs + single secure parking
- New storage cupboards
- Enjoy affordable body corporate fees

Complex facilities include:
- On-site Manager - maintained gardens
- Two shared BBQ areas
- Pool with separate spa
- Gymnasium
- Gated security with intercom

Body Corporate fees: Approx. $88 per week
Council Rates: Approx. $960 per 6 months
Water Rates: Approx. $365 per 3 months

Being within close proximity to local shops, cafes, gyms, Varsity College and Bond University, this location is highly sought after. Found in one of the Gold Coast's hotspot hubs, you will not be disappointed by what this property has to offer.

Contact your local Varsity Lakes agent Mitch Harrop today!

Advertising 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.

Disclaimer:
Advertising 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 Lot 85/98 University Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$730,000
05 Feb 2026
Listed for Rent
$330/w
08 Mar 2012
  • 05 Feb 2026
    Sold for $730,000
  • 16 Feb 2023
    Listed for Sale Sold
  • 23 Jan 2023
    Sold for $432,100
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About Varsity Lakes 4227

The size of Varsity Lakes is approximately 5.9 square kilometres. There are 23 parks, covering nearly 10.6% of the 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 20-29 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 8,109 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 77.66% increase in median value, while Units have seen a 101.59% increase. As at 31 May 2026:

  • The median value for Houses in Varsity Lakes is $1,406,103 while the median value for Units is $1,018,407.
  • Houses have a median rent of $950 while Units have a median rent of $810.
There are currently 63 properties listed for sale, and 29 properties listed for rent in Varsity lakes on OnTheHouse. According to Cotality's data, 419 properties were sold in the past 12 months in Varsity lakes.

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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.