51/521-525 Varley Street, Yorkeys Knob, QLD 4878 sold on 06 May 2025 | OnTheHouse
 
SOLD
Sold on 06 May 2025 for $390,000

51/521-525 Varley Street
Yorkeys Knob QLD 4878

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Property Details for 51/521-525 Varley St, Yorkeys Knob

51/521-525 Varley St, Yorkeys Knob is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 2 bedroom Unit sold in Yorkeys Knob in the last 12 months.

Building Type
Unit

Last Listing description (May 2025)

What a golden opportunity for investors. With a long-term tenant in place and a rent increase imminent, this apartment has the prospect of a 6.9% gross yield *

The location is quiet and convenient and appeals to those who fly in fly out, or work in the city, but want to return home to a beach suburb in just 10-15 minutes.

Just a short stroll to the boat club and marina, the golf course, a selection of beachfront eateries and local shops, medical centre and coffee shop.

Yorkey's beach is an absolute dream, with wide sands, patrolled with swimming nets, bbqs, playgrounds and with wheelchair access.

On-site management and caretakers look after tenants and owners; secure car parking, a pool, elevators/lifts, and secure pedestrian access make Majestic Palms a sought-after complex.

The unit is a two storey maisonette style apartment with two bedrooms and two bathrooms upstairs (one en-suite), and large open plan living, and kitchen downstairs.

The living room opens onto a huge balcony with room for lounging and dining with lovely mountain views.

* Based on projected rent increase in Sept 2025

Please Note : All information contained herein is gathered from sources we believe to be reliable. This Office & its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information & disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries & assume various searches to verify the information contained herein.

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Property History for 51/521-525 Varley St, Yorkeys Knob, QLD 4878

A timeline of how this property has performed in the market
Last Sold
$390,000
06 May 2025
  • 06 May 2025
    Sold for $390,000
  • 26 Mar 2025
    Listed for Sale SOLD | Contact Agent
  • 09 Nov 2010
    Sold for $335,000
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About Yorkeys Knob 4878

The size of Yorkeys Knob is approximately 11.3 square kilometres. It has 8 parks covering nearly 3.5% of total area. The population of Yorkeys Knob in 2016 was 2759 people. By 2021 the population was 2794 showing a population growth of 1.3% in the area during that time. The predominant age group in Yorkeys Knob is 60-69 years. Households in Yorkeys Knob are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Yorkeys Knob work in a professional occupation.In 2021, 51.20% of the homes in Yorkeys Knob were owner-occupied compared with 41.80% in 2016.

Yorkeys Knob has 1,879 properties. Over the last 5 years, Houses in Yorkeys Knob have seen a 53.60% increase in median value, while Units have seen a 117.50% increase. As at 31 October 2025:

  • The median value for Houses in Yorkeys Knob is $609,388 while the median value for Units is $468,326.
  • Houses have a median rent of $550 while Units have a median rent of $500.
There are currently 27 properties listed for sale, and 4 properties listed for rent in Yorkeys knob on OnTheHouse. According to Cotality's data, 131 properties were sold in the past 12 months in Yorkeys knob.

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Anna Waller
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Thomas Baldwin Boutique Real Estate
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