RateMyAgentGo to search
Back 16/8 Varsityview Court
Off Market

16/8 Varsityview Court

Sippy Downs QLD 4556

4
4
1
0 m²
91 m²
Unit
Last sold for $455,000
Ambre PerryAmbre Perry, last sold this property on 29 August 2025 after -10 days on market.

Overview

Secure 4-Bedroom Investment – $1,001 Weekly Rent

PerryCooper Property is proud to present 16/8 Varsity View Court, Sippy Downs, a rare high-yield investment opportunity in the tightly held Varsity Complex. Just a short 5-minute walk from the University of the Sunshine Coast, this four-bedroom, four-bathroom apartment is designed for student living and already has four tenants in place. Each room is leased separately, creating diversified income streams and reduced vacancy risk. With three tenants paying $252 per week and one tenant paying $245 per week, the property generates approximately $1,001 per week or $52,000 annually, delivering an outstanding 11.6% gross yield based on a $450,000 purchase price. The Varsity Complex is highly sought after by students, offering a lifestyle of convenience, community, and resort-style facilities. Purpose-built for student accommodation, it provides peace of mind for investors with onsite management, consistently low vacancy rates, and strong rental demand from both domestic and international students. This is a set-and-forget opportunity that combines location, lifestyle appeal, and strong financial performance. • Four self-contained bedrooms, each with private ensuite, built-in robe, fan & lockable door • Fully tenanted: 3x at $252/week & 1x at $245/week (approx. $52,000 p.a. gross) • Each room rented separately – reduces vacancy risk & maximises returns • Approx. 11.6% gross yield at $450,000 purchase price • Fully furnished with shared kitchen & open-plan living/dining • Private balcony plus single car space for added tenant appeal • Resort-style facilities: 2x pools, tennis & basketball courts, games room & gym • Secure gated complex with professional onsite management • 5-minute walk to Sunshine Coast University, shops, cafes & transport • Consistently high rental demand with historically low vacancy rates

Features

4 bedrooms
4 bathrooms
1 carspace
1 garage space
0 m² floor area
91 m² lot size
Unit

Estimated Value

Based on this property and similar 4 bedroom units sold in Sippy Downs over the last 12 months, the estimated median property value of 16/8 Varsityview Court is $503k.

Median value
$503k
Estimated value range
$455k - $520k
Median days on market
34
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Sippy Downs. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 16/8 Varsityview Court

2025
Sold
$455,000
29 Aug 2025 by Ambre Perry, of Perry Cooper Property

Happy sellers in Sippy Downs

89%
89% of sellers in Sippy Downs reported that their sale price either exceeded or met their price expectations.

Sippy Downs stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 41 reviews in Sippy Downs over the last 12 months.

Local market activity for 4 bedroom units in Sippy Downs

In the last 12 months, 4 four-bedroom units similar to 16/8 Varsityview Court, have been sold.

This represents a 400% decrease in four-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Sippy Downs

placeholder
Jack Ryan

Sellers who recommend Jack Ryan have praised them for being clear communication, local expert, responsive, friendly, honest, great negotiation and strategic

  •   5   (76 reviews)
  •  17 Reviews in Sippy Downs
  •  18 Sales in Sippy Downs
View profile
placeholder
Sofia Zanone

Sellers who recommend Sofia Zanone have praised them for being clear communication, local expert, friendly, reliable, well-prepared, proactive and great negotiation

  •   5   (91 reviews)
  •  10 Reviews in Sippy Downs
  •  7 Sales in Sippy Downs
View profile
placeholder
Michael Stack

Michael Stack is a recommended agent for Sippy Downs.  They have 13 local sales and collected 3 local reviews across the last 12 months.

  •   4.8   (164 reviews)
  •  3 Reviews in Sippy Downs
  •  13 Sales in Sippy Downs
View profile
placeholder
Tristan Hamson

Tristan Hamson is a recommended agent for Sippy Downs.  They have 10 local sales and collected 3 local reviews across the last 12 months.

  •   5   (5 reviews)
  •  3 Reviews in Sippy Downs
  •  10 Sales in Sippy Downs
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap