Back 221/29 Varsity Parade
Off Market

221/29 Varsity Parade

Varsity Lakes QLD 4227

2
2
2
0 m²
Apartment
Last sold for $480,000
Darren LewisDarren Lewis, last sold this property on 27 September 2021 after 23 days on market.

Overview

OPPORTUNITY AWIATS IN VARSITY LAKES

Currently rented out until March 2022 in the Government NRAS program which equates to a return of $572 per week ($361 per week rent plus $11,000 per year subsidy from the government). Spacious floor plan featuring two generous bedrooms, two bathrooms, open plan living and dining combination and gourmet kitchen. Quality finishes throughout including stone bench tops and stainless steel appliances. There is an outdoor patio ideal for entertaining. Features 2 spacious bedrooms 2 bathrooms 2 car accommodation open plan living and dining gourmet kitchen stainless steel appliances stone bench tops outdoor entertaining air-conditioning ceiling fans pool gym Body Corp approx $72per week. Rates and water approx $3000 per year Rental appraisal $480 to $520 per week Edgewater is a well maintained complex enjoying a prime location on the banks of Lake Orr with kilometres of walking and cycling tracks on your doorstep. Walking distance to both Varsity Primary and High Schools. Bond University is also within close proximity and some of the Gold Coast's best beaches are only minutes drive away. Inspections are highly recommended.

Features

2 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
0 m² floor area
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Varsity Lakes over the last 12 months, the estimated median property value of 221/29 Varsity Parade is $860k.

Median value
$860k
Estimated value range
$723k - $1.18m
Median days on market
22
Estimated value trend
15%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Varsity Lakes. 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 221/29 Varsity Parade

2025
Rented
Undisclosed
Leased on 29 Jul 2025 by Custom Realty Group
2021
Sold
$480,000
27 Sep 2021 by Darren Lewis, of RE/MAX Regency

Happy sellers in Varsity Lakes

92%
92% of sellers in Varsity Lakes reported that their sale price either exceeded or met their price expectations.

Varsity Lakes stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 92 reviews in Varsity Lakes over the last 12 months.

Local market activity for 2 bedroom apartments in Varsity Lakes

In the last 12 months, 62 two-bedroom apartments similar to 221/29 Varsity Parade, have been sold.

This represents a 8% increase in two-bedroom apartments 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 Varsity Lakes

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent