Home/Properties/Varsity Lakes/412/29-49 Varsity Parade
412/29-49 Varsity Parade, Varsity Lakes$690,000
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412/29-49 Varsity Parade

Varsity Lakes, QLD 4227, Australia
$690,000
1 bed 1 bath 1 car69 m²

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About this property

Positioned on the shores of picturesque Lake Orr, this light-filled apartment offers the perfect blend of comfort, convenience, and lifestyle. Its desirable end position welcomes an abundance of natural light through additional windows, while the open-plan living and dining area flows seamlessly onto a sun-soaked north-facing balcony, creating the ideal space to relax or entertain. The contemporary kitchen is complete with stone benchtops, stainless steel appliances, and ample storage, while the spacious bedroom features a built-in robe, ceiling fan, and large windows. A stylish bathroom, reverse-cycle air conditioning, separate laundry, and generous storage throughout complete this well-appointed residence. Residents of Edgewater Residences enjoy an exceptional lifestyle with resort-style amenities, including a 20-metre lap pool, fully equipped gym, games room, spacious BBQ area, secure gated entry, and ample visitor parking. Ideally positioned close to cafés, parklands, public transport, and local amenities, this is an outstanding opportunity for first-home buyers, downsizers, and investors alike. Currently tenanted until December 2026 at $700 PW Body Corp approx $110 PW Disclaimer: We have, in preparing this information, used our best endeavours to ensure that the information contained herein is true and accurate; however, we accept no responsibility and disclaim all liability for 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 Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
1
Land Area
69 m²
Listed
3 weeks ago

Repayment calculator

$3,345/month
$1,673 /fortnight
Loan $552,000 at 6.10% over 30 years

Upfront costs

Deposit$138,000
Stamp duty$24,075
Conveyancing (est.)$2,000
Total upfront$164,075
Verify with QLD revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Varsity Lakes

This 1-bedroom apartment in Varsity Lakes, QLD 4227 sits within reach of public transport, local shops and nearby schools. It is listed 45% below the $1.25m median of 62 comparable apartmentswithin 5 km.

Schools near Varsity Lakes

  • Mastery Schools Australia - Varsity Lakes Campuscombined
  • Varsity Collegecombined · Prep-12 · CoEd
  • Arcadia College - Varsity Lakes Temporary Facilitysecondary

What's nearby

  • Varsity Pde near University Dr (bus)405 m away
  • Aldi655 m away
  • Varsity Foreshore Parklands634 m away
  • Varsity Foreshore Parklands641 m away
  • Lake Orr Parklands724 m away

Varsity Lakes at a glance

Full suburb profile
Population
16,493
Median age
36
Household income
$1,646/wk
Median rent
$490/wk
Median mortgage
$1,842/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Varsity Lakes price trend

Median sold · Unit 1 bed

Compound growth +15.7% / yr over 4 yrs

$700kcurrent median

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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