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This property has been sold for $720,000 on 3 Sept 2026
43 days on market
Market context at sale
Property overview
This 1-bedroom apartment at 302/190 Varsity Parade in Varsity Lakes, QLD 4227 sold for $720K in September 2026, with 1 bathroom and parking for 1. The apartment was built in 2017. Varsity Lakes sits about 79 km from the CBD, where the median unit price is $920K. 20 schools sit within about 5km, and the area scores 41 for walkability and 62 for transit out of 100.
A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.
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Based on $685,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
Listed
Updated
Days on market
43
Investment Score
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Varsity Lakes at a glance
Unit market signals | QLD 4227
Median
$920K
Market signals
To CBD
79 km
Est. Valuation
$750,097
Potential Sell Price
Est. Rent/wk
$700
Potential Gross Yield
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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.
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Key Highlights
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
Total Cost to Purchase
- Purchase Price
- $685,000
- Stamp Duty (Queensland)
- $23,850
- Transfer/Registration Fee
- $1,200
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $712,750
Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.
Listing Details
- Density
- High Density
- Listed
- Last Updated
- Postcode
- 4227
- Original listing
- Original listing is on paid plans
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How accurate are AU property valuations?
Four providers benchmarked against 14,000 sold prices. MAE 6.82% to 11.24%, all biased high.
Where Australian property prices are rising and falling in 2026
Capital growth across 12,000+ tracked suburbs: WA +12%, VIC +3.9%, plus the picture in every other state.
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