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Asking Price
$995,000
On 5,093 properties that later sold, blending providers in narrowed typical error from 6.68% to 5.66%, and lifted the share landing within 10% of the sale price from 66.9% to 73.3%.
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Property overview
This 2-bedroom apartment at 43/255 Varsity Parade in Varsity Lakes, QLD 4227 is listed at $995K, with 2 bathrooms and parking for 2. It offers 110 m2 of internal living space. The apartment was built in 2006. Varsity Lakes sits about 79 km from the CBD, where the median unit price is $920K. Council data records flood overlay on the site. There are 20 schools within roughly 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 $995,000 asking signal.
Signals use available listing and suburb data. They are not personal financial advice.
- Planning overlay risk
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Varsity Lakes at a glance
Unit market signals | QLD 4227
Median
$920K
Market signals
To CBD
79 km
Est. Valuation
$1,047,148
Potential Sell Price
Est. Rent/wk
$882
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
Planning Overlays
Overlays Detected
Subdivision & Development Potential
Indicative assessment only. Consult your local council planning department for definitive subdivision information.
Total Cost to Purchase
- Purchase Price
- $995,000
- Stamp Duty (Queensland)
- $37,800
- Transfer/Registration Fee
- $1,200
- Legal & Conveyancing (est.)
- $2,000
- Building & Pest Inspection (est.)
- $700
- Total Cash Required
- $1,036,700
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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