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PRIVATE PROPERTY REPORT · Updated Thursday 22 October 2026Thu 22 Oct 2026
Aerial view of 62/228 Varsity Parade
A living map — drive times, sold comps & your commute

62/228 Varsity Parade

Varsity Lakes, QLD · Chancellor
1 bed1 bath1 carSurvey plan scheme
WHAT RECORDED SALES SAY

Recorded sales put this unit between

$575,755 – $780,559

Priced from recent sales in this building, brought to today by a bedroom-matched index.

Last recorded sale$270,000 · Jan 2017 · held 9 years

Chancellor

Scheme
Survey plan
3–5 storeys
Last sale in this scheme
2026
Fields records
Homes in the scheme
87
85 with 1 bedrooms
Building height
18.5 m
lift: yes (inferred)

1-bedroom units sold nearby

Prices as recorded, no adjustment
2/251 Varsity Parade
SOLD · 30 MAR 2026 · 270 m
2/251 Varsity Parade
$1,181,000
2 bed · 2 bath
SOLD · 14 NOV 2023 · 270 m
3/251 Varsity Parade$765,000
SOLD · 16 MAR 2026 · 310 m
4/253 Varsity Parade$980,000
SOLD · 17 AUG 2026 · 330 m
34/251 Varsity Parade$1,135,000
SOLD · 17 DEC 2025 · 330 m
100/251 Varsity Parade$1,020,000

Rent and yield, postcode 4227

Unit asking rent
$856 a week
4 weeks to Oct 2026
Gross yield at this unit’s range
5.7%–7.7%
postcode rent, before costs

Gross yield = asking rent × 52 ÷ price, before costs. Postcode-level asking rents from SQM Research. General information, not advice.

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Varsity Lakes in numbers

Median unit price, last 12 months
$955,000
Units listed now
33
Drive from this home
Varsity College Senior Campus 1 min · Robina Town Centre 6 min · Burleigh Beach 12 min · Surfers Paradise 15 min
Source: Fields sales records. Figures as recorded.
FROM WILL SIMPSON · FIELDS REAL ESTATE

The Gold Coast market, explained on camera

Short takes from Will on what the data is showing right now.
Walkthrough · 4 minClearance rates halved in a year

If you sold today

See how Varsity Lakes is moving right now.