57/251 Varsity Parade, Varsity Lakes, QLD 4227
Comparable sales range
$1,042,095 – $1,318,256
Asking: $929,000+ View By Appointment
Range derived from recent comparable sales, each adjusted for floor area, land size, condition and location. How we build this range.
57/251 Varsity Parade, Varsity Lakes, QLD 4227 is a 2 bed, 2 bath, 2 car apartment / unit / flat in Varsity Lakes, Queensland. This page shows its recorded sale history and a data-driven valuation based on comparable local sales.
Sale history
| Year | Price | Type |
|---|---|---|
| 2010 | $355,000 | Sale |
| 2007 | $337,500 | Sale |
| 2003 | $295,500 | Sale |
Source: historical sale records. Prices shown as recorded.
One of 156 Two-Beds at The Reserve, and Why That Makes This Price Easy to Test
Listed 19 August 2026 at $929,000+, with 46 same-scheme 2-bed sales on record to measure it against.
The 2-bed is the standard home at The Reserve, so its price is unusually well documented: 52 sales across the scheme in three years, and a range built from 2-bed sales in the same scheme.
One of 156: the standard home at The Reserve
2-bed homes make up 156 of the 205 dwellings at The Reserve, about three in four, which makes this the most common home in the scheme.
What the same-scheme sales say
Twelve 2-bed sales at 251 Varsity Parade, each index-adjusted to today, give an evidence range of $853,354–$1,145,134.
The attached market around it
In the Robina attached-dwelling market, homes sold in a median of 14 days (n=206), and 33 attached homes are listed now.
At the doorstep
Childcare is 202 m away, Varsity Promenade park 235 m, a school 296 m and Coles 800 m. All are within walking distance.
Frequently asked
What is 57/251 Varsity Parade, Varsity Lakes worth?
Same-scheme sales put it in an evidence range of $853,354–$1,145,134, centred around $999,244. The range comes from 12 sales of 2-bed homes at The Reserve (out of 46 available), each index-adjusted to today. The ±14.6% band is a measured coverage band: it is this method's P80 error on 967 Robina attached sales (median error 4.8%, 69.1% of estimates within 10%). It is not a confidence interval, and it does not predict the sale price.
How does this compare to others in The Reserve?
It is the most common home type in the scheme: 156 of the 205 dwellings are 2-bed. The scheme has recorded 52 sales in the last three years, between $585,000 and $1,227,000. The most recent of the 12 comparable 2-bed sales were 163/251 at $1,180,000 (6 October 2026) and 34/251 at $1,135,000 (17 August 2026). Between 2-beds in the same scheme, the differences come from floor level, aspect, outlook and condition.
How long has 57/251 Varsity Parade been on the market?
It was first listed on 19 August 2026, with an advertised guide of $929,000+ (View By Appointment), through Mitch Harrop of Harcourts Property Hub. For context, the median time on market for Robina attached homes over the past 12 months was 14 days.
What are the body corporate costs?
Levies are set by The Reserve's body corporate (CMS31561) and are not in our data. The current levy, what it covers, the sinking fund position and any planned special levies need to be confirmed on the body corporate disclosure statement, which the agent provides.