FOR RENT
$720

1/40 Frascott Avenue
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
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Available From
Friday 14 February 2025| Bond $2,880.00
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Charming 2-Bedroom Home in Prime Varsity Lakes Location

This beautiful 2-bedroom home is the perfect blend of modern living and outdoor entertainment, offering comfort and convenience in a highly sought-after location.
Situated on Frascott Avenue, Varsity Lakes, this property is just a short drive from the stunning beaches of Burleigh Heads, trendy cafes, and boutique shops, while also providing easy access to the motorway for seamless exploration of the wider region.
Property Features:
• Open plan living and dining area with stylish hybrid flooring
• Modern kitchen with ample cupboard space
• Two upstairs bedrooms with ceiling fans and built-in robes
• Air Conditioning in Main Bedroom upstairs
• Single garage with internal laundry and direct access to the unit and backyard
• Additional parking space for two vehicles with side access to the yard
• Expansive entertainer’s space perfect for gatherings
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Property Details for 1/40 Frascott Ave, Varsity Lakes

1/40 Frascott Ave, Varsity Lakes is a 2 bedroom, 1 bathroom Townhouse with 3 parking spaces. The place is currently for rent with RAINE AND HORNE ELITE.

Building Type
Townhouse

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About Varsity Lakes 4227

The size of Varsity Lakes is approximately 5.9 square kilometres. It has 23 parks covering nearly 10.6% of total area. The population of Varsity Lakes in 2011 was 14,365 people. By 2016 the population was 15,000 showing a population growth of 4.4% in the area during that time. The predominant age group in Varsity Lakes is 20-29 years. Households in Varsity Lakes are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Varsity Lakes work in a professional occupation. In 2011, 51.9% of the homes in Varsity Lakes were owner-occupied compared with 51.3% in 2016.

Varsity Lakes has 8,100 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 80.02% increase in median value, while Units have seen a 82.73% increase. As at 31 December 2024:

  • The median value for Houses in Varsity Lakes is $1,188,334 while the median value for Units is $796,484.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 25 properties listed for sale, and 26 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 453 properties were sold in the past 12 months in Varsity lakes.

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Ashley Gallagher
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RAINE AND HORNE ELITE
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