FOR SALE
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3 Balmain Street
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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DECEASED ESTATE MUST BE SOLD

Positioned in the highly sought-after Varsity Lakes community, this charming single-level home is a perfect opportunity for first-time buyers, young families, or investors looking to break into one of the Gold Coast's most desirable suburbs. Freshly updated with new carpets and paint in neutral tones, the home is move-in ready, with only a little TLC needed in the garden to complete the picture.
Located on a generous 425m² block, the property is nestled in a peaceful street backing onto Wattle Park, offering a tranquil outlook and an abundance of space and nature right on your doorstep. The home sits within the coveted catchment zone for Varsity Primary and Senior College, and is within walking distance to Varsity Primary, making it a highly attractive option for families.
This versatile property provides a comfortable lifestyle in a location where everything is within reach - local cafes, restaurants, Bond University, and Varsity Lakes train station are just a short drive or walk away. Plus, you're only minutes from the stunning Burleigh Beach and Miami Headland, ensuring you can enjoy the best of both worlds - peaceful suburban living with easy access to vibrant coastal hotspots.
Key Features:
• 3 Bedrooms: Master with ensuite and walk-in robe, remaining bedrooms with built-in robes
• 2 Bathrooms: Including ensuite off the master
• Double Lock-Up Garage: With convenient two-way access
• Outdoor Entertaining Area: Ideal for family gatherings or relaxing in the sunshine
• Backs Onto Wattle Park: Offering a peaceful, nature-filled outlook
• Additional Features: Security screens, air conditioning, and plenty of potential to create your dream garden
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Property Details for 3 Balmain St, Varsity Lakes

3 Balmain St, Varsity Lakes is a 3 bedroom, 2 bathroom House with 2 parking spaces. The place is currently for sale with Ray White Burleigh Group.

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House

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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 8,051 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 83.43% increase in median value, while Units have seen a 78.54% increase. As at 31 October 2024:

  • The median value for Houses in Varsity Lakes is $1,169,868 while the median value for Units is $779,938.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 35 properties listed for sale, and 25 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 416 properties were sold in the past 12 months in Varsity lakes.

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Brad Payne
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Ray White Burleigh Group
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