FOR SALE
Offers over $950,000

8/29 Port Peyra Crescent
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Experience premium waterfront living on Azzurra Island

An upscale expression of easy-care living, this luxuriously appointed three bedroom townhome commands a prized waterfront position on exclusive Azzurra Island. From the travertine tiled floors to the sun-drenched courtyard and water views, it exemplifies quality, style and supreme functionality. It's close to transport, major shopping centres, schools and only 15 minutes to the beach.
- Two storey executive haven with water views in a quiet, manicured enclave
- Travertine tiles, ducted air conditioning and high ceilings throughout
- Free-flowing, open plan layout at ground level with great cross ventilation
- Modern kitchen complete with Bosch appliances, stone benches, dishwasher
- Relax with friends in the private entertainer's courtyard with leafy outlook
- Versatile study/sitting area upstairs with chevron flooring throughout
- Premium main bedroom offers a water-view balcony, ensuite and walk-in robe
- Bedroom 2 also offers a balcony, bed 3 with wrap-around corner window
- Ducted air conditioning, downstairs powder room, single garage and carport
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Property Details for 8/29 Port Peyra Cres, Varsity Lakes

8/29 Port Peyra Cres, Varsity Lakes is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces. The place is currently for sale with McGrath Coolangatta/Tweed Heads & Tweed Coast.

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 8,051 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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Kelly Annakin
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McGrath Coolangatta/Tweed Heads & Tweed Coast
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