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Sold on 02 Feb 2024 for $989,050

1/10 Thornleigh Crescent
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 319m2
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Property Details for 1/10 Thornleigh Cres, Varsity Lakes

1/10 Thornleigh Cres, Varsity Lakes is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 319m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Varsity Lakes in the last 12 months.

Building Type
House
Land Size
319m2
Local Government
Gold Coast City
Lot/Plan
2/GTP4250

Last Listing description (February 2024)

HIGHLIGHTS: - Single Level, Immaculate Presentation, Low Maintenance Block, 3 Bed, 2 Bath, 2 Car, 1 Living Area, Pet Friendly.

DESCRIPTION:
Discover a tropical haven in Varsity Lakes – an inviting retreat tailored for both first home buyers and retirees. This modern property seamlessly blends contemporary design with a low-maintenance lifestyle, perfect for easy care. The open-plan layout and abundance of natural light create a spacious interior, ideal for entertaining or quiet enjoyment.

Step into your private oasis, where a lush garden and tropical touches enhance the outdoor spaces. Whether entering the property market or seeking a peaceful sanctuary in retirement, this residence offers a harmonious blend of style and comfort, ensuring a relaxed and effortless living experience.

**Please note: I've listed this property as a house because it is a freestanding dwelling. However, technically it is on a Community Titles Scheme. Basically that means that its a freestanding duplex and there is a shared insurance policy with the neighbour of approx. $1,250 per year. No other fees and no adjoining walls. It is completely detached, which I think is a real bonus.

KITCHEN: -
Stone Look Benchtop, 11 Cupboards, 6 Drawers, Single Door Pantry, Double Sink, Dishwasher, Electric Cooktop, Electric Oven, Stainless Steel, Standard Rangehood

LIVING: -
Combined Lounge/Dining, Ceiling Fan, Bamboo Timber Floors,

BEDROOMS: -
Bed 1;
Triple Built-In Robe, Garden View, Ceiling Fan, Carpet, Ensuite

Bed 2;
Double Built-In Robe, Carpet, Ceiling Fan, Garden View

Bed 3;
Double Built-In Robe, Carpet, Ceiling Fan, Front Yard View

BATHROOMS:
MAIN:
Shower, 2 Drawers, Single Vanity, Bathtub, 2 Cupboards

ENSUITE:
Shower, Toilet, 3 Cupboards, 2 Drawers, Single Vanity, Rain Shower

UTILITIES: -
Single Linen Cupboard, Broom Cupboard, Separate Laundry Room, Electric Hot Water System, Double Lock Up Garage - 1 x Auto Opener

OUTDOORS: -
Clothes Line, Undercover Pergola

SIZES:

Land - 319 m2
House - 154 m2
Bed One – 4.2 m x 4.5 m
Bed Two – 3.0 m x 3.3 m
Bed Three – 2.7 m x 3.9 m
Lounge/Dining – 4.8 m x 7.5 m
Garage – 5.5 m x 5.6 m

INCOME ESTIMATE:

$825 per week (currently owner occupied)

OUTGOINGS:

Council - $1,913 per year
Water - $389 per quarter
Shared Insurance - $1,250 per year

SCHOOL CATCHMENT ZONE:

Caningeraba State Primary School
Varsity College Secondary School

Private Schools:
Somerset College
Hillcrest Christian College
King’s College
All Saints Anglican

FEATURES & OPTIONS:

Air-Conditioning, Ceiling Fans, Separate Broom Cupboard, Built-In Robes, Security Screens

DISTANCES:

Bus Stop – 350 m
Local Shops – 1500 m
Major Shopping Centre – 5.2 km

Primary School – 2.1 km
High School – 5.1 km
Parkland – 230 m

Highway – 4.7 km
Train Station – 4.1 km
Beach – 4.1 km

INSPECTIONS: AVAILABLE MOST DAYS: - 8 am ‘til 7 pm.

SUBURB PROFILE - VARSITY LAKES

Varsity Lakes was created in 2002 when the suburb of Stephens was amalgamated with Andrews and a section of Robina to form this new fully-planned community.
The suburb is conveniently located around 13 kilometres from Surfers Paradise and less than a seven-minute drive from Burleigh beach. Close proximity to the Pacific Motorway and Robina train station make Varsity Lakes easily accessible.

Situated on Lake Orr and alongside Bond University, Varsity Lakes features an extensive network of beautifully presented waterways and recreational parks, which are linked by more than 20 kilometres of walking and bike trails. New and existing houses, units and townhouses are available to buy or rent throughout the suburb.

Varsity College provides education for preschool to Year 12 and a range of additional education options are located in nearby suburbs. Cafes, restaurants and a range of retail outlets are on offer at the Lakefront Market Square and a burgeoning business district exists at Varsity Central, providing a range of local employment opportunities.

Property History for 1/10 Thornleigh Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$989,050
02 Feb 2024
Listed for Rent
$395/w
11 Feb 2014
  • 08 Jan 2024
    Sold for $989,050
  • 03 Jan 2024
    Listed for Sale Offers Over $920,000
  • 04 May 2021
    Sold for $742,000
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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 8,045 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 33 properties listed for sale, and 26 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 424 properties were sold in the past 12 months in Varsity lakes.

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.