1/13 North Shore Ave, Varsity Lakes is a 5 bedroom, 4 bathroom House with 2 parking spaces and was built in 2001. The property has a land size of 125m2 and floor size of 172m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Proudly perched on a 269m2 Triplex block with no body corporate, this genuine dual living abode is perfect for buyers looking to merge 2 families together or for the investor looking to boost their portfolio.
This immaculately presented home is currently tenanted with an extremely good cash flow at $1085 per week. The granny flat is a converted garage and completely separate from the main residence. Featuring an open plan living and bedding space with a modern kitchenette, integrated laundry and separate bathroom. Easy access to the backyard and walking side access.
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:
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