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Sold on 29 Jul 2024 for $750,000

1/14 Gammon Drive
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Property Details for 1/14 Gammon Dr, Varsity Lakes

1/14 Gammon Dr, Varsity Lakes is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom Townhouse sold in Varsity Lakes in the last 12 months.

Building Type
Townhouse
Local Government
Gold Coast City
Lot/Plan
1/SP144689

Last Listing description (July 2024)

Explore the vast potential of this impressive 3-bedroom townhouse, boasting the largest backyard in the entire complex. Perfectly positioned with a north-facing aspect for warmth in winter and cool brightness in summer, this home offers limitless possibilities for outdoor enthusiasts.

Property Details:
• Type: 2-Storey Walk-up Townhouse- Just one of 11 townhouses

• Bedrooms: 3
• Bathrooms: 2.5
• Parking: Double garage with additional workshop/storage
• Yard: Fully fenced with access gate
• Climate Control: Ducted air-conditioning throughout
• Rental Potential: The last tenant this year paid $770 per week
• Body Corporate: Approximately $84 per week
• Bus Stop 150m approx.

Key Features:
• Living Space: Upstairs bedrooms ensure a private and quiet living area, complemented by a powder room and adjacent laundry.
• Outdoor Haven: Enormous backyard suitable for a sprawling vegetable patch, tropical oasis garden, or convenient storage for a camper, boat, or trailer.
• Garage: Double garage with a generous workshop area ideal for tinkering or a home-based business setup.
• Community Benefits: Direct access to a nearby nature reserve with pathways leading into Robina, popular among walkers and cyclists.
• Education and Lifestyle: Located in family-friendly Varsity Lakes, renowned for its exceptional schools like Varsity Lakes Colleges (Primary & Secondary) and proximity to Bond University.
• Shopping & Dining Experiences: Just 5mins you will discover Robina Town Centre

Robina Town Centre
Robina Town Centre is home to an array of international and home-grown brands spanning apparel, homewares, footwear, sporting goods, health and beauty, technology and more. With over 320 specialty stores, including David Jones, Myer, H&M, Big W, Target, Kmart, two Woolworths Supermarkets, Coles and the Coast's only Apple and Lego Certified stores, shoppers are spoiled for choice.

Dining is at the heart of Robina Town Centre, with three dedicated food destinations offering unique experiences suited to every taste and budget. Choose from over 15 casual eateries at the 900-seat, air-conditioned Food Atrium, perfect for a quick bite-to-eat or lunch on the go. The Promenade's laidback lakeside dining precinct features a stellar line-up of family-friendly restaurants and sporting bars that are the ideal venue choice for social gatherings and special celebrations. Or visit The Kitchens, a food lover's delight where globally-inspired cuisine takes on a local twist. From barista-made coffee, freshly-baked cinnamon buns and macarons, to hand-crafted dumplings, gyoza and crepes, delicatessen delights, creamy gelato and warming ramen, The Kitchens sets the benchmark for all-day dining.

Varsity Lakes
Stroll along lakeside boardwalks and walking paths or throw in a line at Lake Orr and for a spot of fishing. Market Square is the retail hub of Varsity Lakes and is home to cute cafes, restaurants and take away options. Sample a local drop at Wildflower Gin distillery. Its central location makes Varsity Lakes an excellent home base for exploring the Gold Coast.

This is a rare opportunity not to be missed! Whether you're a growing family, outdoor enthusiast, looking to invest or shopaholic this townhouse offers it all. Act quickly as the interstate owner is motivated to sell before auction. Contact us today to arrange your inspection.

Property History for 1/14 Gammon Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$750,000
29 Jul 2024
Listed for Rent
$770/w
22 Sep 2023
  • 25 Jul 2024
    Sold for $750,000
  • 28 Jun 2024
    Listed for Sale Auction
  • 22 Sep 2023
    Listed for Rent $770 / week
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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 8,048 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 27 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.

Suburb Insights for Varsity Lakes 4227

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Jon Paul
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Ray White Robina
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Disclaimer
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.