OFF MARKET

1/5 Assembly Drive
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 125m2
Land area: 185m2
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Property Details for 1/5 Assembly Dr, Varsity Lakes

1/5 Assembly Dr, Varsity Lakes is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 185m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in June 2013.

Building Type
Unit
Year Built
2005
Floor Size
125m2
Land Size
185m2
Local Government
Gold Coast City
Lot/Plan
1/SP158342

Last Listing description (December 2013)

PRICE REDUCED OWNER WANTS IT SOLD
VARSITY INVESTMENT OPPORTUNITY IN SUPREME LOCATION Modern style and contemporary finishes highlight this outstanding town house located within easy walking distance of Varsitys CBD , Varsity College, Bond Uni and the expansive beauty of Lake Orr. Conveniently positioned to enjoy an enviable lifestyle, this executive property offers versatile open plan living spaces and private courtyard to capture the morning sunrise. Situated in a secure gated boutique complex of only 20, this outstanding townhouse features three spacious bedrooms (master with ensuite), and built in robes in all bedrooms. Fully tiled living area, quality kitchen with stainless appliances, the spacious open plan living/dining area flows out to your own private courtyard. Add the bonus of internal laundry & lock up garage.The property is currently tenanted with a return of $405 per week.So close to Bond Uni and Market Square with its array of dining options, walking distance to Varsity College and Varsity senior school. Only minutes to Robina Town Centre with a plethora of dining, fashion and entertainment options, Robina hospital, Titans football stadium, Robina & Varsity rail link, all this and only minutes from fabulous Gold Coast Beaches.

Property History for 1/5 Assembly Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$341,000
26 Jun 2013
  • 02 Dec 2013
    Listed for Sale SOLD
  • 26 Jun 2013
    Sold for $341,000
  • 22 Apr 2013
    Listed for Sale $349,000
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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 25 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 425 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

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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.