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Sold on 08 Dec 2023 for $960,000

1 Minnesota Street
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Land area: 448m2
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Property Details for 1 Minnesota St, Varsity Lakes

1 Minnesota St, Varsity Lakes is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 448m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 4 bedroom House sold in Varsity Lakes in the last 12 months.

Building Type
House
Land Size
448m2
Local Government
Gold Coast City
Lot/Plan
216/RP887461

Last Listing description (December 2023)

It’s smaller than the photos make it look and it needs a little TLC … but it's a house on a nice corner block that could be just perfect for you!

Located it the north-east corner of Varsity Lakes this section was originally developed as part of Robina and is part of the Varsity School catchment area.

It’s walking distance to all the shops, restaurants and medical facilities of Christine Corner as well as schools and Bond University. Its' low maintenance block makes it easy to enjoy weekends sailing on the Lake nearby.

HIGHLIGHTS: - Single Level Home - Original Presentation - Near Bus Stop – Small Block – 4 Bed – 2 Bath – 1 Car – 2 Living Areas – Walk to Shops.

KITCHEN: - Laminate Bench Tops, 4 Drawers, 13 Cupboards, Double Pantry, Electric oven, Single sink

LIVING: - Carpeted lounge, Family room, Tiled Meals Area

BEDROOMS: -
Bed 1; Ensuite, Walk in Robe, Rear Garden view, carpeted
Bed 2; Double built-in, Garden view, carpeted
Bed 3; Double built-in Robe, Garden view, carpeted

BATHROOMS: -
Main: Bath, Single vanity, Separate toilet, 4 Drawers, 3 Cupboards, Shower, exhaust fan.
Ensuite: Shower with toilet, Single vanity, 4 drawers, 2 Cupboards, exhaust fan

UTILITIES: - Garden Shed, Electric Hot Water System, Double Linen Cupboard, Seperate Laundry

OUTDOORS: - Patio, Established Gardens, Large Corner Frontage

SIZES:

Land - 448 m2
House - 160 m2

INCOME ESTIMATE:
$850 per week

OUTGOINGS:

Council - $2,980 per year
Water - $517 per quarter

SCHOOL CATCHMENT ZONE:

Varsity College Primary Campus
Varsity College secondary Campus

Private Schools:
King’s Christian College
Marymount College

FEATURES & OPTIONS:

Air conditioning
Ensuite
Electric hot water
Built in robes
Pet friendly
Fully fenced
Remote garage door
Shed

DISTANCES:

Bus Stop – 750 m
Local Shops – 1.1 km
Major Shopping Centre – 2.5 km

Primary School – 1.2 km
High School – 3.7 km
Parkland – 500 m

Highway – 1.0 km
Train Station – 3.1 km
Beach – 3.5 km

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 Minnesota St, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$960,000
08 Dec 2023
  • 04 Dec 2023
    Sold for $966,000
  • 30 Nov 2023
    Listed for Sale Offers Over $895,000
  • 14 Aug 2003
    Sold for $327,500
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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 8,047 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 88.34% increase in median value, while Units have seen a 72.99% increase. As at 30 September 2024:

  • The median value for Houses in Varsity Lakes is $1,169,841 while the median value for Units is $755,001.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 26 properties listed for sale, and 28 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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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.