SOLD
RECENT ADVICE
Sold on 01 Aug 2024 for $735,000

1 Regensberg Close
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 121m2
Land area: 251m2
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Property Details for 1 Regensberg Cl, Varsity Lakes

1 Regensberg Cl, Varsity Lakes is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 1997. The property has a land size of 251m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom Townhouse sold in Varsity Lakes in the last 12 months.

Building Type
Townhouse
Year Built
1997
Floor Size
121m2
Land Size
251m2
Local Government
Gold Coast City
Lot/Plan
507/RP893903

Last Listing description (August 2024)

This property is located in the secure sought after Scholar's Cove community that boasts a huge tropical resort style pool, spa, tennis court and BBQ area so you have plenty of options for entertaining. Great opportunity for an investor or owner occupier to purchased this property, and tenants is willing to stay for long term lease.

Property Features:
- 3 generous sized other two bedrooms have built in wardrobes and ceiling fans.

- Main bedroom boasts ensuite, built in cupboards, and private balcony.
- Good size bathroom with separate bath.
- Separate toilet downstairs for visitors.
- Ample storage space throughout.
- Fully fenced private back courtyard.
- Lock up single garage with internal access and two additional car spaces.

Complex Features:
- Friendly onsite manager
- Massive resort style swimming pool
- Tennis court
- BBQ area, toilets and showers
- Secure gated complex with intercom to mobile

A short drive to;
- Robina Town Centre Shops
- Bond University
- Varsity Lakes Train Station
- Easy T Shopping Centre
- World famous Burleigh Heads Beach

Property Specifics:
Council Rates: Approx. $1,214.00 half yearly
Water Rates: Approx. $486.00 per quarter
Body Corporate Fees: Approx. $90.00 per week
Current rent: $775.00 per week
Current lease end: 15/07/2024 ( tenants will move out 22nd July 2024)

Please call or text to arrange inspection.

Property History for 1 Regensberg Cl, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$735,000
01 Aug 2024
Listed for Rent
$806/w
20 Apr 2023
  • 01 Aug 2024
    Sold for $735,000
  • 11 Apr 2024
    Listed for Sale $739,000
  • 30 Mar 2023
    Listed for Rent $775 / 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 34 properties listed for sale, and 27 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 423 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.