OFF MARKET

11/1 Gammon Drive
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Land area: 259m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 11/1 Gammon Dr, Varsity Lakes

11/1 Gammon Dr, Varsity Lakes is a 3 bedroom, 3 bathroom Townhouse with 2 parking spaces. The property has a land size of 259m2.

Building Type
Townhouse
Land Size
259m2
Local Government
Gold Coast City

Last Listing description (November 2018)

- Three spacious bedrooms all include built-in robes with extra shelving, carpets and ceiling fans,
- All bedrooms are fitted with a private shower
- 3 showers and toilets (including downstairs for guest comfort)

- Separate laundry area downstairs
- Air-conditioned lounge room, dining room.
- All bedrooms have ceiling fans, built in wardrobes and additional cloths shelving
- Stainless steel appliances in kitchen including dishwasher and fan forced oven.
- Big entertainment balcony with low maintenance backyard
- Single lock up garage plus 1 coved car space on the driveway
- Minutes away from Robina Town Centre, Robina Train Station
- The complex has a swimming pool and BBQ area built in for all residents to utilise
- Currently rented out @$480 per week
ENTRY VIA GERALDTON DRIVE

Property History for 11/1 Gammon Dr, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Listed for Rent
$470/w
25 Aug 2017
  • 30 Oct 2018
    Listed for Sale $420,000
  • 30 Jul 2017
    Listed for Rent $470 / week
  • 17 Mar 2014
    Listed for Sale Neg. Over

Commute Calculator

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

Market Insights
Varsity Lakes Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Varsity Lakes Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.