SOLD
Sold on 29 May 2024 for $830,000

11 Emily Way
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 130m2
Land area: 125m2
Sold By
McDermott Residential
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Property Details for 11 Emily Way, Varsity Lakes

11 Emily Way, Varsity Lakes is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2010. The property has a land size of 125m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom Townhouse sold in Varsity Lakes in the last 12 months.

Building Type
Townhouse
Year Built
2010
Floor Size
130m2
Land Size
125m2
Local Government
Gold Coast City
Lot/Plan
321/SP214423

Last Listing description (August 2024)

Ultra-chic, Soho, loft-style townhouse right in the heart of Varsity Lakes, only a stroll to Varsity College and approx. 100m to endless lakeside pathways. Located in the exclusive Southbay at Varsity Lakes and rarely offered for sale, this low maintenance, modern terrace home is ideal for busy executives or a young family and is the perfect addition to your high-end portfolio. From the spacious layout, clever design, contemporary ambience and lakeside estate location, this home epitomises the Gold Coast lifestyle.

Showcasing modern architecture, the lower level offers an open plan layout, maximising both space and practicality. The living area is further enhanced by full length windows, utilising the east-facing aspect. The spacious living and dining areas flow nicely to the private undercover patio through full-length glass doors, perfect for entertaining and alfresco dining.

The stylish kitchen boasts European appliances, gas stove top, island bench/breakfast bar and plenty of storage. The lower level also features a separate bathroom/laundry combination for your convenience. Highlighting practicality, a newly added pergola with fan maximises the outdoor space, with the secure carport accessible through separate entry from rear laneway and plenty of on-street parking at the front.

The upper-level features 3 spacious bedrooms, including master with BIR and mezzanine balcony to the first floor. The second and third bedrooms feature BIR's and fans, with air-conditioning and semi-ensuite to 3rd bedroom. This floor is serviced by the generous two-way bathroom with double vanity for your convenience.

With a mere $31/week body corporate (inclusive of building insurance), communal BBQ facilities and very high demand in this area, this is smart investing in the Varsity College school zone. Southbay at Varsity Lakes is a short walk to Lake Orr, Aldi Shopping Hub, Day Care Centre, Varsity College SPS as well as a host of other facilities. Stroll along the lakeside pathways and other local parks, only minutes from a host of quality facilities including Easy T Centre and Robina Town Centre.

A short distance to Varsity Senior College and Varsity Market Square with award-winning restaurants, specialty shops and only minutes to Bond University. All within easy access to the M1 Motorway, only 10 minutes to Broadbeach, Burleigh Heads and fabulous Gold Coast beaches. This property must be seen to be appreciated. With very high demand in this location it simply will not last!

Call now for more information or to book a private inspection.

Disclaimer:
Whilst all care has been taken to ensure accuracy in the preparation of the particulars herein, no warranty can be given, and interested parties must rely on their own enquires. This business is independently owned and operated by Emerald Coral Pty Ltd t/as McDermott Residential ABN 51 811 642 130

Property History for 11 Emily Way, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$830,000
29 May 2024
Listed for Rent
$770/w
04 Jul 2023
  • 29 May 2024
    Sold for $830,000
  • 09 May 2024
    Listed for Sale Off-market Property
  • 30 Jun 2023
    Listed for Sale Contact Agent
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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 8,042 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 30 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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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.