OFF MARKET

11 Wisconsin Street
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 142m2
Land area: 485m2
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Property Details for 11 Wisconsin St, Varsity Lakes

11 Wisconsin St, Varsity Lakes is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1995. The property has a land size of 485m2 and floor size of 142m2. While the property is not currently for sale or for rent, it was last sold in November 2022.

Building Type
House
Year Built
1995
Floor Size
142m2
Land Size
485m2
Local Government
Gold Coast City
Lot/Plan
177/RP882165

Last Listing description (December 2022)

Only 2 streets away from Burleigh Waters but far better positioned in a quite cul-de-sac, this home is really perfectly sandwiched between the Burleigh beach and Lake Orr (one of the most underrated areas on the Gold Coast). You really get the best of both worlds.

The block is 485m2 and the house has been built to one side so that it allows you to have a generous backyard (which is more than big enough for a pool should you want one or to kick around a football) entertain comfortably and also has side access should you wish to store anything. Inside, the floor plan is clever and the home is incredibly well-kept. I've already put my buyers eyes on and check all the cornices and skirting boards and it's rock solid. The master bedroom is at the back of the home and has access to the outside entertaining and all other bedrooms are offset from each other, meaning that they are all incredibly private. Bedroom 4 could be used as both a home office or a bedroom.

For downsizers it's ideal as the block is flat, low maintenance and super central. Families will love the safety, the proximity to schools, the Lake and the beach. For investors, the area is still growing and the rental returns are incredible, meaning that this is a no brainer for short and long term returns. An added bonus is for anyone that likes to renovate or leave their own mark, the home has a perfect scope for change.

Some sensational geography for you:

5 minute walk to Lake Orr
6 minute drive to North Burleigh Beach
6 minute drive to Robina Town Centre
6 minute drive to Bond University or you can walk there in 20-25 mins
5 minute drive to the M1 motorway
15 minute push bike ride to Varsity Senior School
5 minute drive to Caningeraba State School
5 minute walk to local shops, cafes and restaurants

HIGHLIGHTS:
Solid brick single storey home on a generous 485m2 block
4 bedrooms/2 bathrooms/double lock up garage
Great backyard with room for a pool
Generous living areas that lead to outside entertaining and bedrooms
Air conditioning
Great floor plan ideal for families, downsizers and investors
Open kitchen
Situated in a quiet cul-de-sac
Safe neighbourhood with a great sense of community
A short walk to Lake Orr and the water
Dining/meals area
Well maintained
Separate laundry
Fantastic investment in a high growth area
Very close to Varsity College Primary and Senior Schools, Hospital, Robina Town Centre, Bond University and Burleigh Beach!

Call Greg 0475 046 561 or Tracy 0413 640 052 to organise an inspection or for any other information.

POTENTIAL INCOME:
Rental potential: $900- $950 week (approx)
Airbnb/Stayz: $230-$620 per night (entire home)

COUNCIL RATES:
Council Rates - $2168.02pa (approx.)

SCHOOL CATCHMENT ZONE:
Caningeraba State School
Varsity College Senior School
Bond University

DISTANCES:
Bus Stop - 250 m
Local Shopping Centre - 300 mm
Major Shopping Centre - 4.5 km
Primary School - 1.7 km
High School - 4.2 km by car and 2.1 km by push bike
Parkland - 65 m

Highway - 3.4 m
Train Station - 3.4 km
Beach - 3.8 km
Hospital - 6.4 km

Property History for 11 Wisconsin St, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$970,000
24 Nov 2022
  • 24 Nov 2022
    Sold for $970,000
  • 01 Aug 2022
    Listed for Sale Not Disclosed
  • 28 Mar 2014
    Listed for Sale $510,000
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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 8,044 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, 425 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.