OFF MARKET

12 Palma Crescent
Varsity Lakes QLD 4227

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 330m2
Land area: 500m2
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Property Details for 12 Palma Cres, Varsity Lakes

12 Palma Cres, Varsity Lakes is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 2001. The property has a land size of 500m2 and floor size of 330m2. While the property is not currently for sale or for rent, it was last sold in September 2018.

Building Type
House
Year Built
2001
Floor Size
330m2
Land Size
500m2
Local Government
Gold Coast City
Lot/Plan
289/SP158888

Last Listing description (October 2018)

How often do you come across a huge 2 storey home with 5 bedrooms plus a study, 3 bathrooms, and only minutes to great schools, beaches and shopping centres?
12 Palma Crescent, Varsity Lakes has this and more.
This magnificent residence lives and breathes with a personality and character of its own, concealing a tranquil home full of natural light, size and space.

As you walk through the double door entrance you get a feeling of the scale of this home. With high ceilings throughout, this home offers a sense of grandeur, privacy and style.
With its new, gourmet kitchen it forms the central hub of the spacious, open plan living area, seamlessly flowing out to the in ground pool where you can feel the relaxed ambiance this home provides for the family or the entertainer in us all.
A versatile floorplan with multiple and generously proportioned spaces allows for harmonious large family living.
An abundance of unique features such as coffee bar, rear projector with media screen, ducted air con, vacumaid, cosy alfresco entertaining area with hi-top bar, security and recently renovated this home caters to everyone.
This beautiful, family home provides:
Ground floor:
* Modern, gourmet, designer kitchen with Caesar stone benchtops and 2 pac cabinetry
* Separate Coffee Bar
* Lounge with media screen and projector
* Formal Dining
* Multiple, versatile living areas
* Downstairs bedroom with built in desk
* Bathroom
* Laundry
* Family room flows out onto fully tiled pool and alfresco entertaining area
* Sparkling, in ground pool
* Low maintenance gardens and lawn
Upstairs:
* Huge master bedroom with spa bath ensuite and massive walk-in-robe. Balcony with views to Broadbeach skyline
* Oversized second master bedroom with balcony and adjoining bathroom
* Spacious other two bedrooms with built in study desks
* Study or sixth Bedroom
* Relax in the large, central living zone
Other features of the home:
* Fully ducted Air-conditioning plus ceiling fans
* Abundance of storage
* Double garage with internal access plus storage areas
* 500m2 block
* Council Rates $1700 per year approx.
* Water Rates $1400 per year approx.
Situated in the much sought after Varsity School catchment zone and within walking distance to the school. With an ideal location close to the Varsity train station, Robina Town Centre, Bond University, schools, parks, beaches and easy access to M1 freeway this property won't last long. CALL NOW!
Disclaimer: In preparing this information, we have used our best endeavours to ensure that the information contained herein is true and accurate, and accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers should make their own enquiries to verify any information contained herein

Property History for 12 Palma Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$867,000
04 Sep 2018
Listed for Rent
$730/w
18 Apr 2015
  • 04 Sep 2018
    Sold for $867,000
  • 20 Aug 2018
    Listed for Sale $869,000+
  • 21 Sep 2015
    Sold for $720,000
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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 8,047 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, 426 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.