OFF MARKET

142/1-7 Moores Crescent
Varsity Lakes QLD 4227

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 74m2
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Property Details for 142/1-7 Moores Cres, Varsity Lakes

142/1-7 Moores Cres, Varsity Lakes is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 74m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
2009
Land Size
74m2
Local Government
Gold Coast City
Lot/Plan
42/SP206288

Last Listing description (January 2022)

Lake Orr is just metres away from your new home and so are a variety of shops, local eateries, cafes, hotel, brewery and university which all makes this location a superb choice.

Only a short drive away you will discover some of the best pristine beaches in the world with surfing reserves such as Burleigh Heads, Kirra, and Snapper Rocks to name a few. The shopping is also world class with Robina Town Shopping and Pacific Fair just a short car ride away to experience some outstanding shopping experiences.

This apartment has the option to either live-in, permanently rent for $420 per week or holiday rent from $210 per night.

Come and see why the friendly locals call Varsity Lakes home!

Property Highlights:
* 1 bedroom apartment
* 1 bathroom with stone top vanity and internal laundry
* 1 car park
* Open plan living and dining space
* Bathroom with stone top vanity
* Air-conditioned
* Lift access
* Gym room/BBQ area
* Rooftop swimming pool with views of Lake Orr and the Hinterland
* Foyer and on-site management
* Secure parking

Location Highlights:
* Walking distance to Bond University
* Public transport at your door is only minutes to Robina Town Centre
* 10 minutes drive to Burleigh Beach or Mermaid Beach
* Walk to shops, cafes, and amenities

Income:
$420 per week or $210 per night holiday
Tenant vacates on 22nd December 2021

Outgoing:
Rates $1,851 approx pa
Water $2,452 approx pa
Body Corp Levies $120.00 per week
Management fees on request

Property History for 142/1-7 Moores Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$360,000
14 Dec 2021
Listed for Rent
$410/w
25 Sep 2017
  • 14 Dec 2021
    Sold for $360,000
  • 04 Nov 2021
    Listed for Sale AUCTION
  • 14 Sep 2017
    Listed for Rent - Price not available
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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 8,093 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 86.62% increase in median value, while Units have seen a 77.39% increase. As at 31 July 2024:

  • The median value for Houses in Varsity Lakes is $1,162,033 while the median value for Units is $760,798.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 40 properties listed for sale, and 30 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 448 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

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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.