SOLD
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Sold on 07 Dec 2023 for $1,400,000

16 Placid Court
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 970m2
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Property Details for 16 Placid Ct, Varsity Lakes

16 Placid Ct, Varsity Lakes is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 970m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 4 bedroom House sold in Varsity Lakes in the last 12 months.

Building Type
House
Land Size
970m2
Local Government
Gold Coast City
Lot/Plan
67/RP812017

Last Listing description (December 2023)

Nestled in a quiet cul-de-sac street on a massive 970sqm allotment, this single level, solid brick and tile waterfront home is perfectly positioned for those looking to secure their own private and peaceful lifestyle out of the hustle and bustle, yet conveniently located just a short drive to Burleigh Beach, Robina Town Centre, schools, local shops, parks and public transport.

Presenting in neat and tidy condition and flooded with natural light, this property boasts over 21m of waterfrontage, enabling you to enjoy endless relaxing moments over the water and offers the opportunity to entertain all year round with the extensive covered alfresco which flows directly off the large open plan kitchen.


Gorgeous water views from multiple areas throughout the home, with a functional open plan floor plate which accommodates families wanting space and privacy with three separate living areas.

The master suite is located at the rear of the house and benefits from water views, a walk-in robe, ensuite and split system air conditioning. There are three additional tiled bedrooms all with built-in robes, a family bathroom with separate toilet and large laundry.

A separate formal living or rumpus room allows for comfortable low maintenance living in a sought after area.

Within close proximity to Frascott Park a huge pet-friendly park offers plenty of room for the kids to run and play, making it an ideal location for families or a sensational property to add to an investment portfolio.

Located inside the sought after school catchment of Varsity College and surrounded by other public and private schools such as Bond University. Varsity Lakes is one of the most highly sought after suburbs to live in on the Gold Coast, surrounded by award winning golf courses, restaurants and a major shopping Centre - Robina Town Centre. This home is located within minutes' drive to the train station, Cbus Stadium, Pacific Motorway and approx. 15 mins to the beautiful Burleigh Beach. A lifestyle awaits that is as relaxed or as busy as you want it - Varsity Lakes is the place to live!

Property Features:

• 4 bedroom, 2 bathroom, 2 car garage
• 970sqm block with 21m of waterfrontage
• Quiet cul-de-sac of quality waterfront homes
• Open plan living and dining areas with air conditioning
• Central kitchen with electric appliances, plenty of storage and water views
• Separate formal living or rumpus room
• Massive outdoor covered alfresco perfect for entertaining
• Extensive rear garden and lawn, completely secure for kids and pets
• Master suite with walk-in robe, ensuite and air conditioning
• Three additional bedrooms all with built-in robes
• Family bathroom with separate toilet and bathtub
• Large separate laundry
• Automatic double lock up garage
• Driveway parking for additional off street parking
• Side access
• Fully tiled throughout
• Mature manicured gardens and lawns

Property Outgoings:

• Council Rates: $1,925.92* half yearly
• Water Rates: $516.67* per quarter
• Rental Appraisal: $1,200 per week
*Approx

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but 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 the information contained herein.

Property History for 16 Placid Ct, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$1,400,000
07 Dec 2023
Listed for Rent
$880/w
30 Nov 2021
  • 29 Nov 2023
    Sold for $1,400,000
  • 01 Nov 2023
    Listed for Sale Offers Over $1,450,000
  • 29 Oct 2021
    Listed for Rent $880 / week
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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 8,048 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 27 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 424 properties were sold in the past 12 months in Varsity lakes.

Suburb Insights for Varsity Lakes 4227

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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.