SOLD
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Sold on 22 Feb 2024 for $715,000

2/1 Lowood Court
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
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Property Details for 2/1 Lowood Ct, Varsity Lakes

2/1 Lowood Ct, Varsity Lakes is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Townhouse sold in Varsity Lakes in the last 12 months.

Building Type
Townhouse
Local Government
Gold Coast City
Lot/Plan
2/BUP11146

Last Listing description (February 2024)

Super opportunity for the owner occupier or investor to get into the Central GC Marketplace!

The functional design is complimented by the small group of only 10 townhouses in the complex and is nestled quietly away with private courtyard and side access to the waterway.

A clever use of colours combined with timber flooring and carpet compliment the air conditioned interior with a functional kitchen design to complete the living experience.

All bedrooms are generous in size with a balcony of master suite.

With just a two minute walk to local shopping including, Christine Corner Dining Precinct and Aldi you sit in the Varsity Lakes School Catchment area as well with public transport almost at your door that can take directly to Burleigh beach or straight through to Robina Shopping Centre.

As well as your lock up garage, you also have plenty of visitor parking available in complex.

The low body corporate of approximately $62.00 per week is a great incentive as well.

The central GC is the one of the fastest growing capital growth areas on the Gold Coast.

Make Varsity Lakes your next move….

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Property History for 2/1 Lowood Ct, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$715,000
22 Feb 2024
Listed for Rent
$690/w
20 Apr 2023
  • 08 Feb 2024
    Sold for $715,000
  • 18 Aug 2023
    Listed for Sale $730,000
  • 11 Apr 2023
    Listed for Rent $690 / 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 8,093 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.

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Justin Smith
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Smith Realty & Associates
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