OFF MARKET

2/3 Lowood Court
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 110m2
Land area: 80m2
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Property Details for 2/3 Lowood Ct, Varsity Lakes

2/3 Lowood Ct, Varsity Lakes is a 2 bedroom, 1 bathroom Townhouse with 2 parking spaces and was built in 1991. The property has a land size of 80m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Townhouse
Year Built
1991
Floor Size
110m2
Land Size
80m2
Local Government
Gold Coast City
Lot/Plan
2/BUP11157

Last Listing description (June 2022)

LAKES VISTAS | BOAT ACCESS | LOW BODY CORP $38 PER WEEK

A home that's facing north on water has its advantages, it's warmer in winter, brighter in summer and with water vistas overlooking Lake Orr you will certainly enjoy relaxing with family and friends on your own private deck. It is the owners wish and desire to deliver you a home that you can easily move into and enjoy immediately whilst soaking up the sun knowing that paint is new, floors have been updated and the essential appliances have been renewed. Come and check out the birdlife and pods of stingrays that gather along the shores, you will be mesmerised by the amount of natural beauty at your back door!

This home is ready for you to make your move and needs to sell immediately, all offers will be considered prior to the auction.

Low Body Corp in a small block of 8
Solid and Enduring Brick & Tile construction
2 bedrooms
1.5 Bathrooms
2 car parking on title (single garage + additional park)
Large Loft Storage
Loads of additional storage

What's new?
Freshly Painted
Brand New Carpet and Vinyl Planks
New Electric Stove
New Led Lighting
New Fans/ doors and hardware
New Rangehood & Hot plate
Smoke Alarm compliance & Safety switch
Water Access for fishing and watersports

Distances
Varsity College High School 2km (via pedestrian bridge)
Varsity Primary School 1.4km
North Burleigh Beach 3.5km
Robina Town Centre 4.8km

Expected Rental Returns
$650 per week

Body Corp Levies
$38 per week

Rates
$890 (6 monthly)

Water
$350 per quarter

Note* All distances and prices are approximates

Property History for 2/3 Lowood Ct, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$660,000
05 May 2022
  • 05 May 2022
    Sold for $660,000
  • 29 Apr 2022
    Listed for Sale AUCTION
  • 27 Jul 2011
    Sold for $310,000
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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 8,048 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 36 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.

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.