OFF MARKET

2/36 Frascott Avenue
Varsity Lakes QLD 4227

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 76m2
Land area: 116m2
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Property Details for 2/36 Frascott Ave, Varsity Lakes

2/36 Frascott Ave, Varsity Lakes is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 116m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in April 2021.

Building Type
Unit
Year Built
1985
Floor Size
76m2
Land Size
116m2
Local Government
Gold Coast City
Lot/Plan
2/BUP6668

Last Listing description (August 2021)

UNDER CONTRACT- A great starter home or investment property. This adorable townhouse has been updated and boasts a new kitchen and stunning bathroom. This is an ideal home for those seeking the easy lifestyle. Enjoy open plan living that flows through to a lovely courtyard suitable for kids and pets and a spacious internal garage with plenty of storage.

Features:

2 spacious bedrooms
1 modern bathroom
Open plan living/dining/kitchen
Single internal garage with laundry
Fully fenced yard for kids and pets
Air conditioning
Electric stove
Rangehood
Oven
Dishwasher
New hot water system
Perfect location by the dog park ideal for pets.
Rates approx. $1,494 for 6 months
Waters approx. $356 for 3 months
Body corp approx. $35 a week

The hard work has been done with this adorable and affordable property, Ideal for a family just starting out or a perfect investment. Properties like this are selling quickly so you will need to act fast!

Property History for 2/36 Frascott Ave, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$455,000
23 Apr 2021
Listed for Rent
$330/w
23 Nov 2013
  • 23 Apr 2021
    Sold for $455,000
  • 20 Apr 2021
    Listed for Sale Offers over $399,000
  • 14 Jul 2017
    Sold for $300,000
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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.

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.