SOLD
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Sold on 22 Aug 2024 for $940,000

2/9 Palma Crescent
Varsity Lakes QLD 4227

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 153m2
Land area: 157m2
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Property Details for 2/9 Palma Cres, Varsity Lakes

2/9 Palma Cres, Varsity Lakes is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2005. The property has a land size of 157m2 and floor size of 153m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Varsity Lakes in the last 12 months.

Building Type
House
Year Built
2005
Floor Size
153m2
Land Size
157m2
Local Government
Gold Coast City
Lot/Plan
2/SP181467

Last Listing description (August 2024)

Expressions of interest closing 22nd July 2024

Occupying one of Varsity's most convenient address, this well-appointed duplex offers style, space and affordability in one neat package. The appealing single level floor plan makes this the ideal home to Nest or invest, but be quick.

With a great sense of privacy this lovely three bedroom plus study (currently used as a 4th bedroom) offering space and privacy containing two bathrooms a spacious living, dining and kitchen, beautiful outdoor alfresco area and a secure double lock up garage with offstreet parking.

With an easy maintainable garden, ducted air conditioning throughout, security screens, no body corporate, only shared insurance with the adjoining duplex.

Only a short distance to local schools cafes restaurants in public transport.

*Please note the legal address of this property is 1/9 Palma Crescent, Varsity Lakes*

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.
* denotes approximate measurements.

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Property History for 2/9 Palma Cres, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$940,000
22 Aug 2024
Listed for Rent
$680/w
27 Sep 2022
  • 22 Aug 2024
    Sold for $940,000
  • 08 Jul 2024
    Listed for Sale EXPRESSIONS OF INTEREST
  • 20 Sep 2022
    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 8,048 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 34 properties listed for sale, and 27 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 423 properties were sold in the past 12 months in Varsity lakes.

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