OFF MARKET

24 Georgetown Street
Varsity Lakes QLD 4227

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 135m2
Land area: 418m2
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Property Details for 24 Georgetown St, Varsity Lakes

24 Georgetown St, Varsity Lakes is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1997. The property has a land size of 418m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Year Built
1997
Floor Size
135m2
Land Size
418m2
Local Government
Gold Coast City
Lot/Plan
189/RP882167

Last Listing description (July 2021)

There is so much to like about this property it's difficult to know where to begin. I'm genuinely excited!!

The home is incredibly well thought out. Single-level and low maintenance, it's perfect for downsizers, first home buyers, working couples, families and investors, there's something for everyone.

The bedrooms are well-sized, separated, and don't share a wall, meaning everyone has their own space. The living areas are spacious and homely with luscious gardens visible from every vantage point, making this home the ultimate retreat. There's also room for a pool.

A high growth area, Varsity is one of the strongest emerging Gold Coast markets with buyers just starting to realise its true value.

This magnificent home is six minutes to world-class Burleigh beach, five minutes to major shopping precinct Robina Town Centre, minutes to Varsity College (one of the best public schools on the coast), Bond University, the M1 Highway, all major arterials, Varsity Train Station and Robina Hospital.

You'll also find yourself on the doorstep of Lake Orr (picture your morning/sunset walks, as well as picnics and yoga by the water), and just a five-minute stroll to Christine Corner, which has a multitude of cafes, restaurants, shops and services, as well as a petrol station.

The neighbourhood is quiet, convenient, walkable and family-friendly. Whether buying to live or invest, 24 Georgetown St is an address that anyone would be proud to call their own.

As you can tell, I'm a pretty big fan of the house, the area and the locals and urge you to give me a call on 0475 046 561 if you have any questions or if you'd like more information on inspection times.

HIGHLIGHTS:

Solid rendered single storey home with an enclosed 418m2 block
3 bedrooms/2 bathrooms/double lock up garage
Generous living areas that lead to outside entertaining and bedrooms
Air conditioning
Great floor plan ideal for families, downsizers and investors
Open kitchen
Safe neighbourhood with a great sense of community
A short walk to Lake Orr and surrounding parklands
Dining/meals area
3.3kw solar system
Modern Smeg & Bosch kitchen appliances
Well maintained
Separate laundry
Fantastic investment in a high growth area
Very close to Varsity College Primary and Senior Schools, Hospital, Robina Town Centre, Bond University and Burleigh Beach!

RESIDENCE:
BEDROOMS: - Master with ensuite, fan and built-in wardrobes. Bedrooms 2 and 3 both with fans and built-in wardrobes
BATHROOMS: - 2 bathrooms. Ensuite with shower, vanity and toilet. Main bathroom with shower, bath, vanity and separate toilet
OUTDOORS: - Spacious outside covered entertainment area next to lush gardens, with close access to the kitchen
KITCHEN: - Open, modern and spacious, with an induction cooktop, plenty of storage and leads to dining and outside entertaining areas
LIVING: - A large living area, plus dining/meals, all close to the kitchen and leading to outside

POTENTIAL INCOME:
Rental potential: $820- $865 week (approx)
Airbnb/Stayz: $185-$575 per night (entire home)

OUTGOINGS:
Council - $1,952 pa
Water - $1,760 pa

SCHOOL CATCHMENT ZONE:
Caningeraba Primary School
Varsity College Senior School
Bond University

Property History for 24 Georgetown St, Varsity Lakes, QLD 4227

A timeline of how this property has performed in the market
Last Sold
$906,500
19 Jul 2021
  • 19 Jul 2021
    Sold for $906,500
  • 15 Jul 2021
    Listed for Sale EXPRESSIONS OF INTEREST
  • 21 Aug 2018
    Sold for $607,000
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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 8,090 properties. Over the last 5 years, Houses in Varsity Lakes have seen a 88.34% increase in median value, while Units have seen a 72.99% increase. As at 30 September 2024:

  • The median value for Houses in Varsity Lakes is $1,169,841 while the median value for Units is $755,001.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 36 properties listed for sale, and 35 properties listed for rent in Varsity lakes on OnTheHouse. According to CoreLogic's data, 449 properties were sold in the past 12 months in Varsity lakes.

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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.